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CAC 40 Climbs After ECB's Jumbo Rate Hike
French stocks jumped on Friday, a day after the European Central Bank raised interest rates by a record 75 basis points and signaled further hikes to tame runaway inflation.
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1004 दिनों पहले
DAX Rallies As Banks Climb After Record ECB Rate Hike
German stocks rallied on Friday, a day after the European Central Bank (ECB) reinforced its fight against inflation by delivering a 75-basis-point rate hike.
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1004 दिनों पहले
Asian Shares Rise After Powell's Comments, Record ECB Rate Hike
Asian stocks rose on Friday as investors digested Federal Reserve Chair Jerome Powell and ECB President Christine Lagarde's comments advocating for higher rates to combat runaway inflation.
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1004 दिनों पहले
China Consumer Price Inflation Unexpectedly Eases
China's consumer price inflation unexpectedly slowed in August and factory gate inflation hit an 18-month low, providing space for the central bank to ease its monetary policy to support the struggling economy. Consumer price inflation eased to 2.5 percent in August from 2.7 percent in July, data released by the National Bureau of Statistics showed Friday.
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1004 दिनों पहले
European Economics Preview: France Industrial Output Data Due
Industrial production from France is the only major statistical report due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway releases consumer and producer prices for August. Consumer price inflation is forecast to rise to 7.1 percent from 6.8 percent in July.
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European Shares Seen Higher At Open
European stocks look set to extend gains from the previous session on Friday as investors assess the inflation and monetary policy outlook.
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Indian Shares Follow Global Peers Higher
Indian shares followed global peers higher on Friday as U.S. Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to tame inflation.
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1004 दिनों पहले
more news
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, with support coming from technology and financial stocks. Traders also remain cautious and concerned about the outlook for interest rates, even as they digest hawkish comments from US Fed Chair Jerome Powell that signaled aggressive rate hikes in the coming months.
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1004 दिनों पहले
Indian Shares Set For Positive Start After Powell's Speech
Indian shares are seen opening a tad higher on Friday, mirroring firm global cues even as Fed Chair Jerome Powell warned against prematurely loosening policy, raising the likelihood that the Fed will hikes interest rates by 75 basis points at this month's meeting.
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1004 दिनों पहले
Win Streak May Continue For Thai Stock Market
The Thai stock market has moved higher in three straight sessions, collecting almost 20 points or 1.2 percent along the way. The Stock Exchange of Thailand now rests just above the 1,640-point plateau and it's predicted to extend its gains again on Friday.
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1004 दिनों पहले
Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Friday, extending the gains in the previous session, with the benchmark Nikkei 225 moving above the 28,100 level, following the broadly positive cues from Wall Street overnight and as traders reacted to the government further easing its COVID-19 border control measures and increasing the cap on tourist entries.
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1004 दिनों पहले
Higher Open Expected For Indonesia Stock Market
The Indonesia stock market rebounded again on Thursday, one session after halting the three-day winning streak in which it had gathered more than 80 points or 1.2 percent. The Jakarta Composite Index now rests just above the 7,230-point plateau and it's tipped to open the green again on Friday.
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1004 दिनों पहले
Australian Market Modestly Higher
The Australian stock market is modestly higher on Friday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying below the 6,900 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors, led by technology stocks.
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1004 दिनों पहले
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