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FTSE 100 Declines As Political Turmoil Continues
U.K. stocks were moving lower on Friday and the sterling fell amid the ongoing political turmoil following the resignation of Prime Minister Liz Truss after just 45 days in office.
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Před 923 dny
CAC 40 Slips On Recession Worries
French stocks fell sharply on Friday as concerns over inflation and recession overshadowed a slew of positive earnings updates.
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Před 923 dny
Pound Declines Amid Weak U.K. Retail Sales Data, Political Crisis
The pound dropped against its major counterparts in the European session on Friday, as the nation's retail sales fell more than expected in September and the resignation of Prime Minister Liz Truss triggered political instability.
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Před 923 dny
DAX Tumbles On Inflation, Growth Worries
German stocks fell sharply on Friday and bond yields extended their climb, as worries about inflation and interest-rate rises gripped markets.
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Před 923 dny
Asian Shares Mostly Lower On Recession Fears
Asian stocks ended broadly lower on Friday and the dollar rose with Treasury yields as hawkish signals from Federal Reserve officials ramped up fears of a U.S. recession.
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Před 923 dny
UK Budget Logs Second Biggest September Deficit
The UK budget deficit reached its second highest September level since the monthly records began in 1993, the Office for National Statistics said Friday. Excluding public sector banks, public sector net borrowing was GBP 20.0 billion in September, which was GBP 2.2 billion more than in September 2021. The current borrowing was GBP 5.2 billion more than the OBR forecast.
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Před 923 dny
UK Retail Sales Fall More Than Expected
The decline in UK retail sales deepened unexpectedly in September as the rising cost of living weighed on the volume of spending, and also the holiday on account of the state funeral reduced sales. Retail sales dropped 1.4 percent month-on-month, following a revised 1.7 percent decline in August, the Office for National Statistics reported Friday.
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Před 923 dny
more news
European Shares Seen Lower As Yields Jump To Multi-year Highs
European stocks are seen opening a tad lower on Friday as investors keep an eye on rising bond yields and weigh the risks of recession.
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Před 923 dny
Sensex, Nifty Modestly Higher; Axis Bank Shares Climb 6%
Indian shares opened a tad higher on Friday, shrugging off mixed global cues as investors weigh the impact of aggressive interest rate hikes from major central banks on growth.
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Před 923 dny
European Economics Preview: UK Public Sector Finance, Retail Sales Data Due
Public sector finances and retail sales from the UK are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK public sector borrowing and retail sales data. The budget deficit is seen widening to GBP 17.5 billion from GBP 11.8 billion in August. Retail sales are forecast to fall 0.5 percent on month in September.
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Před 923 dny
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Friday, following the broadly negative cues from Wall Street overnight, with traders remaining cautious as concerns about the outlook for interest rates continue to drive global yields higher. Meanwhile, the U.S. dollar retreated and shed a bit of ground against most of its Asian major counterparts. Asian markets ended mostly lower on Thursday.
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Před 923 dny
Sensex, Nifty Seen Flat Amid Surging Treasury Yields
Indian shares may open flat to slightly lower on Friday as investors await earnings results from heavyweight Reliance Industries, which is expected to post robust earnings growth for the July- September quarter.
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Před 923 dny
Thai Stock Market Likely To Remain Rangebound
The Thai stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had gathered almost 30 points or 2 percent. The Stock Exchange of Thailand now rests just above the 1,590-point plateau although it may head south again on Friday.
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Před 923 dny
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