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Forex News
European Shares Muted Ahead Of US Inflation Data
European stocks edged lower on Friday as investors monitored developments around the Red Sea and awaited the release of U.S. core personal consumption price index - the Fed's preferred inflation metric- later in the day for directional cues.
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620 days ago
Asian Shares End On Muted Note Ahead Of US Inflation Data
Asian stocks ended on a muted note Friday as investors awaited the release of Fed's preferred inflation gauge later in the day that could offer signal into when U.S. rate cuts can be expected in 2024.
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620 days ago
Pound Rises On Strong UK Retail Sales Data
The British pound strengthened against other major currencies in the pre-European session on Friday, after data showed that the nation's retail sales rose more-than-expected in November.
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620 days ago
UK Car Production Logs Best November Since 2020 - SMMT
UK car manufacturing grew in double-digits in November to record the best outcome for the month in three years as supply chain constraints eased, survey data from the Society of Motor Manufacturers and Traders, or SMMT, showed Friday. Car production grew 14.8 percent year-on-year after a 31.6 percent increase in October.
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620 days ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the pre-European session on Friday.
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620 days ago
European Economic News Preview: UK GDP Data Due
Quarterly national accounts, retail sales and current account figures are due from the UK, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK GDP, retail sales and balance of payment data. The economy is forecast to remain flat sequentially in the third quarter after rising 0.2 percent in the second quarter.
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620 days ago
Japan Core Inflation Softens In November
Japan's core inflation softened in November on renewed fall in energy prices, official data revealed Friday. Consumer prices excluding fresh food rose 2.5 percent year-on-year in November, slower than the 2.9 percent rise in October, the Ministry of Internal Affairs and Communications said.
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620 days ago
more news
Chinese Yuan Falls To 9-day Low Against U.S. Dollar
The Chinese yuan weakened against the U.S. dollar in the Asian session on Friday.
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620 days ago
European Shares Seen Tad Lower As Investors Await US Inflation Data
European stocks are likely to drift lower at open on Friday as investors await the last key U.S. inflation reading before Christmas.
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620 days ago
Sensex, Nifty See Modest Gains On Solid US Data
Indian shares opened on a positive note Friday as positive U.S. GDP and PCE data helped ease concerns around inflation and interest rates.
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620 days ago
Asian Markets Track Wall Street Higher
Following the broadly positive cues from Wall Street overnight, Asian stock markets are trading mostly higher on Friday, as traders reacted to the prospects of a rate cut by the US Fed early next year after some US data showing a drop in economic growth and an uptick in jobless claims. Asian markets ended mostly lower on Thursday.
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620 days ago
Sensex, Nifty May See Modest Gains At Open
Indian shares may see modest gains at open on Friday as new economic data from the U.S. fueled hopes that the U.S. central bank will cut interest rates in the coming months.
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620 days ago
Japanese Market Modestly Higher
Recouping some of the losses in the previous session, the Japanese stock market is trading modestly higher on Friday, following the broadly positive cues from Wall Street overnight. The benchmark Nikkei 225 is moving above the 33,200 level, as traders reacted to domestic data that showed inflation in Japan continued to ease in November.
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620 days ago
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