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FTSE 100 Moves Higher; Miners Up Sharply
U.K. stock market's benchmark index FTSE 100 moved marginally up on Friday, supported by strong gains in the mining sector thanks to firm precious metals prices. Data showing improvement in consumer confidence and services sector activity contributed as well to market's rise.
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19 days ago
CAC 40 Edges Higher On Positive Economic Data
After eight successive days of losses, the French market edged up a bit on Friday, lifted by a report showing an improvement in business confidence, and preliminary data showing a jump in manufacturing activity in the country.
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19 days ago
Indian Shares End Flat Amid Turmoil In US Bond Markets
Indian shares fluctuated before ending little changed on Friday as investors saw the U.S. Treasury's bond buyback move as a temporary fix rather than a structural solution to rising yields.
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19 days ago
Manufacturing Boost Lifts German Stocks Off 4-Day Lows
The DAX rose 18.95 points to 26,030.50 Friday amid selective buying interest despite Middle East tensions. Germany's manufacturing sector expanded for the seventh consecutive month in August.
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19 days ago
Gold Hits Three-month High On Softer Dollar Following Surprise Treasury Move
Gold prices rose sharply on Friday and were on track for a third consecutive weekly gain, supported by a weakening dollar and expectations of controlled longer-term Treasury yields.
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19 days ago
Oil Headed For Second Weekly Rise On Supply Concerns
Oil prices edged lower on Friday but held near one-month highs amid the continuing standoff between Washington and Teran over control of the Strait of Hormuz.
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19 days ago
European Shares Edge Higher As Mining Stocks Surge On Softer Dollar
European stocks edged up slightly on Friday but were on course for a weekly loss due to concerns over elevated oil prices and bond market volatility.
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19 days ago
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Asian Shares Mixed Amid Bond Market Pressure
Asian stocks ended mixed on Friday as oil prices remained elevated and the U.S. Treasury Department's announcement to manage pressure in the bond market failed to quell lingering concerns about inflation and rising government debt.
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19 days ago
Japan Inflation Accelerates; Private Sector Growth Improves
Japan's headline inflation accelerated to a seven-month high in July on rising food and energy prices, strengthening the expectations for a September interest rate hike by the Bank of Japan. Japan's private sector expanded at the fastest pace in six months in August driven by a steeper increase in new orders, survey data from S&P Global showed Friday.
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19 days ago
European Shares Poised For Soft Start As US Bond Market Jitters Persist
European stocks are seen opening flat to slightly lower on Friday as doubts persist over rescue efforts to address liquidity issues in the U.S. government bond market.
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19 days ago
Indian Shares Marginally Higher In Lackluster Trade
Indian shares struggled for direction in early trade on Friday as long-term U.S. Treasury yields resumed their climb and oil prices remained elevated near one-month highs amid the continuing standoff between Washington and Teran over control of the Strait of Hormuz.
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19 days ago
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market moves on Friday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 9,100 level, with weakness in financial and technology stocks partially offset by gains in gold miners and energy stocks.
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20 days ago
Asian Markets Trade Mostly Higher
Asian markets are mostly higher on Friday, despite the negative cues from Wall Street overnight, with few other markets trading relatively flat amid uncertainty over the reopening of the Strait of Hormuz and the Middle East tensions. Crude oil prices remained elevated following remarks from US Treasury Secretary Scott Bessent that Washington will impose "the toughest sanctions in history" on Iran.
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20 days ago
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