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CAC 40 Extends Gains As Inflation Worries Ebb
French stocks rose on Friday to extend gains from the previous session, as signs of cooling consumer price and producer price inflation stoked expectations the U.S. Federal Reserve could soon pause its aggressive interest rate-hike cycle.
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1251 days ago
DAX Edges Higher As US Rate Fears Recede
German stocks advanced on Friday after a measure of U.S. producer prices unexpectedly fell in March, raising optimism the Federal Reserve may consider pause in interest-rate hikes.
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1251 days ago
Asian Shares Gain On Fed Pause Hopes
Asian stocks ended mostly higher on Friday, as new data showed a continued easing on upward price pressure in the United States and Singapore's central bank sprang the surprise by leaving its monetary policy unchanged for the first time since April 2021.
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1251 days ago
Monetary Authority Of Singapore Pauses Policy Tightening
Singapore's central bank kept its policy stance unchanged on Friday as policymakers assessed that the past five successive tightening was sufficient to curb imported inflation and to bring medium-term price stability. The Monetary Authority of Singapore, or MAS, decided to maintain the prevailing rate of appreciation of the S$NEER policy band.
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1251 days ago
Boeing 737 Max Production And Deliveries To Hit By Parts Issue; Stock Down
Boeing Co. has warned that production and deliveries of 737 Max, its best-selling planes, will be reduced in the near term due to issues with parts supplied by Spirit AeroSystems, reports said. The problem comes at a time when the airlines worldwide are experiencing a rebound in operations amid the peak travel season. The expected pause in production, amid an industry-wide shortage of new jets...
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1251 days ago
US Dollar Extends Slide Amid Bets On Fed Rate Hike Pause
The U.S. dollar extended its early slide against other major currencies in the Asian session on Friday, as traders' bet on the view that the Federal Reserve was nearing to pause its interest rate-hike cycle after data showed an unexpected decline in U.S. producer prices on Thursday.
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1251 days ago
European Shares May See Cautious Gains Ahead Of US Bank Earnings
European stocks look set to open higher on Friday, though the upside may remain limited as investors await more U.S. data and bank earnings for directional cues.
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1251 days ago
more news
U.S. Dollar Slides Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Friday.
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1251 days ago
European Economic News Preview: France Final Inflation Data Due
Final consumer prices from France and Spain are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for March. Prices had increased 8.9 percent annually in February. In the meantime, consumer prices are due from Sweden. Inflation is forecast to ease to 11.1 percent in March from 12.0 percent in February.
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1251 days ago
Indian Markets Closed For Public Holiday
Indian markets remain closed today on account of Ambedkar Jayanti.
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1251 days ago
Asian Shares Mostly Higher As Inflation, Rate Worries Ease
Asian stocks traded mostly higher on Friday, thanks to easing concerns over inflation and interest-rate hikes.
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1251 days ago
Indonesia Bourse Poised To Halt Slide
The Indonesia stock market has moved lower in two straight sessions, slipping more than 25 points or 0.4 percent along the way. The Jakarta Composite Index now rests just above the 6,785-point plateau although it figures to stop the bleeding on Friday.
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1251 days ago
Higher Open Called For Hong Kong Stock Market
The Hong Kong stock market rebounded again on Thursday, one session after snapping the two-day winning streak in which it had advanced more than 210 points or 1 percent. The Hang Seng Index now sits just beneath the 20,350-point plateau and it's looking at a green light again on Friday.
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1251 days ago
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