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Antipodean Currencies Advance As Asian Shares Traded Higher, Yen Slides

Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as Asian stock markets traded higher amid China's Golden week holiday. Traders are indulging in bargain hunting as they picked up stocks at reduced levels following recent weakness even as concerns remain about interest rates and the outlook for global economic growth.
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European Economic News Preview: Eurozone Inflation Data Due

European Economic News Preview: Eurozone Inflation Data Due

Flash inflation from the euro area and unemployment from Germany are the top economic data due on Friday, headlining a hectic day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue revised UK GDP data for the second quarter. The statistical office is set to confirm 0.2 percent sequential growth.
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European Shares To Open On Steady Note With Inflation Data In Focus

European Shares To Open On Steady Note With Inflation Data In Focus

European stocks are likely to open higher on Friday as Treasury yields stalled and the dollar came off 10-month highs, giving comfort to investors who were concerned about inflation and a potential U.S. government shutdown.
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Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.
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NZ Dollar Advances Against Majors

NZ Dollar Advances Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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Asian Markets Track Global Markets Higher

Asian Markets Track Global Markets Higher

Mirroring the broadly positive cues from global markets overnight, Asian stock markets are mostly higher in thin trades on Friday amid China's Golden week holiday. Traders are indulging in bargain hunting as they picked up stocks at reduced levels following recent weakness even as concerns remain about interest rates and the outlook for global economic growth.
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Sensex, Nifty May Rise As Yields Ease

Sensex, Nifty May Rise As Yields Ease

Indian shares may open higher on Friday, though IT stocks may trade weak after Accenture forecast first-quarter revenue below Wall Street targets.
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Japanese Market Modestly Lower

Japanese Market Modestly Lower

Adding to the losses in the previous session, the Japanese stock market is modestly lower on Friday, despite the broadly positive cues from global markets overnight. The benchmark Nikkei 225 is staying above the 31,800 level, as traders reacted to some mixed domestic data, with weakness in exporters and financial stocks, partially offset by gains in technology stocks.
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Australian Market Modestly Higher

Australian Market Modestly Higher

Snapping the four-session losing streak, the Australian stock market is modestly higher on Friday, following the broadly positive cues from global markets overnight. The benchmark S&P/ASX 200 is staying above the 7,000 mark, with gains in miners and technology stocks, partially offset by losses in energy stocks.
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Thai Stock Market May Test Resistance At 1,500 Points

Thai Stock Market May Test Resistance At 1,500 Points

The Thai stock market turned lower again on Thursday, one day after halting the two-day slide in which it had slumped almost 30 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,480-point plateau, although it's likely to move back to the upside again on Friday.
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Indonesia Stock Market Tipped To Open In The Green

Indonesia Stock Market Tipped To Open In The Green

The Indonesia stock market on Thursday wrote a finish to the two-day losing streak in which it had stumbled more than 90 points or 1.3 percent. The Jakarta Composite Index now rests just shy of the 6,940-point plateau and it may extend its gains on Friday.
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