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CAC 40 Pares Early Losses, Up Marginally
French stocks are a bit subdued in cautious trade on Friday amid a few disappointing earnings updates, and some uncertainty about U.S.-EU trade deal ahead of the August 1 deadline.
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Pound Falls As U.K. Retail Sales Rise Less-than-expected
The British pound weakened against most major currencies in the European session on Friday, as U.K. retail Sales grew at a slower-than-expected pace in June.
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Pound Falls Against Majors
The British pound weakened against most major currencies in the European session on Friday.
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DAX Drifts Lower As Investors Await Progress On Trade Front
German stocks are notably lower on Friday as investors react to a slew of corporate earnings announcements, and closely follow the developments on the trade front.
European Union officials are voicing optimism about a possible trade deal with the United States, but U.S. President Donald Trump's position is seen to have hardened ahead of the August 1 deadline.
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Yen Falls As Tokyo CPI Inflation Slows
The safe-haven Japanese yen weakened against other major currencies in the Asian session on Friday, as data showed Tokyo CPI inflation eased more than expected in July, complicating the Bank of Japan's interest-rate hike prospects.
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Sensex, Nifty Tumble On US Trade Deal Uncertainty
Indian shares fell sharply on Friday, with uncertainty around U.S. trade deal, signs of slowing earnings growth and continued selling by foreign investors weighing on markets.
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German Business Sentiment Strongest In More Than A Year
German business confidence improved to the highest level in more than a year in July despite heightening trade tensions, survey results from the Munich-based ifo Institute showed on Friday. The business climate index registered 88.6 in July, up from 88.4 in the previous month. The reading was below forecast of 89.0 but the highest since May 2024.
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more news
European Shares Subdued With Trade Talks In Focus
European stocks were subdued on Friday as investors waited for the latest updates on EU-U.S. trade talks ahead of the August 1 deadline.
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Asian Shares Mostly Lower As US Tariff Deadline Nears
Asian stocks ended mostly lower on Friday ahead of a key week featuring U.S. tariff decisions, big tech earnings and central bank meetings.
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Commodity Currencies Slide As Traders Remain Cautious
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major counterparts in the Asian session on Friday, as traders are cautious and optimistic that the U.S. will sign up more deals with its remaining trading partners before President Donald Trump's Aug. 1 deadline. The UK, China, Vietnam, and Indonesia have already struck deals, while Canada, India, South Korea, and the EU are ramping up their efforts.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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Canadian Dollar Slides Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Friday.
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NZ Dollar Slides Against Most Majors
The New Zealand weakened against most major currencies in the Asian session on Friday.
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