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FTSE 100 Rises On Rate Cut Hopes
(RTTNews) - U.K. stocks advanced on Friday, a day after the Bank of England opened the door to interest rate cuts, saying it is looking for "more evidence" that inflation would continue falling.
Investors looked ahead to the release of the U.S. January jobs report later in the day, with analysts expecting a modest slowdown in job growth.
The benchmark FTSE 100 was up 41 points, or half a percent, at 7,663 after closing 0.1 percent lower on Thursday.
Wizz Air Holdings shares soared more than 8 percent. The airline reported higher number of passengers flying in its aircrafts for January compared to the same period last year. Peer EasyJet rallied 3.5 percent.
Banks traded higher, with Barclays climbing nearly 3 percent.
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Singapore Stock Market May Extend Wednesday's Gains
The Singapore stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,245-point plateau and it may pick up steam on Thursday.
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21 minutos atrás
Malaysia Bourse May Add To Its Winnings On Thursday
The Malaysia stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's expected to open in the green again on Thursday.
RTTNews
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51 minutos atrás
Higher Open Called For Japan Stock Market
The Japan stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just above the 42,520-point plateau and it's expected to open to the upside again on Thursday.
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1 h 6 min atrás
KOSPI May Reclaim 3,200-Point Level
The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
RTTNews
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1 h 21 min atrás
Korea Interest Rate Decision Due On Thursday
The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
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2 h 21 min atrás
Swiss Franc Advances Against Majors
The Swiss franc climbed against its major counterparts in the New York session on Wednesday.
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3 h 49 min atrás
European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Wednesday as investors largely stayed cautious, looking ahead to chipmaker Nvidia's quarterly earnings announcement, and continuing to assess the political situation in France.
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7 h 27 min atrás
Euro Falls Amid Political Uncertainty
The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
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11 h 42 min atrás
