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Forex News
Sensex, Nifty Extend Declines Ahead Of US Jobs Report
Indian shares fell notably on Friday to extend losses for a third day running as signs of hot U.S. labor market data lifted the dollar and yields.
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845 days ago
European Shares Mixed Ahead Of Key Data
European stocks were narrowly mixed on Friday, as investors awaited Eurozone inflation data and the all-important U.S. jobs data later in the day for directional cues.
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845 days ago
FTSE 100 Edges Higher As Commodity Stocks Rally On China Optimism
U.K. stocks were moving higher on Friday as resource stocks gained ground amid optimism surrounding China's reopening and expectations of more stimulus to support domestic demand.
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845 days ago
CAC 40 Little Changed In Lackluster Trade
French stocks were little changed on Friday as investors awaited Eurozone inflation data and the all-important U.S. jobs data later in the day for directional cues.
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845 days ago
FTC Proposes Ban On Noncompete Clauses; Says Workers To Earn $300 Bln More A Year
The Federal Trade Commission or FTC has proposed a new rule that would ban employers from imposing noncompetes on their employees, which harm competition in U.S. labor markets. According to the agency, the new rule could increase workers' earnings by nearly $300 billion per year.
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845 days ago
U.S. Dollar Advances Amid Strong Labor Market Data; NFP Report Due
The U.S. dollar moved up against its major counterparts in the Asian session on Friday, as the latest economic data pointed to a tight labor market, increasing the possibility of a 50 basis point rate hike by the Federal Reserve at the next meeting to be held on February 1.
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845 days ago
DAX Slips Ahead Of Key Inflation Data
German stocks slipped into the red on Friday as caution set in ahead of euro zone inflation data due out later in the day.
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845 days ago
more news
Asian Shares Climb Ahead Of US Jobs Data
Asian stocks rose broadly on Friday amid optimism surrounding China's reopening and expectations of more stimulus to support domestic demand.
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845 days ago
European Shares Seen Opening Up Before Key US Jobs Report
European stocks may open on a positive note Friday after strong U.S. economic data released overnight suggested the world's largest economy ended 2022 on a solid footing.
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845 days ago
European Economic News Preview: Germany Factory Orders, Retail Sales Data Due
Factory orders and retail sales from Germany and flash consumer prices, retail sales and economic confidence from the euro area are the top economic news due on Friday, headlining a busy day for the European economic news. Destatis is slated to release Germany's manufacturing orders and retail sales figures for November at 2.00 am.
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845 days ago
Japan Service Sector Gains Strength In December
Japan's service sector activity gained strength in December driven by uplift in tourism and strong improvement in Covid-19 conditions, survey results from S&P Global showed on Friday. The au Jibun Bank services Purchasing Managers' Index rose to 51.1 in December from 50.3 in November.
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845 days ago
Sensex, Nifty See Modest Gains After Two Days Of Losses
Indian shares opened slightly higher on Friday after two days of losses.
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845 days ago
Asian Markets Mostly Higher Amid Cautious Trades
Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, with traders remaining largely cautious after data showing stronger than expected US private jobs growth points to continued strength in the labor market, which will see the lower interest rate hikes to continue. Asian markets ended mostly higher on Thursday.
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845 days ago
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