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European Economic News Preview: Eurozone Flash Inflation Data Due

European Economic News Preview: Eurozone Flash Inflation Data Due

Flash inflation from the euro area and house prices from the UK are the top economic news due on Friday. At 2.00 am ET, UK Halifax house price data is due. House prices are forecast to rise 0.1 percent on month in December, slower than the 0.5 percent rise in November.
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Sensex, Nifty Open Higher Led By IT Stocks

Sensex, Nifty Open Higher Led By IT Stocks

Indian shares traded higher on Friday despite mixed cues from global markets as resilient labor market data from the U.S. dampened expectations of multiple interest rate cuts by the Federal Reserve this year.
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Asian Markets Mostly Higher In Cautious Trades

Asian Markets Mostly Higher In Cautious Trades

Asian stock markets are trading mostly higher on Friday, following the mostly positive cues from global markets overnight, as traders remain cautious amid renewed uncertainty about the outlook for interest rates following the release of the minutes of the US Fed's latest monetary policy meeting earlier in the week. They now look ahead of the closely watched monthly US jobs report for further cues.
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Japanese Market Notably Higher

Japanese Market Notably Higher

Recouping some of the losses in the previous three sessions, the Japanese stock market is notably higher on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is moving well above the 33,400 level, with gains across most sectors led by index heavyweights and financial stocks.
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Australian Market Slightly Higher

Australian Market Slightly Higher

Recouping some of the losses in the previous two sessions, the Australian stock market is slightly higher on Friday, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving a tad above the 7,500 level, with gains is gold miners and financial stocks nearly offset by losses in energy and technology stocks.
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Swiss Stock Market Extends Winnings Streak

Swiss Stock Market Extends Winnings Streak

The Swiss stock market closed to the upside again on Thursday, extending its winning streak to three sessions and gathering almost 160 points or 1.5 percent along the way.
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European Markets Close To The Upside On Thursday

European Markets Close To The Upside On Thursday

The major European markets endured a choppy trading day on Thursday, bouncing back and forth across the unchanged line before finally settling with mild gains.
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U.S. Dollar Rises After Better-than-expected ADP  Data

U.S. Dollar Rises After Better-than-expected ADP Data

The U.S. dollar bounced back against its major counterparts during the New York session on Thursday, as stronger-than-expected ADP private payrolls data for December reduced possibility of early rate cuts by the Federal Reserve.
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Avenue Therapeutics Reaches Deal With FDA For Phase 3 Safety Study For IV Tramadol

Avenue Therapeutics Reaches Deal With FDA For Phase 3 Safety Study For IV Tramadol

Specialty pharmaceutical company Avenue Therapeutics, Inc. (ATXI) announced Thursday that it has reached final agreement with the U.S. Food and Drug Administration on the Phase 3 safety study protocol and statistical analysis approach, including the primary endpoint, for intravenous (IV) tramadol
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Lamb Weston Boosts FY24 Earnings Outlook - Update

Lamb Weston Boosts FY24 Earnings Outlook - Update

While reporting financial results for the second quarter on Thursday, Lamb Weston Holdings, Inc. (LW) raised its earnings and adjusted earnings guidance for the full-year 2024, while reaffirming annual net sales outlook.
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