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European Shares Seen Up In Cautious Trade
European stocks are seen opening higher on Friday, though underlying sentiment may remain somewhat cautious on growing concerns of a recession.
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vor 913 Tagen
Sensex, Nifty Give Up Early Gains In Cautious Trade
Indian shares were moving in a narrow range on Friday, as hawkish comments from a top U.S. Federal Reserve official and signs of continued labor market tightness led some investors to worry about more aggressive interest rate hikes in the United States.
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vor 913 Tagen
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as traders remained cautious amid the mixed cues about the outlook for global interest rates after the recent hawkish comments from several US Federal Reserve officials. Asian markets ended mostly lower on Thursday.
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vor 913 Tagen
Sensex, Nifty Set To Follow Asian Peers Higher
Indian shares are seen opening higher on Friday, though higher levels may attract profit booking amid an uncertain global macroeconomic environment.
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vor 913 Tagen
Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Friday, recouping the losses in the previous session, with the benchmark Nikkei 225 around the 28,000 mark, despite negative cues from Wall Street, as Bank of Japan Governor Haruhiko Kuroda stressed the need to maintain its ultra-loose monetary policy to support the economy after release of data that showed annual core consumer prices surged.
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vor 913 Tagen
Australian Market Modestly Higher
The Australian stock market is modestly higher on Friday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 7,100 level, despite the broadly negative cues from Wall Street overnight, with gains led by financial and energy stocks, even as traders remain optimistic the US Fed will scale down the pace of its interest rate hikes.
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vor 913 Tagen
TSX Ends Modestly Lower
The Canadian market ended modestly lower on Thursday after staying week right through the day's session amid concerns about growth, and hawkish comments from some Fed officials.
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vor 913 Tagen
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Dollar Gains Against Major Rivals After Hawkish Fed Comments
The U.S. dollar firmed against its major counterparts on Thursday, supported by hawkish comments from some Federal Reserve officials, including St. Louis Federal Reserve President James Bullard.
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vor 913 Tagen
Swiss Market Ends Marginally Down
Swiss stocks started off on a positive note on Thursday, but slipped into the red around mid morning, and despite staging a recovery in late afternoon trades, ended the session marginally down.
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vor 913 Tagen
European Stocks Close Lower On Growth Worries, Interest Rate Concerns
European stocks closed lower on Thursday with investors closely following the developments on the geopolitical front, and digesting the budget announcement by the British Finance Minister Jeremy Hunt.
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vor 913 Tagen
UK Chancellor Unveils Tax Raises, Cost Of Living Support Amid Recession
UK Chancellor Jeremy Hunt on Thursday announced tax measures that would raise billions, spending cuts and cost of living support measures for households and businesses struggling with soaring energy bills as he confirmed the economy is in a recession.
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vor 913 Tagen
Canadian Market Down Firmly In Negative Territory At Noon
The Canadian market is down firmly in negative territory around noon on Thursday, weighed down by losses in energy, materials and technology sectors.
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vor 913 Tagen
Pound Weakens After U.K. Autumn Budget Statement
The pound moved down against its major counterparts in the European session on Thursday, as U.K. Chancellor of Exchequer Jeremy Hunt unveiled a package of tax increases and spending cuts worth £55 billion and said that the economy is already in a recession.
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vor 913 Tagen
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