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European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash Purchasing Managers' survey results from the euro area and the UK are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for August. Sales are forecast to grow 0.5 percent on month, in contrast to the 1.2 percent decrease in July.
RTTNews | vor 657 Tagen
Sensex, Nifty Marginally Lower; Financials Gain

Sensex, Nifty Marginally Lower; Financials Gain

Indian shares were flat to slightly lower on Friday after U.S. stocks suffered their biggest drop in six months overnight and benchmark 10-year U.S. Treasury yields touched a 16-year peak amid uncertainty about the Fed's monetary policy direction.
RTTNews | vor 657 Tagen
Asian Markets Track Global Markets Lower

Asian Markets Track Global Markets Lower

Asian stock markets are trading mostly weak on Friday, following the broadly negative cues from global markets overnight, amid continuing worries about inflation, interest rates and outlook for global economic growth after the US Fed's hawkish indications it will keep interest rates at elevated levels for longer than previously anticipated to combat stubborn inflation.
RTTNews | vor 657 Tagen
Yen Falls Ahead Of BoJ Rate Decision

Yen Falls Ahead Of BoJ Rate Decision

At 11:00 pm ET in the early Asian session on Friday, the Bank of Japan is set to announce its monetary policy decision.
RTTNews | vor 657 Tagen
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Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is significantly lower on Friday, extending the losses in the previous three sessions, with the benchmark Nikkei 225 falling below the 32,400 level, following the broadly negative cues from global markets overnight, as traders reacted to downbeat domestic data with weakness seen across most sectors, led by exporters and technology stocks.
RTTNews | vor 657 Tagen
Australian Market Sharply Lower

Australian Market Sharply Lower

The Australian stock market is sharply lower on Friday, extending the losses in the previous four sessions, with the benchmark S&P/ASX 200 falling below the 7,000 mark, following the broadly negative cues from global markets overnight, with weakness across most sectors, led by heavyweight mining stocks and technology stocks.
RTTNews | vor 657 Tagen
Dollar Rises Against Major Counterparts

Dollar Rises Against Major Counterparts

The U.S. dollar stayed fairly positive on Thursday after the Federal Reserve said its monetary policy will remain tight for longer in order to combat inflation.
RTTNews | vor 657 Tagen
Canadian Stocks Down Sharply On Growth, Interest Rate Concerns

Canadian Stocks Down Sharply On Growth, Interest Rate Concerns

Canadian stocks are down sharply in negative territory Thursday afternoon, due to sustained selling across the board. Rising concerns about inflation and the impact of higher interest rates on economic growth continue to hurt sentiment.
RTTNews | vor 658 Tagen

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