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Global stock markets end week on downward slope
Global stock markets end week on downward slope

Canada News.Net

timea day ago

  • Business
  • Canada News.Net

Global stock markets end week on downward slope

LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback Gaining Momentum The foreign exchange market closed the week with the U.S. dollar back in demand following Thursday's strong jobs report. The EUR/USD pair edged higher, with the euro rising 0.15 percent to 1.1773 against the U.S. dollar. Meanwhile, the USD/JPY declined 0.24 percent to 144.55, reflecting a slight retreat in the greenback against the Japanese yen. The USD/CAD saw modest gains, climbing 0.18 percent to 1.3606, as the US dollar strengthened against the Canadian dollar. In contrast, the GBP/USD dipped 0.04 percent to 1.3647, as the British pound struggled for momentum. The USD/CHF pair advanced 0.12 percent to 0.7949, signaling a firmer US dollar against the Swiss franc. The Australian and New Zealand dollars faced pressure, with the AUD/USD dropping 0.33 percent to 0.6548 and the NZD/USD falling 0.22 percent to 0.6049. Global Markets Close Mixed on Friday as Tech Lifts US Indices, Asia and Europe Struggle Stock markets worldwide ended the week with diverging performances. European and Asian indices faced broad declines, while in Toronto the market closed little changed. Here are the closing quotes from key stock indices around the world Friday:. Canada Flat UK and Europe: Broad Declines DAX (^GDAXI): -0.61 percent to 23,787.45 CAC 40 (^FCHI): -0.75 percent to 7,696.27 EURO STOXX 50 (^STOXX50E): -1.02 percent to 5,288.81 FTSE 100: Flat at 8,822.91 BEL 20 (^BFX): -0.02 percent to 4,485.04 Asia and Pacific: Mixed Reactions Nikkei 225 (^N225): +0.06 percent to 39,810.88 Hang Seng (^HSI): -0.64 percent to 23,916.06 KOSPI (^KS11): -1.99 percent to 3,054.28 (worst performer) Shanghai ( +0.32 percent to 3,472.32 ASX 200 (^AXJO): +0.08 percent to 8,603.00 NZX 50 (^NZ50): +0.49 percent to 12,766.60 Emerging Markets: Selective Strength India's Sensex (^BSESN): +0.23 percent to 83,432.89 South Africa (^ -0.23 percent to 5,456.37 Indonesia (^JKSE): -0.19 percent to 6,865.19 Malaysia (^KLSE): +0.08 percent to 1,550.19 Taiwan (^TWII): -0.73 percent to 22,547.50 Key Takeaways US Outperformance: NASDAQ's 1+ percent gain underscored tech resilience. Europe's Struggles: Rate-cut doubts weighed on banks and industrials. Asia's Divide: South Korea's sharp drop contrasted with China's modest rise. Commodity Markets: Australia and NZ edged up, while South Africa dipped

ASICS GEL-QUANTUM KINETIC Lands in "Pepper/Cement Grey"
ASICS GEL-QUANTUM KINETIC Lands in "Pepper/Cement Grey"

Hypebeast

time2 days ago

  • Lifestyle
  • Hypebeast

ASICS GEL-QUANTUM KINETIC Lands in "Pepper/Cement Grey"

Name:ASICS GEL-QUANTUM KINETIC 'Pepper/Cement Grey'Colorway:'Pepper/Cement Grey'SKU:1203A270.204MSRP:¥33,000 JPY ($228 USD)Release Date:July 11, 2025Where to Buy:ASICS Notes:ASICSis set to release theGEL-QUANTUM KINETIC'Pepper/Cement Grey' on July 11, a hybrid lifestyle sneaker blending technical performance with everyday comfort. Priced at ¥33,000 JPY ($228 USD), the shoe features a mesh upper with synthetic leather overlays, drawing design cues from classic ASICS runners like theGEL-NIMBUSandGEL-KINSEI. Its standout feature is the Scutoid GEL midsole, engineered to enhance shock absorption during daily activities like city commutes and long hours on your feet. The pair combines bold aesthetics with functional tech.

The Maxell MXCP-P100 Cassette Tape Player Offers a Retro Look With Modern Features
The Maxell MXCP-P100 Cassette Tape Player Offers a Retro Look With Modern Features

Hypebeast

time3 days ago

  • Entertainment
  • Hypebeast

The Maxell MXCP-P100 Cassette Tape Player Offers a Retro Look With Modern Features

Summary Maxellis paying homage to its roots with the release of the Maxell MXCP-P100 cassette tape player. The cassette player arrives alongside the resurgence of old media formats, but updated with modern features. Bluetooth compatibility for headphones is available, but also comes with a 3.5mm jack for wired listening. USB-C rechargeable batteries allow for seven to nine hours of playback. While the MXCP-P100 includes contemporary details, its exterior is reminiscent of '80s tech. Sitting atop of the player are chunky play, stop, fast forward and rewind buttons, as well as a brass flywheel for volume control. Weighing in at only 210 grams, the player also delivers portability. Check out the cassette player above. The Maxell MXCP-P100, offered in either black or white, is available in Japan for ¥13,000 JPY (approximately $90 USD).

GEEKS RULE Readies ‘HUNTERxHUNTER' T-Shirt Capsule
GEEKS RULE Readies ‘HUNTERxHUNTER' T-Shirt Capsule

Hypebeast

time3 days ago

  • Entertainment
  • Hypebeast

GEEKS RULE Readies ‘HUNTERxHUNTER' T-Shirt Capsule

Name:HUNTER×HUNTERx GEEKS RULE Silkscreen Printing T ShirtMSRP:¥6,600 JPY (approx. $46 USD)Release Date:July 5Where to Buy:GEEKS RULE,Premium Bandai, Various Retailers GEEKS RULEis gearing up for a fresh graphic T-shirt release, featuring artworks fromYoshihiro Togashi's popularHUNTER×HUNTERseries. The drop comprises three black tees, each showcasing a different silkscreen-printed artwork pulled from pivotal arcs spanning the 'Hunter Exam' to the 'Election' storyline. Rendered in monochrome tones, the designs capture beloved characters – Gon, Killua, Kurapika and Leorio -with a minimalist, coordinated aesthetic. Leading the drop is a piece spotlighting the beloved quartet during their initial Hunter Exam. Meanwhile, the remaining styles focus individually on Gon and Killua in standout moments. Launch begins on July 5 via GEEKS RULE's online store, Premium Bandai and select retailers across Japan.

Fujitsu to develop ETF trading platform based on TSE's CONNEQTOR and provide it to Australian Securities Exchange
Fujitsu to develop ETF trading platform based on TSE's CONNEQTOR and provide it to Australian Securities Exchange

Cision Canada

time3 days ago

  • Business
  • Cision Canada

Fujitsu to develop ETF trading platform based on TSE's CONNEQTOR and provide it to Australian Securities Exchange

TOKYO, July 2, 2025 /CNW/ -- The Australian Securities Exchange (ASX), the Tokyo Stock Exchange, Inc. (TSE), and Fujitsu Limited on June 2, 2025 signed MOU to develop a SaaS-based Request for Quote (RFQ) platform. Fujitsu will develop the platform based on "CONNEQTOR," an RFQ platform for the ETF market developed by TSE and Fujitsu, and provide it to ASX. The initiative aims to modernize the process for ETF pricing in Australia by implementing a SaaS RFQ platform, built and managed by Fujitsu. The foundation of this new platform is the CONNEQTOR system provided by TSE, one of Asia's most successful RFQ platforms. Since its launch in February 2021, CONNEQTOR has enabled over 290 users to significantly reduce costs and improve the efficiency of their ETF trading operations. Monthly trading value reached a record high of JPY 306.4 billion in April 2025. Fujitsu will serve as the service provider for the Fujitsu RFQ platform, responsible for service development, provision, and utilization support. TSE, as the licensor and operator of the CONNEQTOR system, will provide support for the platform's implementation. Andrew Walton, General Manager, Trading, ASX comments: "ASX is excited to partner with Fujitsu and TSE to explore the opportunities the Fujitsu RFQ platform can deliver for the Australian market. With the ability to increase liquidity and price discovery, ASX sees the potential to support the development of this market segment and its participants. We will be engaging extensively with the Australian industry to gather feedback to assess the feasibility of launching this platform in the first half of 2026." Satoshi Takura, Senior Executive Officer, TSE (Senior Executive Officer & CIO, Japan Exchange Group) comments: "It is great to join forces on the feasibility of a service based on TSE's CONNEQTOR. By providing international and diverse market functions, we hope to contribute to the development of the global ETF market from a technological perspective." "Fujitsu is excited to explore this opportunity to provide the Fujitsu RFQ platform for the Australian Securities Exchange. Leveraging our deep experience in building and maintaining financial infrastructure with cutting-edge technology, we're confident that our strong partnership with the Tokyo Stock Exchange will unlock even greater value for the ASX and its global customers."

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