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German GfK Consumer Confidence Set To Fall
German consumer confidence is set to drop at the start of the year 2026 as rising inflation fears weigh on income expectations and purchase decisions, monthly survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Friday. The forward-looking consumer confidence index fell to -26.9 in January from revised -23.4 in December.
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269 days ago
Asian Shares Climb On Fed Rate Cut Expectations
Asian stocks advanced on Friday as concerns over artificial intelligence spending and valuations eased, and signs of cooling U.S. inflation bolstered expectations of looser U.S. monetary policy next year.
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269 days ago
European Economic News Preview: UK Retail Sales & Public Sector Finance Data Due
Retail sales and public sector finance from the UK and consumer sentiment from Germany will be in the spotlight on Friday. At 2.00 am ET, the Office for National Statistics releases UK retail sales and public sector finance data. Sales are forecast to grow 0.3 percent on a monthly basis in November, in contrast to the 1.1 percent drop in October.
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269 days ago
ByteDance Signs Deal For TikTok's New US JV To Avoid Ban
With a view to avoiding a U.S. government ban for TikTok, its Chinese owner ByteDance Ltd. signed binding agreements, backed by President Donald Trump, with three managing investors to form a joint venture to operate the U.S. operations of the video-sharing app, media reported citing a memo. With the deal, the social video platform, which is used regularly by more than 170 million Americans...
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269 days ago
European Shares Seen Lower At Open
European stocks may drift lower at open on Friday as investors navigate geopolitical tensions and react to the Bank of Japan's decision to raise interest rates to the highest in 30 years.
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269 days ago
Indian Shares Open Higher On Softer US Inflation Data
Indian shares were moving higher on Friday after four consecutive sessions of losses.
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269 days ago
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market moves on Friday, extending the slight gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains in technology and financial stocks partially offset by weakness in gold miner stocks.
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269 days ago
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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, on renewed confidence the US Fed will continue to cut interest rates next year after the release of unexpectedly tamer-than-expected U.S. inflation data. Asian markets ended mostly lower on Thursday.
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269 days ago
Indian Shares Set To Open Higher On Firm Global Cues
Indian shares are seen opening higher on Friday, tracking firm cues from global markets as tech jitters eased and soft U.S. inflation data boosted hopes for Federal Reserve rate cuts.
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269 days ago
Higher Open Called For Thai Stock Market
The Thai stock market has moved three straight sessions, slipping more than 20 points or 1.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it's due for support on Friday.
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269 days ago
Canadian Dollar Rises Against U.S. Dollar
The Canadian dollar advanced against the U.S. dollar in the New York session on Thursday.
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269 days ago
Hong Kong Stock Market Poised To Open To The Upside On Friday
The Hong Kong stock market has moved higher in consecutive trading days, collecting more than 260 points or 1 percent in that span. The Hang Seng Index now sits just beneath the 25,500-point plateau and it's tipped to open in the green again on Friday.
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269 days ago
Japanese Market Significantly Higher
Reversing the losses in the previous session, the Japanese market is trading significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 49,400 level, with gains in automakers, financial and technology stocks.
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269 days ago
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