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Antipodean Currencies Rise Amid Risk-On Mood
The antipodean currencies such as the Australia and the New Zealand dollars strengthened their major currencies in the Asian session on Friday amid increased risk-on mood by the investors, as weaker than expected U.S. consumer price inflation and producer price inflation data as well as recent downbeat monthly jobs data have reinforced expectations of a U.S. Fed rate cut at next week's meeting.
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2天前
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Friday.
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2天前
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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2天前
European Shares Seen Opening Up On Fed Rate Cut Hopes
European stocks look set to open on a firm note on Friday as in-line U.S. inflation and weak labor market data bolstered bets for Federal Reserve interest-rate cuts.
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2天前
Sensex, Nifty Open Higher On Trade Deal Hopes
Indian shares opened on a positive note Friday after Sergio Gor, a close Trump aide and director of the White House Presidential Personnel Office, said that despite recent disagreements over tariffs and India's purchases of Russian oil, the U.S.-India relationship continues to be "warm and strategically important."
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2天前
European Economic News Preview: UK GDP & Foreign Trade Data Due
GDP and foreign trade from the UK and final inflation from France and Spain are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and external trade figures. The British economy is expected to stagnate in July after rising 0.4 percent in June.
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2天前
Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market moves on Friday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level, with gains across most sectors led by mining and technology stocks. Energy stocks were the only weak spot.
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2天前
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as weaker than expected U.S. consumer price inflation and producer price inflation data as well as recent downbeat monthly jobs data have reinforced expectations of a US Fed rate cut at next week's meeting. Asian markets ended mixed on Thursday.
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2天前
Sensex, Nifty Seen Up As Infosys Unveils Record Rs. 18,000 Crore Share Buyback
Indian shares look set to open higher on Friday as overnight inflation and labor market data added to recent optimism about the outlook for U.S. interest rates.
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2天前
Higher Open Called For Thai Stock Market
The Thai stock market has moved higher in five straight sessions, adding more than 35 points or 2.9 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,290-point plateau and it's expected to extend its gains on Friday.
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2天前
Indonesia Shares Tipped To Open In The Green
The Indonesia stock market has moved higher in consecutive trading days, advancing almost 120 points or 1.5 percent in that span. The Jakarta Composite Index now rests just beneath the 7,750-point plateau and it's likely to open to the upside again on Friday.
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2天前
Japanese Market Notably Higher
Extending the gains in the previous two sessions, the Japanese market is notably higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 44,600 level, with gains in automakers, financial and technology stocks.
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2天前
Hong Kong Bourse May Reverse Thursday's Losses
The Hong Kong stock market on Thursday ended the four-day winning streak in which it had climbed almost 1,250 points or 4.9 percent. The Hang Seng Index now sits just above the 26,080-point plateau although it figures to find renewed support on Friday.
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2天前
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