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CAC 40 Rallies As Industrial Output Rebounds

French stocks were trading higher on Friday after official data showed France's industrial production rebounded in April, led by a sharp recovery in petroleum output.
RTTNews | 791 days ago
DAX Extends Gains Ahead Of US Jobs Data

DAX Extends Gains Ahead Of US Jobs Data

German stocks rose on Friday to extend gains from the previous session as the U.S. pulled back from the brink of default and comments from a Federal Reserve official suggested a pause in interest rate hikes at the June policy meeting.
RTTNews | 791 days ago
Asian Shares Gain As US Senate Clears Debt Deal

Asian Shares Gain As US Senate Clears Debt Deal

Asian stocks advanced on Friday after the U.S. Senate passed a bipartisan bill to raise the debt ceiling into 2025 and cut the deficit, the final hurdle for the U.S. to avoid default on its debt.
RTTNews | 791 days ago
French Industrial Production Recovers In April

French Industrial Production Recovers In April

France's industrial production rebounded in April with the sharp recovery in petroleum output, the statistical office INSEE reported Friday. Industrial output logged a monthly growth of 0.8 percent, reversing the 1.1 percent decrease in March. Production was expected to climb 0.3 percent.
RTTNews | 791 days ago
European Economic News Preview: France Industrial Output Data Due

European Economic News Preview: France Industrial Output Data Due

Industrial production from France and unemployment from Spain are the only important economic data due on Friday. At 2.45 am ET, France's statistical office Insee publishes industrial output for April. Production is expected to grow 0.3 percent on month, in contrast to the 1.1 percent decrease in March.
RTTNews | 791 days ago
Sensex, Nifty Gain As US Senate Clears Debt Ceiling Bill

Sensex, Nifty Gain As US Senate Clears Debt Ceiling Bill

Indian shares opened on a positive note Friday, mirroring firm cues from global markets after the U.S. Senate approved a bipartisan deal to address the debt ceiling and implement budget cuts, avoiding a potential U.S. default.
RTTNews | 791 days ago
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Asian Markets Track Global Markets Higher

Asian Markets Track Global Markets Higher

Asian stock markets are mostly higher on Friday, following the broadly positive cues from global markets overnight, as risk sentiment improved after the bill to raise US debt limit and cap government spending in the U.S. was passed by a wide margin late Wednesday to remove a source of uncertainty in the markets. The U.S. Senate will vote on the bill as early as later in the day.
RTTNews | 791 days ago
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is significantly higher on Friday, extending the gains in the previous session, with the benchmark Nikkei 225 moving to a tad below the 31,400 level to climb back toward fresh 33-year highs, following the broadly positive cues from global markets overnight, boosted by gains across most sectors, led by index heavyweights and exporters. Technology stocks were weak.
RTTNews | 791 days ago
Thai Shares Tipped To End Losing Streak On Friday

Thai Shares Tipped To End Losing Streak On Friday

The Thai stock market has moved lower in three straight sessions, slipping almost 20 points or 1.3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,520-point plateau although it figures to stop the bleeding on Friday.
RTTNews | 791 days ago
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is notably higher on Friday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 7,100 level, following the broadly positive cues from global markets overnight, with gains across most sectors, led by miners and technology stocks. Traders also cautiously looked ahead to the RBA's interest rate decision scheduled for next week.
RTTNews | 791 days ago
Higher Open Called For Hong Kong Stock Market

Higher Open Called For Hong Kong Stock Market

The Hong Kong stock market has moved lower in two straight sessions, sinking almost 380 points or 2.1 percent along the way. The Hang Seng Index now rests just above the 18,215-point plateau although it's tipped to open in the green on Friday.
RTTNews | 791 days ago

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