The U.S. dollar stayed firm against most of its major rivals on Friday, extending recent gains, as traders looked ahead to the upcoming monetary policy meeting of the Federal Reserve. The dollar index, which dropped to around 92.85 after advancing to 93.02, recovered subsequently and was last seen a
After ending the previous session modestly higher, treasuries moved back to the downside during trading on Friday. Bond prices regained ground after an early drop but remained in negative territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2.
The Switzerland stock market recorded a fresh high on Friday as the mood remained bullish right through the day's session amid optimism about strong corporate earnings and economic growth. The benchmark SMI ended with a gain of 153.83 points or 1.28% at 12,130.83, after hitting a new high at 12,142.
Professional forecasts raised their inflation and growth projections for the euro area, results of a quarterly survey by the European Central Bank showed Friday. The ECB Survey of Professional Forecasters for the third quarter showed that HICP inflation expectation for this year was raised to 1.9 pe
Iceland's consumer price inflation remained stable in July, figures from Statistics Iceland showed on Friday. The consumer price index rose 4.3 percent year-on-year in July, same as seen in June. Excluding housing cost, inflation was 3.4 percent in July. On a monthly basis, consumer prices rose 0.16
Taiwan's industrial production increased in June driven by robust manufacturing activity, data from the Ministry of Economic Affairs showed on Friday. Industrial output grew 18.37 percent year-on-year in June, following a 16.88 percent increase May. The annual growth in manufacturing output advanced
Ireland's consumer confidence eased from a two-year high in July, as households were increasingly concerned about the economic outlook, results of a survey showed Friday. The KBC Bank consumer sentiment index fell to 84.7 from 87.2 in June. "The July reading hints at just a minor re-adjustment of Ir
Sweden's producer prices increased to the highest level in nearly three years in June, figures from Statistics Sweden showed on Friday. The producer price index grew 9.6 percent year-on-year in June, following a 7.9 percent rise in April. Prices rose for the fifth month in a row. The latest inflatio
Germany's private sector logged a record growth in July driven by an ongoing rapid recovery in services activity, flash survey results from IHS Markit showed on Friday. The composite output index rose to 62.5 in July from 60.1 in June. The latest score was the highest since January 1998 and above ec
France's private sector remained strong in July but the pace of expansion moderated from June, flash survey results from IHS Markit showed on Friday. The flash composite output index dropped unexpectedly to 56.8 from 57.4 in June. The score was forecast to rise to 58.5. Nonetheless, a reading above
Singapore's consumer prices remained stable in June, data from the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Friday. The consumer price index rose 2.4 percent year-on-year in June, same as seen in May. Economists had expected a 2.5 percent rise. This latest con
Malaysia's consumer prices inflation eased in June, data from the Department of Statistics showed on Friday. Consumer price inflation eased to 3.4 percent in June from 4.4 percent in May. Economists had expected the inflation to rise 3.5 percent. Prices rose for the fifth straight month since Februa
UK consumer sentiment strengthened more-than-expected in July to reach ahead of its March 2020 pre-lockdown level, survey data from the market research group GfK showed on Friday. The consumer sentiment index rose to -7 in July from -9 in the previous month. The expected reading was -8. "This means
Indian shares struggled for direction on Friday despite positive global cues. The benchmark 30-share BSE Sensex was little changed at 52,838, giving up early gains. The broader NSE Nifty index was down 14 points, or 0.1 percent, at 15,810. Tata Consumer Products, Tata Steel, UltraTech Cement, HCL Te
The services sector in Australia fell hard into contraction territory in July, the latest survey from Markit Economics revealed on Friday with a 14-month low services PMI score of 44.2. That's down sharply from 56.8 in June and it moves well beneath the boom-or-bust line of 50 that separates expansi