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DAX Gains On Hopes For Fed Pause
German stocks rebounded on Friday as recent U.S. inflation data added to confidence that the Federal Reserve will pause interest-rate increases in the upcoming month.
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824 days ago
Asian Shares Slide On Worries Over US Banks
Asian stocks retreated on Friday on lingering worries over the health of U.S. banks, ongoing impasse over the U.S. debt ceiling and Chinese economic recovery.
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824 days ago
NZ Dollar Falls Amid Risk Aversion, Downbeat NZ Data
The New Zealand dollar weakened against other major currencies in the Asian session on Friday, as Asian stocks traded lower with weakness in materials and energy stocks amid tumbling commodity prices. Also, data showed that the manufacturing sector in New Zealand continued to contract in April.
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824 days ago
Elon Musk To Become Twitter's Chair And CTO After Hiring New CEO
Elon Musk, the owner and Chief Executive Officer of Twitter, is stepping down from the lead role in the social media platform as a new CEO has been hired. In a tweet, he said, "Excited to announce that I've hired a new CEO for X/Twitter. She will be starting in ~6 weeks! My role will transition to being exec chair & CTO, overseeing product, software & sysops."
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824 days ago
Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the Asian session on Friday.
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824 days ago
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
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824 days ago
European Shares Seen Opening Up Despite Debt Ceiling, Bank Worries
European stocks may open on a positive note Friday as soft U.S. producer price inflation data released overnight suggested that the Federal Reserve was making progress in taming inflation.
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824 days ago
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Sensex, Nifty Open Lower As Pharma And Metal Stocks Drag
Indian shares opened lower on Friday, with uncertainty over the U.S. debt ceiling and jitters over the health of U.S. regional banks keeping investors nervous.
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825 days ago
Asian Markets Mostly Lower Amid Cautious Trades
Asian stock markets are mostly lower on Friday, following the mixed cues from global markets overnight, with weakness in materials and energy stocks amid tumbling commodity prices. Traders also cautious amid worries about economic slowdown and renewed concerns about the turmoil in the US banking sector. Asian markets ended mostly lower on Thursday.
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825 days ago
Sensex, Nifty Seen Opening Lower Ahead Of CPI Data
Indian shares may open a tad lower on Friday, tracking mixed cues from global markets and amid caution ahead of domestic CPI data due out later in the day.
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825 days ago
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 above the 29,300 level to 17-month highs, following the mixed cues from global markets overnight, boosted by gains in technology and consumer stocks.
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825 days ago
Thai Stock Market May Take Further Damage On Friday
The stock market on Thursday snapped the four-day winning streak in which it had advanced more than 40 points or 2.6 percent. The Stock Exchange of Thailand now sits just above the 1,565-point plateau and it's likely to open under pressure again on Friday.
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825 days ago
Australian Market Slightly Lower
The Australian stock market is slightly lower on Friday, extending the losses in the previous three sessions, with the benchmark S&P/ASX 200 staying above the 7,200 level, following the mixed cues from global markets overnight, dragged by weakness s in energy and mining stocks amid tumbling iron ore and crude oil prices, partially offset by gains in technology and financial stocks.
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825 days ago
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