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Sensex, Nifty Advance Led By PSUs

Indian shares rose notably on Friday as signs of a cooling U.S. economy pressured bond yields and bolstered expectations of potential rate cuts by the Federal Reserve.
RTTNews | vor 573 Tagen
European Shares Inch Higher Ahead Of US Jobs Data

European Shares Inch Higher Ahead Of US Jobs Data

European stocks were seeing modest gains in cautious trade on Friday, a day after the Bank of England signaled that it will likely lower borrowing costs this year for the first time since 2020.
RTTNews | vor 573 Tagen
FTSE 100 Rises On Rate Cut Hopes

FTSE 100 Rises On Rate Cut Hopes

U.K. stocks advanced on Friday, a day after the Bank of England opened the door to interest rate cuts, saying it is looking for "more evidence" that inflation would continue falling.
RTTNews | vor 573 Tagen
DAX Gains Ahead Of US Jobs Report

DAX Gains Ahead Of US Jobs Report

German stocks rose on Friday as global bond yields dipped after the release of weak U.S. labor market data overnight.
RTTNews | vor 573 Tagen
Antipodean Currencies Rises As Asian Shares Traded Higher

Antipodean Currencies Rises As Asian Shares Traded Higher

The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Friday, after Asian stock markets traded higher, following the broadly positive cues from Wall Street overnight, with the markets rebounding as investors shrugged off the U.S. Fed's indication that an interest rate cut in March is unlikely after a sell-off on Wednesday. Markets in South Korea, Hong Kong, Singapore and Australia were up well above 1 percent.
RTTNews | vor 573 Tagen
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Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews | vor 573 Tagen
European Economic News Preview: France Industrial Production Data Due

European Economic News Preview: France Industrial Production Data Due

Industrial production from France and unemployment from Spain are the top economic news due on Friday. At 2.45 am ET, France's statistical office INSEE is scheduled to issue industrial production for December. Output is forecast to grow 0.2 percent on month, following a 0.5 percent rise in November.
RTTNews | vor 573 Tagen

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