StockMarkets-112514_03Jul15-lg.jpg Asian stocks closed mostly lower on Friday, with weak commodity prices, tepid U.S. data and worries about the upcoming referendum in Greece weighing on the markets. Disappointing U.S. jobs data tempered expectations for a September interest-rate hike from the Federal Reserve, offering some respite over...

Stock index futures point to a mixed open on Friday as preparations get underway for Sunday's referendum in Greece that could seal the country's fate in the euro zone. Opinion polls on Greece's bailout referendum point to a closely balanced result with a slight majority in favor of accepting the creditors'...


Asian stock markets are mostly trading lower on Friday, following a weak lead from Wall Street where traders were reluctant to take fresh positions going into the long weekend and ahead of Greece's weekend referendum.


With traders reluctant to make any significant moves going into the long weekend, stocks showed a lack of direction over the course of the trading day on Thursday. The major averages bounced back and forth across the unchanged line before closing roughly flat.


Stocks Seeing Modest Weakness In Mid-Day Trading - U.S. Commentary

While selling pressure has remained subdued, stocks have moved modestly lower over the course of the trading day on Thursday. The pullback comes as traders are expressing some trepidation going into the long weekend.

Indian Shares Rise Despite Weak Global Cues

Indian shares rose notably on Friday as disappointing U.S. jobs data pushed back expectations of when the Federal Reserve will raise rates. Sliding crude oil prices, the rupee's strength against the dollar and reports that rainfall conditions are normalizing also helped improve investor sentiment ahead...

Sensex Drifts Lower Ahead Of US Jobs Report

The Indian markets drifted lower on Thursday after global rating agency Fitch cut India's real GDP growth forecasts to 7.8 percent for the current fiscal from 8 percent, saying the country's business environment is relatively weak compared with peers and will take time to turn around. Lingering worries...

Dollar Slightly Weaker After June Jobs Growth Falls Short

The dollar is down slightly against all of its major competitors Thursday, following the mixed results of the June employment report. Employment increased by less than expected for the month, but the unemployment rate dropped to the lowest level in 7 years. A closely watched Labor Department report...

UK Market Falls, Greece In Focus

The UK market was in negative territory on Friday, amid concerns about Sunday's referendum in Greece, even as Eurozone economic growth rose to a four-year high in June. According to a report released by the International Monetary Fund, Greece requires at least 36 billion euros from Eurozone over the...

TSX Ends Higher In Cautious Trading - Canadian Commentary

The Toronto Stock Exchange's benchmark index closed higher for a third straight session on Friday amid cautious trading ahead of Sunday's referendum in Greece. Greek Prime Minister Alexis Tsipras again asked his country to say no to austerity in the referendum and said that an assessment by the International...

Crude Oil Ends A Tad Lower As Rig Count Rises

U.S. crude oil pared gains to end lower for a second straight session on Thursday, after data from Baker Hughes showed an increase in weekly oil rig count, following the jump in U.S. crude stockpiles last week. For the week, crude oil futures plummeted about 4.5 percent. Earlier, crude oil was...

Treasuries Show Moderate Rebound Following Monthly Jobs Data

Following the considerable weakness seen in the previous session, treasuries regained some ground during trading on Thursday. Bond prices moved to the upside in early trading and managed to remain positive for the remainder of the session.

Job Market Optimism Pitched Against Greek Worries

The major U.S. index futures are pointing to a higher opening on Thursday, with early mood suggesting that U.S. Stocks may get off to a positive opening on the support lent by a fairly robust U.S. Non-farm payrolls report. Notwithstanding downward revisions to the previous months' data, the pace of job...
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