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Swiss Franc Climbs As Focus Shifts To Central Bank Meetings
The Swiss franc was higher against its major rivals in the European session on Friday, as investors geared up for a slew of central bank policy meetings due next week.
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893 days ago
Sensex, Nifty Decline As IT Stocks Tumble On Valuation Concerns
Indian shares fell notably on Friday, with IT stocks suffering heavy losses after analysts from brokerage Credit Suisse warned of a 10-27 percent valuation-led correction for India's top four IT companies.
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893 days ago
European Shares Little Changed As Investors Look Ahead To Fed Meeting
European stocks were little changed on Friday after falling for five consecutive sessions on worries about higher interest rates and the outlook for global growth.
A cautious undertone prevailed as investors braced for key U.S. inflation data due later in the day and next week's FOMC rate decision.
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893 days ago
France GDP To Post Meager Growth In Q4: Bank Of France
The French economy is on the course to continue expanding at the end of the year but at a modest pace, the Bank of France estimated based on a monthly survey. Gross domestic product will expand around 0.1 percent in the fourth quarter, the Bank of France said Thursday. The bank forecast GDP to be up slightly in November and virtually stable in December.
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893 days ago
SpaceX Launches 40 OneWeb Satellites
SpaceX, owned by Elon Musk, has launched 40 satellites of British communications network OneWeb into orbit. From NASA's Kennedy Space Center or KSC in Florida, Falcon 9 rocket on Thursday evening carried the satellites. The Falcon 9's first stage separated, and it then returned to Earth to make a landing on a SpaceX pad at the nearby Cape Canaveral Space Force Station.
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893 days ago
FTSE 100 Little Changed In Lackluster Trade
U.K. stocks were little changed on Friday, giving up earlier gains after the Treasury unveiled plans to reform the financial services industry.
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893 days ago
CAC 40 Slips As Recession Worries Mount
French stocks were moving lower on Friday as fears that the U.S. economy was heading towards recession overshadowed optimism over China's economic reopening.
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893 days ago
more news
DAX Edges Higher As China Eases COVID Rules
German stocks were slightly higher on Friday as China's drastic policy shift towards relaxing many of its quarantine and testing requirements raised hopes of improved consumer demand.
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893 days ago
Asian Shares Follow Wall Street Higher With Inflation Data In Focus
Asian stocks ended broadly higher on Friday as investors braced for key U.S. inflation data due later in the day and next week's FOMC rate decision.
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893 days ago
European Economic News Preview: UK Inflation Expectations Survey Data Due
Inflation expectations survey results from the UK and payroll employment from France are the top economic data due on Friday. At 1.30 am ET, France's Insee publishes revised non-farm payroll employment data for the third quarter. At 2.00 am ET, Statistics Norway releases consumer and producer prices for November.
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893 days ago
European Shares Set To Follow Asian Peers Higher Ahead Of US Inflation Data
European stocks may open on a positive note Friday, as investors await U.S. producer price inflation data as well as the latest readings on inflation expectations for additional clues on the path of U.S. rate hikes.
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893 days ago
China Logs Mild Inflation, Factory Gate Prices Ease Steadily
China's consumer price inflation continued to ease in November and factory gate prices decreased again as strict zero-Covid strategy dragged on economic activity, depressing inflationary pressures while spiraling costs act as utmost policy constraint in major economies. Consumer prices posted an annual increase of 1.6 percent in November, after October's 2.1 percent gain.
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893 days ago
Sensex, Nifty Little Changed As IT Stocks Drag
Indian shares were little changed in early trade on Friday, as investors awaited the outcome of a slew of central bank meetings next week for additional clues on the pace of rate hikes.
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893 days ago
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