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Forex News
Asian Shares Mixed As China's COVID Cases Hit Record
Asian stocks slipped on Friday but posted weekly gains on optimism over a less hawkish Fed. A cautious undertone prevailed amid concerns over record-high domestic daily COVID-19 cases in China.
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965 days ago
German GDP Growth Accelerates More Than Estimated
Germany's economy expanded more than initially estimated in the third quarter, despite weaker global growth, delivery bottlenecks and rising inflation, official data showed on Friday. Gross domestic product grew 0.4 percent sequentially in the third quarter, faster than the 0.1 percent rise in the second quarter. The rate was revised up from 0.3 percent estimated on October 28.
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965 days ago
European Shares To Open On Cautious Note Amid China COVID Surge
European stocks may open on a cautious note Friday as investors weigh easing rate hike worries against a worsening COVID situation in China.
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965 days ago
European Economics Preview: Germany GDP, Gfk Consumer Confidence Due
Quarterly national accounts and consumer sentiment survey results from Germany are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Germany's statistical office Destatis is slated to issue detailed GDP data for the third quarter. According to preliminary estimate, the economy had expanded 0.3 percent sequentially.
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965 days ago
Sensex, Nifty Marginally Lower In Early Trade
Indian shares were subdued on Friday after recent string of gains.
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965 days ago
Asian Markets Mostly Lower
Asian stock markets are trading mostly lower on Friday, despite the broadly positive cues from European markets overnight, as traders largely refrained from making significant moves amid a lack of fresh triggers with the U.S. market remaining closed for Thanksgiving Day. Traders are also concerned about the surge in COVID cases in China weighing on global growth.
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965 days ago
Sensex, Nifty Seen Tad Lower After Recent Gains
Indian shares may open slightly lower on Friday after three days of consecutive gains.
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965 days ago
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Japanese Market Slightly Lower
The Japanese stock market is slightly lower in choppy trading on Friday, giving up some of the gains in the previous two sessions, with the benchmark Nikkei 225 staying above the 28,300 level, despite the broadly positive cues from European markets overnight, as traders reacted to data showing core consumer prices in Tokyo surged to a 40-year high in November.
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965 days ago
Australian Market Modestly Higher
The Australian stock market is modestly higher on Friday, extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 staying below the 7,300 level, following the broadly positive cues from European markets overnight, as traders remain optimistic the US Fed will scale down the pace of its interest rate increases. Technology and financial stocks are leading the gains.
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965 days ago
TSX Ends Higher Again
The Canadian market ended modestly higher on Thursday after a highly lackluster session as investors largely refrained from making significant moves amid a lack of fresh triggers.
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965 days ago
Swiss Market Ends On Firm Note
The Switzerland stock market ended on a firm note on Thursday, in line with the trend seen across Europe, amid rising hopes the Federal Reserve will slow down the pace of its interest rate hikes from as early as next month.
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965 days ago
European Stocks Close Higher On Hopes Fed Would Slow Down Pace Of Rate Hikes
European stocks closed higher on Thursday with several key indices from the region rising to multi-month highs, thanks to positive reaction to the Federal Reserve's minutes which have raised hopes the central bank will likely slow its pace of interest rate hikes from next month.
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965 days ago
Canadian Market Modestly Higher At Noon
The Canadian market is modestly higher around noon on Thursday, lifted by gains in technology and select industrials and materials stocks.
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965 days ago
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