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NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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European Shares May See Cautious Gains At Open Before Key Inflation Data
European stocks may see modest gains at open on Friday amid signs that the U.S. economy remains stronger than feared.
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Sensex, Nifty Climb On US Growth Optimism
Indian shares opened on a strong note Friday, as encouraging U.S. economic data and positive results from the Federal Reserve's annul stress tests of banks outweighed concerns over further policy tightening by major central banks.
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Asian Markets Mostly Higher
Asian stock markets are mostly higher on Friday, following the mixed cues from global markets overnight, as traders react to the results of the US Fed's annual bank stress test that showed large banks are well positioned to weather a severe recession and continue to lend to households and businesses even during a severe recession. Asian markets ended mixed on Thursday.
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Sensex, Nifty Seen Slightly Higher On US Economic Optimism
Indian shares may open a tad higher on Friday as trading resumes after a holiday the previous day for Bakri Id celebration across the nation.
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Japanese Market Notably Lower
The Japanese stock market is notably lower on Friday, giving up some of the gains in the previous two sessions, with the benchmark Nikkei 225 falling below the 33,100 level, following the mixed cues from global markets overnight, with weakness across most sectors, led by financial and technology stocks.
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Australian Market Notably Lower
The Australian stock market is notably lower on Friday, extending the losses in the previous session, with the benchmark S&P/ASX 200 staying below the 7,200 level, following the mixed cues from global markets overnight, with weakness across most sectors, led by technology stocks. Traders also remain cautious amid the heightened economic uncertainties in China, Australia's largest trading partner.
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TSX Ends Higher Again
The Canadian market ended higher on Thursday, gaining for the fourth consecutive session, led by gains in healthcare, energy and consumer discretionary sectors.
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Dollar Stays Firm Against Major Rivals On Strong Data
The U.S. dollar climbed higher on Thursday, extending gains from the previous session, as strong economic data and comments from Federal Reserve Chair Jerome Powell raised rate hike prospects.
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Canadian Market Modestly Higher, Looks Set For Another Positive Close
The Canadian market is modestly higher Thursday afternoon, and looks headed to close higher for the fourth consecutive day.
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Swiss Market Ends Slightly Lower After Choppy Session
The Switzerland market ended marginally down on Thursday after a choppy session, as investors largely stayed reluctant to make significant moves amid concerns about rising interest rates and economic growth.
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European Stocks Close Mixed As Investors Weigh Data, Rate Hike Prospects
European stocks ended mixed on Thursday with investors assessing the latest batch of economic data from Europe and the U.S., and weighing the prospects of further policy tightening by major central banks.
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