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European Markets Mostly Higher As Commodity Stocks Surge On China Optimism
European markets were mostly higher on Friday despite the more cautious stances from the European Central Bank and the Bank of England.
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FTSE 100 Little Changed; Commodity Stocks Surge On China Data
U.K. stocks were subdued on Friday but were on track for a weekly gain after a slew of interest rate decisions by major central banks.
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Před 583 dny
CAC 40 Edges Higher As Inflation Eases
French stocks traded higher on Friday after the release of mixed economic data.
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Před 583 dny
DAX Gains On Rate Cut Optimism
German stocks advanced on Friday after a survey showed manufacturing downturn in the country eased slightly in December.
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China Mixed Data Calls For More Stimulus
China's industrial production and retail sales strengthened notably in November but the low base of comparison made data less reliable to conclude that the recovery is as strong as the figures indicate and adds pressure for more support measures. Industrial production posted an annual growth of 6.6 percent in November following a 4.6 percent rise in October.
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Asian Shares Mostly Higher After Mixed China Data
Asian stocks advanced on Friday after China reported mixed economic data and the country's central bank boosted liquidity injection through medium-term policy loans while keeping the interest rate unchanged.
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GM To Lay Off About 1300 Staff At Michigan Plants
General Motors Co. plans to lay off more than 1,300 employees at two auto plants in Michigan with effect from January 1, according to the company filings with state regulators. The planned job cuts reportedly reflects the end of production of the vehicles produced at these facilities. As per Michigan State's Worker Adjustment and Retraining Notification, the auto major will lay off 945 workers...
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more news
Yen Falls As Asian Stock Markets Traded Higher
The Japanese yen weakened against other major currencies in the Asian session on Friday, as Asian stock markets traded higher, following the dovish comments from the U.S. Fed, signaling a series of interest rate cuts next year, continued to aid sentiment.
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European Economic News Preview: Eurozone Flash PMI Data Due
Flash Purchasing Managers survey results from the euro area and the UK 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 France's final consumer price data for November. Inflation is expected to ease to 3.4 percent, as initially estimated, from 4.0 percent in October.
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European Shares Seen Up On China Recovery Hopes
European stocks may open on a positive note Friday amid hopes that China could step up stimulus to maintain stable economic growth.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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Před 584 dny
Sensex, Nifty Rise As Metal Stocks Rally After China Data
Indian shares opened higher on Friday, tracking firm cues from global markets on expectations of a lenient monetary policy from the U.S. Federal Reserve.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as the dovish comments from the US Fed, signaling a series of interest rate cuts next year, continued to aid sentiment. Most currencies in the region also strengthened against the US dollar. Asian markets ended mixed on Thursday.
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Před 584 dny
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