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U.S. Dollar Appreciates On Fed Tightening Bets
The U.S. dollar was higher in the European session on Friday, as expectations of steep interest rate hikes by the U.S. Federal Reserve lifted treasury yields.
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947天前
Sensex, Nifty Finish Marginally Higher As Banks Climb
Indian shares gave up early gains to end on a flat note Friday as strong earnings updates, including from Axis Bank, were offset by weak global cues.
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947天前
European Shares Tumble As Bond Yields Rise Again
European stocks tumbled on Friday amid worries about persistent inflation and the Federal Reserve's aggressive rate-hike cycle.
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947天前
FTSE 100 Declines As Political Turmoil Continues
U.K. stocks were moving lower on Friday and the sterling fell amid the ongoing political turmoil following the resignation of Prime Minister Liz Truss after just 45 days in office.
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947天前
CAC 40 Slips On Recession Worries
French stocks fell sharply on Friday as concerns over inflation and recession overshadowed a slew of positive earnings updates.
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947天前
Pound Declines Amid Weak U.K. Retail Sales Data, Political Crisis
The pound dropped against its major counterparts in the European session on Friday, as the nation's retail sales fell more than expected in September and the resignation of Prime Minister Liz Truss triggered political instability.
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947天前
DAX Tumbles On Inflation, Growth Worries
German stocks fell sharply on Friday and bond yields extended their climb, as worries about inflation and interest-rate rises gripped markets.
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947天前
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Asian Shares Mostly Lower On Recession Fears
Asian stocks ended broadly lower on Friday and the dollar rose with Treasury yields as hawkish signals from Federal Reserve officials ramped up fears of a U.S. recession.
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947天前
UK Budget Logs Second Biggest September Deficit
The UK budget deficit reached its second highest September level since the monthly records began in 1993, the Office for National Statistics said Friday. Excluding public sector banks, public sector net borrowing was GBP 20.0 billion in September, which was GBP 2.2 billion more than in September 2021. The current borrowing was GBP 5.2 billion more than the OBR forecast.
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947天前
UK Retail Sales Fall More Than Expected
The decline in UK retail sales deepened unexpectedly in September as the rising cost of living weighed on the volume of spending, and also the holiday on account of the state funeral reduced sales. Retail sales dropped 1.4 percent month-on-month, following a revised 1.7 percent decline in August, the Office for National Statistics reported Friday.
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948天前
European Shares Seen Lower As Yields Jump To Multi-year Highs
European stocks are seen opening a tad lower on Friday as investors keep an eye on rising bond yields and weigh the risks of recession.
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948天前
Sensex, Nifty Modestly Higher; Axis Bank Shares Climb 6%
Indian shares opened a tad higher on Friday, shrugging off mixed global cues as investors weigh the impact of aggressive interest rate hikes from major central banks on growth.
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948天前
European Economics Preview: UK Public Sector Finance, Retail Sales Data Due
Public sector finances and retail sales from the UK are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK public sector borrowing and retail sales data. The budget deficit is seen widening to GBP 17.5 billion from GBP 11.8 billion in August. Retail sales are forecast to fall 0.5 percent on month in September.
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948天前
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