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CAC 40 Climbs After ECB's Dovish Rate Hike
French stocks advanced on Friday after the European Central Bank signalled that Thursday's rate hike could be the last hike in the current cycle. Improved retail sales and industrial production data from China also boosted sentiment.
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Pred 695 dňami
DAX Rallies On China Optimism
German stocks rallied on Friday after China reported improved economic data and the People's Bank of China said that it was cutting the amount of cash that banks need to have on hand by 25 basis points. It was the second reserve requirement ratio cut this year since one in March.
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Pred 695 dňami
Asian Shares Rise On China Data, Stimulus
Asian stocks advanced on Friday as investors cheered strong economic data from the U.S. and China as well as signs that the world's biggest central banks may soon end their tightening campaigns.
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Pred 695 dňami
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Friday.
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Pred 695 dňami
UAW Strike Begins At Big Three As Deadline Ends
United Auto Workers or UAW members have started their Stand Up Strike at three key plants of Detroit's Big Three as the deadline passed for automakers to reach deals with the workers. Just after midnight Friday, the union said in a post on X, "The UAW Stand Up Strike begins at all three of the Big Three," that is, Ford, General Motors, and Chrysler.
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Pred 695 dňami
Commodity Currencies Rise On Upbeat China Data
Commodity currencies such as the Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Friday, after China reported industrial production and retail sales figures for August that topped forecasts.
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Pred 695 dňami
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Friday.
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Pred 695 dňami
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Friday.
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Pred 695 dňami
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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Pred 695 dňami
European Economic News Preview: Eurozone Foreign Trade Data Due
Foreign trade data from the euro area is the top economic news due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway releases external trade data for August. At 2.45 am ET, final consumer price inflation figures are due from France. The initial estimate showed that consumer price inflation rose to 4.8 percent in August from 4.3 percent in July.
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Pred 695 dňami
European Shares Seen Opening Up On China Data
European stocks are likely to open higher on Friday after China reported industrial production and retail sales figures for August that topped forecasts.
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Pred 695 dňami
Sensex, Nifty Open Higher On Strong US, China Data
Indian shares opened higher on Friday after the release of positive U.S. and Chinese economic data, more stimulus measures from China and signs the European Central Bank is done raising interest rates.
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Pred 695 dňami
Sensex, Nifty Set To Follow Global Peers Higher
Indian shares look set to open higher on Friday as strong U.S. data released overnight helped ease recession worries and China once again eased its monetary policy, this time by cutting is reserve requirement ratio for banks by 0.25 percent to boost its shuttering economy.
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Pred 695 dňami
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