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Forex News
European Economic News Preview: Eurozone Final Composite PMI Data Due
Final composite Purchasing Managers' survey results from the euro area and other major Eurozone economies are due on Friday, headlining a busy day for the European economic news. At 2.45 am ET, France's statistical office INSEE is scheduled to issue industrial production for December. Economists forecast output to grow 0.2 percent on month, slower than the 2.0 percent increase in January.
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887 days ago
China Service Sector Recovers In January
China's service sector expanded for the first time in five months at the start of the year with the rollback of pandemic related restrictions, survey results from S&P Global showed on Friday. The Caixin services Purchasing Managers' Index climbed to 52.9 in January from 48.0 in December. The reading was also above economists' forecast of 51.6.The score exceeded the neutral 50.0 mark.
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887 days ago
European Shares May Drift Lower As Big Tech Earnings Disappoint
European markets may open lower on Friday, with technology stocks likely to come under selling pressure, after Apple, Amazon and Google-parent Alphabet all reported earnings that disappointed Wall Street.
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887 days ago
Sensex, Nifty Open Higher On Wall Street Cues; Financials Rally
Indian shares opened on a positive note Friday, mirroring sharp gains on Wall Street overnight amid optimism over a pause in Federal Reserve interest rate hikes.
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887 days ago
Asian Markets Mixed In Cautious Trades
Asian stock markets are trading mostly higher on Friday, following the mostly positive cues from global markets overnight, as the markets continue to benefit from a positive reaction to the US Fed's interest rate announcement, with traders expressing optimism the Fed is nearing the end of its rate hiking cycle. Asian markets ended mostly higher on Thursday.
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887 days ago
Sensex, Nifty Poised For Higher Opening In Cautious Trade
Indian shares are seen opening higher on Friday after Adani Group entities reportedly made scheduled coupon payments on outstanding U.S. dollar-denominated bonds and the Group clarified that it hasn't pledged any share of Ambuja Cements and its subsidiary ACC to finance the acquisition of the two assets.
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887 days ago
Thai Stock Market Expected To Open In The Green On Friday
The Thai stock market turned lower again on Thursday, one day after snapping the two-day slide in which it had fallen almost 10 points or 0.6 percent. The Stock Exchange of Thailand now rests just beneath the 1,685-point plateau and it's tipped to bounce higher again on Friday.
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887 days ago
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Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Friday, extending the gains in the previous two sessions, with the benchmark Nikkei 225 moving above the 27,600 level, following the mostly positive cues from global markets overnight, lifted by exporters and financial stocks as traders continue to digest the US Fed's interest rate announcement.
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887 days ago
Indonesia Stock Market May Test Resistance At 6,900 Points
The Indonesia stock market has moved higher in consecutive trading days, collecting more than 50 points or 0.8 percent along the way. The Jakarta Composite Index now rests just above the 6,890-point plateau and it's expected to find additional support on Friday.
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887 days ago
Australian Market Modestly Higher
The Australian stock market is modestly higher on Friday after opening in the red, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 7,500 level, following the mostly positive cues from global markets overnight, with gains is financial stocks partially offset by weakness in mining and energy stocks.
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887 days ago
Renewed Support Anticipated For Hong Kong Stock Market
The Hong Kong stock market turned lower again on Thursday, one day after snapping the two-day losing streak in which it had tumbled more than 840 points or 4 percent. The Hang Seng Index now sits just beneath the 21,960-point plateau although it's expected to open higher again on Friday.
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887 days ago
Australia Overall Home Loans Sink 4.3% In December
The total value of overall home loans in Australia was down a seasonally adjusted 4.3 percent on month in December, the Australian Bureau of Statistics said on Friday - coming in at A$23.44 billion.
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887 days ago
Mild Upside Seen For China Stock Market
The China stock market has moved higher in two straight sessions, collecting more than 30 points or 0.9 percent along the way. The Shanghai Composite Index now rests just above the 3,285-point plateau and it's likely to remain in that neighborhood again on Friday.
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887 days ago
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