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UK Retail Sales Fall As Britons Reduce Spending On Food
UK retail sales declined in May as high cost of living pulled consumer sentiment to a record low and weighed on households' spending in food stores, data showed on Friday. Retail sales volume dropped 0.5 percent month-on-month in May, reversing a revised 0.4 percent increase in April, the Office for National Statistics said. Economists had forecast sales to drop 0.7 percent.
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vor 1043 Tagen
European Shares Seen Up As Commodities Face Heat
European stocks are likely to open higher on Friday as investors finally see some relief in surging commodity prices.
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vor 1043 Tagen
European Economics Preview: UK Retail Sales Data Due
Retail sales from the UK and business confidence from Germany are the major economic reports due on Friday. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for May. Sales are forecast to fall 0.7 percent on month, in contrast to the 1.4 percent rise in April.
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vor 1043 Tagen
Sensex Up 560 Points; Nifty Climbs Above 15,700
Indian shares opened on a strong note Friday on the back of positive global cues.
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vor 1043 Tagen
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues overnight from Wall Street, as traders indulged in bargain hunting in the oversold bourses, particularly among the technology shares, even as the possibility of a global recession remains. Traders also digest comments from US Fed Chair Jerome Powell on the second day of his testimony.
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vor 1043 Tagen
Sensex, Nifty Seen Higher On Firm Global Cues
Positive global cues and optimism about India's growth story may help Indian shares open higher on Friday.
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vor 1043 Tagen
Thai Stock Market Poised To Halt Losing Streak
The Thai stock market has finished lower in two straight sessions, sinking more than 15 points or 1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,555-point plateau although it's expected to stop the bleeding on Friday.
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vor 1043 Tagen
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Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Friday, extending the gains in the previous session, with the benchmark Nikkei 225 moving above the 26,300 level, following the broadly positive cues overnight from Wall Street, aided by strength in technology stocks, which mirrored their peers on the tech-heavy Nasdaq.
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vor 1043 Tagen
Higher Open Predicted For Indonesia Stock Market
The Indonesia stock market rebounded on Thursday, one day after ending the two-day winning streak in which it had gathered almost 110 points or 1.7 percent. The Jakarta Composite Index now rests just beneath the 7,000-point plateau and it's tipped to open higher again on Friday.
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vor 1043 Tagen
Australian Market Slightly Higher
The Australian stock market is slightly higher on Friday after being in the red most of the morning session, extending the gains in the previous session, with the benchmark S&P/ASX 200 above the 6,500 level, despite the broadly positive cues overnight from Wall Street, supported by technology stocks, partially offset by weakness in materials and energy stocks amid tumbling commodity prices.
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vor 1043 Tagen
Hong Kong Stock Market May Extend Thursday's Gains
The Hong Kong stock market bounced higher again on Thursday, one day after halting the three-day winning streak in which it had advanced almost 825 points or 3.9 percent. The Hang Seng Index now rests just above the 21,270-point plateau and now it may add to its winnings on Friday.
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vor 1043 Tagen
China Bourse Poised To Add To Its Winnings
The China stock market on Thursday wrote a finish to the three-day losing streak in which it had fallen more than 50 points or 1.5 percent. The Shanghai Composite Index now sits just above the 3,320-point plateau and it may extend its gains on Friday.
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vor 1043 Tagen
Tech Shares Expected To Lift Taiwan Stock Market
The Taiwan stock market has moved lower in two straight sessions, tumbling almost 550 points or 3.7 percent along the way. The Taiwan Stock Exchange now rests just above the 15,175-point plateau although it's due for support on Friday.
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vor 1043 Tagen
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