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FTSE 100 Little Changed On Mixed Earnings
U.K. stocks were little changed on Friday but were on course for their best week since March on hopes that the Federal Reserve is nearing the end of its tightening campaign.
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CAC 40 Edges Higher As Investors Await US Bank Earnings
French stocks rose on Friday to extend gains from the previous session as U.S. inflation and interest-rate worries receded and investors pinned hopes of more Chinese stimulus to revive stalling growth in the world's second largest economy.
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DAX Slightly Lower After Recent Gains
German stocks were a tad lower on Friday after recent string of gains on easing worries about inflation and interest-rate hikes.
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Asian Shares Advance Amid Easing Inflation Worries
Asian stocks advanced on Friday, with optimism about receding inflation in the U.S. and China stimulus hopes aiding sentiment.
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Singapore Economy Skirts Recession In Q2
The Singapore economy avoided a recession in the second quarter underpinned by services activity, the advance estimates from the Ministry of Trade and Industry showed on Friday. Gross domestic product posted a quarterly growth of 0.3 percent, in contrast to the 0.4 percent decrease in the first quarter. The rate came in line with expectations.
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U.S. Dollar Extends Fall On Fed Bets
The U.S. dollar extended its early weakness against other major currencies in the Asian session on Friday following the release of the U.S. producer inflation data showing the smallest annual increase in prices in nearly three years, adding to bets that the Fed could soon end its monetary tightening campaign.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Friday.
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European Economic News Preview: Eurozone Foreign Trade Data Due
Foreign trade 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, Destatis is scheduled to issue Germany's wholesale prices for June. Economists forecast wholesale prices to drop 1.2 percent annually after a 2.6 percent decrease in May.
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European Shares May See Cautious Start As Focus Shifts To Earnings
European stocks are seen opening a tad lower on Friday, though underlying sentiment may remain supported somewhat on bets that the U.S. monetary tightening cycle is nearing an end.
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Sensex, Nifty Open Higher On Fed Bets
Indian shares opened a tad higher on Friday, tracking firm global cues after producer inflation data showed the smallest annual increase in prices in nearly three years, adding to bets the Fed could soon end its monetary tightening campaign.
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Asian Markets A Sea Of Green
Asian stock markets are mostly higher on Friday, following the broadly positive cues from global markets overnight, as data showing cooler than expected U.S. consumer price and producer price inflation have raised hopes the US Fed's tightening cycle will end soon. The strengthening of most Asian currencies against the US dollar also contributed to the positive mood in the market.
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Sensex, Nifty Poised For Flat Start Despite Firm Global Cues
Indian shares may open on a firm note Friday after new U.S. data helped further ease concerns about the outlook for interest rates.
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Japanese Market Slightly Higher
The Japanese stock market is slightly higher in choppy trading on Friday, extending the gains in the previous session, with the benchmark Nikkei 225 staying above the 32,400 level, following the broadly positive cues from global markets overnight, with strong gains in technology stocks partially offset by weakness in exporters and financial stocks.
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