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CAC 40 Climbs On Budget Optimism
French stocks traded sharply higher on Friday after President Emmanuel Macron said he will appoint a new prime minister in the coming days and will get the 2025 budget adopted by parliament.
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DAX Marginally Higher In Cautious Trade
German stocks were little changed on Friday as investors continued to monitor the latest political developments in France and South Korea, and awaited the release of U.S. payrolls data later in the day that could alter the odds of a Federal Reserve rate cut later this month.
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Asian Shares Mixed As Investors Await US Jobs Data
Asian stocks ended mixed on Friday, with Chinese and Hong Kong markets outperforming ahead of an annual economic policy meeting scheduled for next week.
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Elon Musk's XAI Raises $6 Bln In New Funding Round
Elon Musk's artificial intelligence startup X.AI Corp., doing business as xAI, has raised $6 billion in its new funding round, according to a filing with the U.S. Securities and Exchange Commission. With the latest capital raise, the company reportedly stands at more than $40 billion valuation. The new funding round brings xAI's total raised fund to $12 billion, including the $6 billion it had...
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Antipodean Currencies Fall Amid Risk Aversion
Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday amid risk aversion, as traders remain cautious and are reluctant to make significant moves ahead of the release of the closely watched monthly U.S. jobs data later in the day that will offer clues on the U.S. Fed's interest rate moves. Political turmoil in South Korea and France also weighed on the investor sentiment.
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NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Friday.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Friday.
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more news
More Cucumber Products Recalled After Salmonella Outbreak
The U.S. Food and Drug Administration has announced further recalls of multiple products with cucumber, which has been recalled recently following ongoing Salmonella outbreak. Supreme Service Solutions LLC, dba Supreme Produce, has called back Supreme Produce cucumber products, and Yummi Sushi LLC has called back multiple sushi products with cucumber...
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European Shares To Open On Cautious Note Before US Jobs Report
European stocks may open on a sluggish note Friday as traders take stock of political turmoil in South Korea and France and await the all-important U.S. nonfarm payrolls report due later in the day for additional clues on the Fed's rate trajectory.
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Sensex, Nifty Struggle For Direction Before RBI Meeting Outcome
Indian shares were little changed on Friday ahead of the Reserve Bank of India's (RBI) monetary policy decision later in the day, with analysts remaining divided on whether the rate-setting panel will maintain its stance on the key interest rates or go for its first policy reduction since February 2023.
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Asian Markets Tracks Wall Street Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, as traders remain cautious and are reluctant to make significant moves ahead of the release of the closely watched monthly US jobs data later in the day that will offer clues on the US Fed's interest rate moves. Asian markets ended mixed on Thursday.
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Sensex, Nifty To Open On Cautious Note As Investors Await RBI Rate Decision
Indian shares may open on a cautious note Friday as investors await the Reserve Bank of India's (RBI) monetary policy decision later in the day for directional cues.
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Japanese Market Significantly Lower
Snapping a four-session winning streak, the Japanese stock market is significantly lower on Friday, following the broadly negative cues from Wall Street overnight. The benchmark Nikkei 225 is falling to stay a tad above the 39,100 level, with gains across most sectors led by technology and financial stocks.
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