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European Markets Fall Again As War Concerns, Rate Hike Fears Weigh
After a fairly good start Friday morning, the major European markets turned weak and ended the day's session with notable losses as oil's climb and concerns that major central banks will soon hike interest rates rendered the mood bearish.
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175 days ago
TSX Down As Materials Stocks Tumble Again, Looks Set For Another Weekly Loss
The Canadian market is notably lower around noon on Friday, pushed down by sharp losses in materials, technology and consumer durables sectors.
Amid concerns about escalating tensions in the Middle East and prospects of monetary tightening by major central banks, the mood in the market is bearish once again, and the market looks on well on course to record its third straight weekly loss.
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175 days ago
Canadian Market Likely To Swing Between Gains And Losses
Canadian stocks are likely to see some volatility on Friday, tracking oil's wild swings amid escalating tensions in the Middle East. The mood is likely to remain cautious amid concerns several central banks might consider hiking interest rates sooner than later.
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175 days ago
FTSE 100 Modestly Higher After Paring Early Gains
UK stocks retreated after a positive start on Friday as oil prices pared early losses, triggering inflation concerns and possible interest rate hikes by major central banks in the foreseeable future.
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175 days ago
Russia Central Bank Cuts Rate By 50 Bps
Russia's central bank cuts its interest rate for the second straight time this year despite rise in oil prices amid conflict in the Middle East. The Board of Directors of the Bank of Russia decided to cut its interest rate by 50 basis points to 15.00 percent. The outcome of the meeting came in line with expectations. The bank had previously reduced the rate by 50 basis points in February.
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175 days ago
CAC 40 Pares Early Gains In Cautious Trade
France's equity benchmark CAC 40 slipped into negative territory around late morning on Friday, failing to hold early gains, as oil pared early losses and moved higher, forcing investors to refrain from picking up stocks at higher levels.
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175 days ago
Yen Falls Amid Risk-on Mood
The Japanese yen weakened against other major currencies in the European session on Friday, as European stocks traded higher as oil prices moderated in response to the efforts by the U.S. and Israel to ease concerns about ongoing fuel supply issues.
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175 days ago
more news
DAX Retreats After Firm Start As Growth Concerns Weigh
After a fairly sharp upmove earlier in the session, German market's equity index DAX fell into negative territory on Friday with stocks lacking support at higher levels due to concerns about the near to medium term impact of the ongoing conflict in West Asia.
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175 days ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Friday.
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175 days ago
Indian Shares Rebound As Oil Prices Stabilize
Indian shares rebounded on Friday after witnessing one of their sharpest intraday declines in recent sessions the previous day amid broad-based selling across sectors.
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175 days ago
NZ Dollar Rises On Narrower-than-expected Trade Deficit
The New Zealand dollar strengthened against other major currencies in the European session on Friday, due to a smaller-than-expected New Zealand trade deficit.
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175 days ago
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the European session on Friday.
RTTNews
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175 days ago
European Shares Rebound As Oil Supply Concerns Ease
European stocks traded higher on Friday as oil prices moderated in response to the efforts by the U.S. and Israel to ease concerns about ongoing fuel supply issues.
RTTNews
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176 days ago
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