Indian shares edged lower at open on Friday, extending losses for a fifth day running amid concerns that U.S. President-elect Donald Trumps fiscal, trade and tariff policies could prompt the Federal Reserve to end its rate-cutting cycle. The benchmark S&P/BSE Sensex was down 292 points, or 0.4 percent, at 78,825 in early trade while the...

Retail sales and public sector finance from the UK and business and consumer confidence from Italy are due on Friday. At 2.00 am ET, the Office for National Statistics is slated to issue UK retail sales and public sector finance data. Sales are forecast to grow 0.5 percent on month in November, in contrast to...

European stocks are set for a weak opening Friday as focus shifts to U.S. personal income and spending data for November due later in the day, which includes the Feds preferred readings on consumer price inflation. The report assumes significance after the Feds new projections showed officials expect the core PCE to be stuck at...

The Peoples Bank of China maintained its interest rates unchanged for the second straight session on Friday. The PBoC maintained its one-year loan prime rate at 3.10 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.60 percent. The move was widely expected. The bank had cut its both LPRs by...

The Indonesia stock market has finished lower in five straight sessions, sinking more than 350 points or 4.7 percent in that span. The Jakarta Composite Index now rests just above the 7,100-point plateau and it figures to open under pressure again on Thursday. The global forecast for the Asian markets suggests major consolidation on the...

The Thai stock market on Wednesday ended the six-day losing streak in which it had stumbled more than 55 points or 4 percent. The Stock Exchange of Thailand now sits just beneath the 1,400-point plateau although its expected to open firmly in the red on Thursday. The global forecast for the Asian markets suggests major...

Asian stocks were deep in the red on Thursday, the yield on benchmark U.S. Treasury yields touched a seven-month high, the dollar index jumped to a two-year high and gold held below $2,600 per ounce after the U.S. Federal Reserve signaled a slower pace of easing next year amid ongoing upside inflation risks. Analysts have...