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Sensex, Nifty Snap Four-day Losing Streak
Indian shares rose notably on Friday to snap a four-day losing streak after two of the Federal Reserve's most hawkish policymakers signaled support for a second straight 75-basis-point rate hike at the U.S. central bank's policy meeting later this month, alleviating some fears of a 100-basis point hike.
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vor 1051 Tagen
European Shares Rebound As Rate Hike Fears Ebb
European stocks rallied on Friday after two Fed officials signaled support for a second straight 75-basis-point rate hike at the U.S. central bank's policy meeting later this month, alleviating some fears of a 100-basis point hike.
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vor 1051 Tagen
FTSE 100 Rises Led By Energy Stocks
U.K. stocks rallied on Friday, with energy and defensive stocks leading the surge.
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vor 1051 Tagen
CAC 40 Rises After Selloff; Banks, Auto Gain
French stocks advanced on Friday after two Fed officials signaled support for a second straight 75-basis-point rate hike at the U.S. central bank's policy meeting later this month, alleviating some fears of a 100-basis point hike.
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vor 1051 Tagen
DAX Rallies As Fed Rate Hike Fears Ease
German stocks rallied on Friday after two Federal Reserve officials backed another 0.75-percentage-point interest rate increase at the U.S. central bank's meeting later this month, helping ease worries about more aggressive rate hikes.
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vor 1051 Tagen
Asian Shares Mixed After Dismal China GDP Data
Asian stocks ended mixed on Friday as China GDP growth data missed forecasts and two Fed officials played down the bet for a 100-bps rate hike at the U.S. central bank's July 26-27 meeting.
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vor 1051 Tagen
Australian Dollar Falls On Weak China Data
The Australian dollar dropped against its key counterparts during the Asian session on Friday, as risk sentiment dampened amid a slowdown in economic growth in China and
political crisis in Italy.
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vor 1051 Tagen
more news
China Economy Logs Weak Growth In Q2
China's economy expanded at a weaker pace in the second quarter hit hard by the strict zero-COVID policy, casting doubt over Beijing's ability to achieve its growth target of around 5.5 percent. Gross domestic product grew only 0.4 percent on a yearly basis in the second quarter, following the first quarter's 4.8 percent expansion, data from the National Bureau of Statistics revealed Friday. GDP
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vor 1051 Tagen
European Economics Preview: Eurozone Foreign Trade Data Due
Foreign trade data from the euro area is due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the European Automobile Manufacturers' Association is slated to issue Europe new car registrations data for June. Sales had declined 11.2 percent annually in May.
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vor 1051 Tagen
European Shares Poised For Firm Start As Rate Worries Ease
European stocks are seen opening on a positive note Friday as worries surrounding aggressive Fed tightening eased.
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vor 1051 Tagen
Sensex, Nifty Edge Higher; FMCG Stocks Lead Gains
Indian shares opened higher on Friday amid declining commodity prices and eased worries on a supersized 100 basis point rate hike from the Federal Reserve later this month.
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vor 1052 Tagen
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as fears about a recession due to aggressive monetary tightening by central banks to rein in inflation rendered the mood bearish. Analysts expect the US Fed to likely raise rates by 100 basis points later this month, with inflation soaring to a 41-year high. Asian markets ended mixed on Thursday.
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vor 1052 Tagen
Sensex, Nifty Seen Up As Bets On Rate Hike Ease
Indian shares look set to open a tad higher on Friday as the odds that the Federal Reserve would opt for a 100-bps rate hike at the upcoming policy meeting remain very low.
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vor 1052 Tagen
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