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Pound Rises On Strong UK Retail Sales Data
The British pound strengthened against other major currencies in the pre-European session on Friday, after data showed that the nation's retail sales rose more-than-expected in November.
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UK Car Production Logs Best November Since 2020 - SMMT
UK car manufacturing grew in double-digits in November to record the best outcome for the month in three years as supply chain constraints eased, survey data from the Society of Motor Manufacturers and Traders, or SMMT, showed Friday. Car production grew 14.8 percent year-on-year after a 31.6 percent increase in October.
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Před 664 dny
Pound Rises Against Majors
The British pound strengthened against other major currencies in the pre-European session on Friday.
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Před 664 dny
European Economic News Preview: UK GDP Data Due
Quarterly national accounts, retail sales and current account figures are due from the UK, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK GDP, retail sales and balance of payment data. The economy is forecast to remain flat sequentially in the third quarter after rising 0.2 percent in the second quarter.
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Před 664 dny
Japan Core Inflation Softens In November
Japan's core inflation softened in November on renewed fall in energy prices, official data revealed Friday. Consumer prices excluding fresh food rose 2.5 percent year-on-year in November, slower than the 2.9 percent rise in October, the Ministry of Internal Affairs and Communications said.
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Před 664 dny
Chinese Yuan Falls To 9-day Low Against U.S. Dollar
The Chinese yuan weakened against the U.S. dollar in the Asian session on Friday.
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Před 664 dny
European Shares Seen Tad Lower As Investors Await US Inflation Data
European stocks are likely to drift lower at open on Friday as investors await the last key U.S. inflation reading before Christmas.
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Před 664 dny
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Sensex, Nifty See Modest Gains On Solid US Data
Indian shares opened on a positive note Friday as positive U.S. GDP and PCE data helped ease concerns around inflation and interest rates.
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Před 664 dny
Asian Markets Track Wall Street Higher
Following the broadly positive cues from Wall Street overnight, Asian stock markets are trading mostly higher on Friday, as traders reacted to the prospects of a rate cut by the US Fed early next year after some US data showing a drop in economic growth and an uptick in jobless claims. Asian markets ended mostly lower on Thursday.
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Před 665 dny
Sensex, Nifty May See Modest Gains At Open
Indian shares may see modest gains at open on Friday as new economic data from the U.S. fueled hopes that the U.S. central bank will cut interest rates in the coming months.
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Před 665 dny
Japanese Market Modestly Higher
Recouping some of the losses in the previous session, the Japanese stock market is trading modestly higher on Friday, following the broadly positive cues from Wall Street overnight. The benchmark Nikkei 225 is moving above the 33,200 level, as traders reacted to domestic data that showed inflation in Japan continued to ease in November.
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Před 665 dny
Australian Market Slightly Higher
Recouping some of the losses in the previous session, the Australian stock market is trading slightly higher on Friday, despite the broadly negative cues from global markets overnight. The benchmark S&P/ASX 200 is staying above the 7,500 level, with gains in technology stocks partially offset by losses in gold miner stocks.
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Před 665 dny
TSX Ends Notably Higher On Fed Rate Cut Hopes
The Canadian market ended on a firm note on Thursday, regaining a substantial portion of the ground it lost in the previous session, as weak economic data raised prospects of a rate cut in the U.S. early next year.
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Před 665 dny
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