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UK Retail Sales Fall More Than Expected
The decline in UK retail sales deepened unexpectedly in September as the rising cost of living weighed on the volume of spending, and also the holiday on account of the state funeral reduced sales. Retail sales dropped 1.4 percent month-on-month, following a revised 1.7 percent decline in August, the Office for National Statistics reported Friday.
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994 дней спустя
European Shares Seen Lower As Yields Jump To Multi-year Highs
European stocks are seen opening a tad lower on Friday as investors keep an eye on rising bond yields and weigh the risks of recession.
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994 дней спустя
Sensex, Nifty Modestly Higher; Axis Bank Shares Climb 6%
Indian shares opened a tad higher on Friday, shrugging off mixed global cues as investors weigh the impact of aggressive interest rate hikes from major central banks on growth.
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994 дней спустя
European Economics Preview: UK Public Sector Finance, Retail Sales Data Due
Public sector finances and retail sales from the UK are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK public sector borrowing and retail sales data. The budget deficit is seen widening to GBP 17.5 billion from GBP 11.8 billion in August. Retail sales are forecast to fall 0.5 percent on month in September.
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994 дней спустя
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Friday, following the broadly negative cues from Wall Street overnight, with traders remaining cautious as concerns about the outlook for interest rates continue to drive global yields higher. Meanwhile, the U.S. dollar retreated and shed a bit of ground against most of its Asian major counterparts. Asian markets ended mostly lower on Thursday.
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994 дней спустя
Sensex, Nifty Seen Flat Amid Surging Treasury Yields
Indian shares may open flat to slightly lower on Friday as investors await earnings results from heavyweight Reliance Industries, which is expected to post robust earnings growth for the July- September quarter.
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994 дней спустя
Thai Stock Market Likely To Remain Rangebound
The Thai stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had gathered almost 30 points or 2 percent. The Stock Exchange of Thailand now rests just above the 1,590-point plateau although it may head south again on Friday.
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994 дней спустя
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Japanese Market Modestly Lower
The Japanese stock market is modestly lower on Friday, extending the losses in the previous session, with the benchmark Nikkei 225 falling below the 27,000 mark, following the negative cues from Wall Street overnight, with traders cautious after domestic inflation data came in line with expectations and unchanged from last month. The yen also breached the 150 level against the dollar.
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994 дней спустя
Indonesia Stock Market Due For Consolidation
The Indonesia stock market has climbed higher in four straight sessions, gathering almost 170 points or 2.6 percent along the way. The Jakarta Composite Index now rests just above the 6,980-point plateau although it's likely to run out of steam on Thursday.
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994 дней спустя
Australian Market Significantly Lower
The Australian stock market is significantly lower on Friday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 6,700 level, following the broadly negative cues from Wall Street overnight, with weakness across most sectors, led by financial stocks, amid surging global bond yields.
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994 дней спустя
No Help Yet For Hong Kong Stock Market
The Hong Kong stock market has moved lower in two straight sessions, tumbling more than 630 points or 3.9 percent along the way. The Hang Seng Index now sits just above the 16,280-point plateau and it's expected to extend its losses on Friday.
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994 дней спустя
Losing Streak May Continue For China Stock Market
The China stock market has finished lower in three straight sessions, sinking more than 50 points or 1.6 percent along the way. The Shanghai Composite Index now sits just above the 3,035-point plateau and it may take further damage on Friday.
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994 дней спустя
Taiwan Stock Market May Take Further Damage On Friday
The Taiwan stock market has moved lower in two straight sessions, slumping more than 175 points or 1.4 percent along the way. The Taiwan Stock Exchange now rests just beneath the 12,950-point plateau and it's expected to open in the red again on Friday.
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994 дней спустя
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