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DAX Roughly Flat In Cautious Trade

German stocks are up marginally in cautious trade Friday morning as investors await U.S. non-farm payroll for some clarity about the outlook on Federal Reserve's possible moves with regard to interest rates. The mood is quite subdued amid a lack of fresh economic and corporate news, and due to the yields on Germany's long-term 10-year bond hitting muti-month highs.
RTTNews | 629 hari yang lalu
European Shares Mixed Ahead Of US Jobs Data

European Shares Mixed Ahead Of US Jobs Data

European stocks struggled for direction on Friday as bond yields remained elevated ahead of the all-important U.S. jobs report due later in the day.
RTTNews | 629 hari yang lalu
Asian Shares Retreat On China Concerns

Asian Shares Retreat On China Concerns

Asian stocks retreated on Friday as the U.S. jobs report loomed, China growth worries persisted, and traders remained on alert for a rising risk of Japanese authorities intervening to support the yen.
RTTNews | 629 hari yang lalu
Yen Falls As Traders Doubt On BoJ Rate Hike

Yen Falls As Traders Doubt On BoJ Rate Hike

The Japanese yen weakened against major currencies in the Asian session on Friday, as investors continued to have doubts about whether the Bank of Japan (BoJ) would likely raise interest rates once more.
RTTNews | 629 hari yang lalu
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against major currencies in the Asian session on Friday.
RTTNews | 629 hari yang lalu
Macy's To Close 66 Stores Under 'Bold New Chapter' Strategy

Macy's To Close 66 Stores Under 'Bold New Chapter' Strategy

Department store chain Macy's Inc. is closing 66 Macy's non-go-forward store locations in 2025, as part of its strategic plan, called "A Bold New Chapter", aiming to return to sustainable, profitable sales growth. The move comes after the Omni-channel fashion retailer, which owns Macy's, Bloomingdale's and Bluemercury brands, slashed its fiscal 2024 adjusted earnings guidance in early December.
RTTNews | 629 hari yang lalu
European Economic News Preview: France Industrial Output, Consumer Spending Due

European Economic News Preview: France Industrial Output, Consumer Spending Due

Industrial production and consumer spending from France and retail sales from Italy are due on Friday, headlining a light day for the European economic news. At 1.45 am ET, the State Secretariat for Economic Affairs releases Swiss unemployment data for December. The jobless rate is forecast to rise to 2.7 percent from 2.6 percent in the previous month.
RTTNews | 629 hari yang lalu
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Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed, as traders are cautious ahead of the release of the closely watched US monthly jobs later in the day, which will potentially provide additional clarity about the strength of the labor market and the outlook for interest rate cuts.
RTTNews | 630 hari yang lalu
Australian Market Maintains Early Losses In Mid-market

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintain its early losses in mid-market trading on Friday, also adding to the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness in financial, energy and technology stocks partially offset by gains in mining stocks.
RTTNews | 630 hari yang lalu
Japanese Market Notably Lower

Japanese Market Notably Lower

Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The Nikkei 225 is falling well below the 39,300 level, with weakness across most sectors led by index heavyweights and financial stocks. Technology stocks are the only bright spot.
RTTNews | 630 hari yang lalu

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