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Actualités Forex
CAC 40 Inches Higher After PMI Data
French stocks traded higher on Friday after a survey showed Eurozone factory downturn remained strong in November, but reductions in output, new orders and inventories eased.
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DAX Gains As Investors Await Powell's Speech
German stocks rose on Friday as signs of easing inflation in the U.S. and the euro zone raised optimism over possible interest rate cuts earlier next year.
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Asian Shares Mostly Lower As Tech Stocks Drag
Asian stocks ended broadly lower on Friday as mixed economic signals from China pointed to feeble economic recovery in the world's second-largest economy.
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Apple To Be First And Largest Customer Of Amkor's $2 Bln Chip Packaging Plant
Apple Inc. announced it will be the first and largest customer of Amkor Technology, Inc.'s new $2 billion advanced silicon manufacturing and packaging facility being developed in Peoria, Arizona. The expanded partnership supports the tech major's efforts to manufacture its products in the United States. The new facility, which is expected to employ around 2,000 people upon completion, will package
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China Manufacturing Activity Recovers In November
China's factory activity rebounded in November as sustained rise in new orders lifted production, survey results from S&P Global showed on Friday. The Caixin manufacturing Purchasing Managers' Index, or PMI, rose to a three-month high of 50.7 in November from 49.5 in October. Economists had forecast the index to rise moderately to 49.8.
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European Economic News Preview: Eurozone Final Factory PMI Due
Factory 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 UK Nationwide house price data is due. House prices are forecast to fall 2.3 percent on a yearly basis in November after easing 3.3 percent in October. At 2.30 am ET, final GDP and foreign trade figures are due from Hungary.
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European Shares Set To Open On Firm Note On Rate Cut Hopes
European stocks are set to open on a firm note Friday amid hopes that the U.S. Federal Reserve will start reducing interest rates from the first quarter of next year.
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more news
GE Appliances Recalls Electric Cooktops
Haier US Appliance Solutions Inc., doing business as GE Appliances, is recalling about 11,000 units of electric cooktops in the United States, citing risk for burn, the U.S. Consumer Product Safety Commission said. The recall involves GE-branded JP3030 knob-controlled electric radiant cooktops manufactured from July 2022 through September 2022.
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Sensex, Nifty Open Higher On Strong GDP Data
Indian shares opened a tad higher Friday on the back of strong GDP data for the July-September quarter and signs of revived FPI inflows.
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Asian Markets Mostly Lower
Following the mixed cues from Wall Street overnight, Asian stock markets are trading mostly lower on Friday, as traders react to a raft of mixed domestic economic data from the region, particularly manufacturing activity. The downside was limited amid cooling inflation data from the US that raised hopes the US Fed will keep interest rates unchanged for longer.
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Sensex, Nifty Seen Opening Up After GDP Data
Indian shares are seen opening higher on Friday, though muted cues from Asian markets may play spoilsport as the session progresses.
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Japanese Market Slightly Higher
Alternating on either side of the unchanged line in early morning session, the Japanese stock market is slightly higher in choppy trading on Friday, recouping some of the losses in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is moving above the 33,500 level, as traders reacted to some domestic economic data.
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Thai Stock Market May Find Traction On Friday
The Thai stock market has moved lower in two straight sessions, sinking more than 20 points or 1.4 percent long the way. The Stock Exchange of Thailand now sits just above the 1,380-point plateau although it may stop the bleeding on Friday.
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