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Asian Shares Mixed On China Growth Concerns
Asian stocks ended mixed on Friday, as hopes that lawmakers in Washington will avert a first-ever U.S. default offset worries about China's uneven economic recovery.
U.S. President Joe Biden and House of Representatives Speaker Kevin McCarthy hope to finalize a deal on the debt ceiling after Biden returns from the Group of Seven meeting in Japan on Sunday.
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822 ngày trước
Australian Dollar Rises As Asian Stock Markets Traded Higher
The Australian dollar strengthened against other major currencies in the Asian session on Friday, as Asian stock markets traded higher on Friday, following the broadly positive cues from global markets overnight amid optimism lawmakers will eventually reach an agreement on raising the U.S. debt ceiling to avoid a default. However, worries about inflation and the outlook for interest rates weighed on sentiment.
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822 ngày trước
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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822 ngày trước
European Economic News Preview: Germany PPI Data Due
Producer price data from Germany is the only major statistical report due on Friday, headlining a very light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's producer prices for April. Producer price inflation is seen easing to 4.0 percent from 7.5 percent in March.
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822 ngày trước
European Shares To Open On Steady Note Ahead Of Fed Powell's Speech
European stocks are seen opening on a steady note Friday amid hopes that the United States could soon reach debt ceiling deal to avoid a default.
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822 ngày trước
Sensex, Nifty Little Changed As Yields Climb; Tech Shares Rally
Indian shares struggled for direction on Friday, with a firmer dollar and higher Treasury yields keeping investors nervous.
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822 ngày trước
Asian Markets Track Global Markets Higher
Asian stock markets are mostly higher on Friday, following the broadly positive cues from global markets overnight amid optimism lawmakers will eventually reach an agreement on raising the U.S. debt ceiling to avoid a default. However, worries about inflation and the outlook for interest rates weighed on sentiment. Asian markets ended mostly higher on Thursday.
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822 ngày trước
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Sensex, Nifty Seen Flat To Higher At Open
Indian shares are likely to open on a flat note Friday despite positive global cues.
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823 ngày trước
Japanese Market Significantly Higher At 33-year Highs
The Japanese stock market is significantly higher on Friday, extending the gains in the previous six sessions, with the benchmark Nikkei 225 moving above the 30,800 level to near 33-year highs, following the broadly positive cues from global markets overnight, boosted by gains in index heavyweight stocks.
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823 ngày trước
Indonesia Shares Due For Support On Friday
Ahead of Thursday's market holiday for Ascension Day, the Indonesia stock market had moved lower in two straight sessions, sinking almost 50 points or 0.8 percent along the way. The Jakarta Composite Index now rests just below the 6,665-point plateau although it figures to stop the bleeding on Friday.
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823 ngày trước
Australian Market Notably Higher
The Australian stock market is notably higher on Friday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying just below the 7,300 level, following the broadly positive cues from global markets overnight, boosted by gains in technology and financial stocks.
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823 ngày trước
Hong Kong Bourse Inherits Solid Lead For Friday
The Hong Kong stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had jumped more than 350 points or 1.7 percent. The Hang Seng Index now sits just above the 19,725-point plateau and it's called to open higher again on Friday.
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823 ngày trước
Higher Open Anticipated For China Stock Market
The China stock market on Thursday wrote a finish to the two-day slide in which it had fallen more than 25 points or 0.8 percent. The Shanghai Composite Index now sits just beneath the 3,300-point plateau and it's tipped to extend its gains on Friday.
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823 ngày trước
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