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European Shares Extend Losses On Fears About Wider Middle East Conflict
European stocks traded lower on Friday to extend recent losses as expectations of higher-for-longer interest rates and an escalating Middle East conflict dented investors' appetite for risk.
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vor 578 Tagen
FTSE 100 Declines As Retail Sales Disappoint
U.K. stocks traded lower on Friday amid worries over rising bond yields and the escalating Israel-Hamas conflict.
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vor 578 Tagen
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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vor 578 Tagen
CAC 40 Slides As Yields Extend Climb
French stocks declined on Friday, with a surge in U.S. bond yields and escalating Middle East tensions keeping investors nervous.
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vor 578 Tagen
DAX Extends Losses As Risk Aversion Intensifies
German stocks fell notably on Friday, reflecting a risk-averse environment amid concerns over rising bond yields and the escalation of the Israel-Hamas conflict.
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vor 578 Tagen
Asian Shares Retreat On Worries Over Rising Yields
Asian stocks tumbled on Friday as escalating Middle East tensions and a continued surge in oil prices clouded the outlook for global economic growth.
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vor 578 Tagen
UK Retail Sales Fall More Than Expected
UK retail sales logged a bigger-than-expected decline in September as the cost of living pressures damped spending and consumer sentiment. Retail sales dropped 0.9 percent on a monthly basis, in contrast to the 0.4 percent increase in August, the Office for Statistics reported Friday. Sales were forecast to ease 0.2 percent.
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vor 578 Tagen
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China Keeps Lending Rates Unchanged As Expected
The People's Bank of China left its benchmark rates unchanged on Friday, as widely expected, after the economic growth exceeded expectations leaving the economy back on the track to achieve the target. The Chinese central bank maintained its one-year loan prime rate, or LPR, at 3.45 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was left unchanged at 4.20 percent.
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vor 578 Tagen
European Economic News Preview: UK Retail Sales, Public Sector Finance Data Due
Retail sales and public sector finances from the UK are 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 releases UK retail sales and public sector finance figures. Retail sales are forecast to fall 0.2 percent on month in September, reversing a 0.4 percent rise in August.
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vor 578 Tagen
European Shares May See Cautious Open Amid Middle East Tensions
European stocks may open on a cautious note on Friday as investors weigh a range of uncertainties.
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vor 578 Tagen
Sensex, Nifty Slightly Lower In Early Trade; FMCG Stocks Underperform
Indian shares opened lower on Friday, tracking weak global markets as investors reacted to Fed Chair Jerome Powell's cautious remarks on further rate hikes and a surge in oil prices to over the $90-a barrel mark amid escalating tensions in the Middle East.
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vor 578 Tagen
Asian Markets Track Global Sell-off
The sell-off in the global markets overnight is dragging Asian stock markets mostly lower on Friday, as traders react to an escalation in tensions in the Middle East, and lingering worries about global economic slowdown and the outlook for interest rates. Global equities also came under pressure after bond yields once again retraced its highest closing level in over sixteen years.
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vor 578 Tagen
Sensex, Nifty Set To Extend Losses Amid Global Selloff
Indian shares are likely to open lower on Friday as risk aversion prevails due to renewed Middle East tensions, Fed Chair Jerome Powell's cautious remarks on further rate hikes and a surge in oil prices over the $90-a barrel mark.
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vor 578 Tagen
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