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CAC 40 Gains On Hopes For Early Rate Cuts
French stocks advanced on Friday after data showed U.S. retail sales declined more than expected, feeding hopes the Federal Reserve will soon start cutting interest rates.
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Před 621 dny
DAX Edges Higher On ECB Rate Cut Hopes
German stocks traded higher on Friday amid expectations of interest-rate cuts in the second quarter.
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Před 621 dny
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Friday.
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Před 621 dny
Asian Shares Rise On Wall Street Cues
Asian stocks followed Wall Street higher on Friday after stocks on Wall Street set a new record overnight following a decline in U.S. Treasury yields.
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Před 621 dny
CPSC Recalls: Electric Smokers, Climbing Sticks, Bicycle Helmets, Fuel Bottles
The U.S. Consumer Product Safety Commission or CPSC has announced recalls including digital electric smokers, climbing sticks, bicycle helmets and fuel bottles citing various reasons. The recall involves Char-Broil LLC's digital electric smokers due to risk of electric shock; FeraDyne Outdoors LLC's Rhino Climbing Sticks for fall and laceration hazards...
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Před 621 dny
Yen Falls As Asian Shares Traded Higher
The Japanese weakened against other major currencies in the Asian session on Friday as Asian stock markets traded higher, after the latest batch of U.S. economic data showing a bigger than expected drop in retail sales in the month of January raised the possibility of an interest rate cut as early as June.
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Před 621 dny
Nike To Cut 2% Of Global Workforce
Sportswear giant Nike Inc. plans to reduce its global workforce by about 2 percent as part of its efforts to reduce costs and streamline the organization amid softer revenue outlook and increasing competition, reports said citing a memo. More than 1,600 employees are likely to be affected with the job cuts based on the company's total workforce of about 83,700 employees worldwide.
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Před 621 dny
more news
Yen Falls Against Majors
The Japanese weakened against other major currencies in the Asian session on Friday.
RTTNews
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Před 621 dny
European Shares Poised For Steady Open
European stocks may open on a firm note Friday after stocks on Wall Street set another record overnight following a mixed set of data on the economy.
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Před 621 dny
European Economic News Preview: UK Retail Sales Data Due
Retail sales data from the UK is the top economic news due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK retail sales for January. Sales are forecast to grow 1.5 percent on month, in contrast to the 3.2 percent decrease in December.
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Před 621 dny
Sensex, Nifty Open Higher As Yields Dip On Weak US Data
Indian shares opened on a positive note Friday as weak U.S. retail sales data sent Treasury yields down and added to bets that the Federal Reserve will cut interest rates in coming months.
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Před 621 dny
Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from global markets overnight, after the latest batch of US economic data showing a bigger than expected drop in retail sales in the month of January raised the possibility of an interest rate cut as early as June. Asian markets ended mostly higher on Thursday.
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Před 622 dny
Sensex, Nifty May Rise On Global Cues
Indian shares are seen opening higher on Friday, mirroring firm cues from global markets as soft retail sales data fueled hoped for an early rate cut in the U.S.
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Před 622 dny
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