The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gained almost 120 points or 1.6 percent. The Jakarta Composite Index now rests just above the 7,670-point plateau and its poised to open in the green...
The Japanese yen weakened against other major currencies in the Asian session on Monday, as Japanese stock market traded higher, adding to the gains in the previous session, with gains across most sectors lead by index heavyweights and technology stocks. The benchmark S&P/ASX 200 is moving to a tad shy of the 39,000 level for...
Chinas manufacturing activity recovered in August as new orders returned to growth, driving faster production growth, data from S&P Global showed on Monday. The Caixin manufacturing Purchasing Managers Index rose to 50.4 in August from 49.8 in July. Although the score signaled that the manufacturing sector improved following the brief deterioration, the rate of improvement...
Asian stocks ended mostly higher on Monday even as Chinese and Hong Kong markets fell on economic concerns. The dollar eased in Asian trading after hitting its highest level in nearly two weeks. Gold dipped below $2,500 per ounce while oil consolidated at lower levels ahead of an OPEC+ decision on output increase in the...
German stocks slipped into the red on Monday as a survey showed the downturn in the countrys manufacturing sector, which accounts for about a fifth of Europes biggest economy, accelerated in August. The HCOB final Purchasing Managers Index (PMI) dropped to 42.4 from 43.2 in July due to a steeper drop in incoming orders. Also,...
French stocks slipped into the red on Monday after a survey showed Frances manufacturing activity contracted at its fastest pace since January in August as a result of a sharp fall in output and new orders. The HCOB France Manufacturing Purchasing Managers Index (PMI), compiled by S&P Global, dropped to 43.9 from 44.0 in July....
U.K. stocks were little changed on Monday, recovering some early losses after a survey showed British factories had their strongest month in more than two years in August as a result of rising output, new orders and employment. The manufacturing PMI was finalized at 52.5 in August, up from Julys 52.1 and hitting a 26-month...
European stocks were subdued on Monday after a survey revealed that Euro zone manufacturing activity remained mired in contraction in August. The manufacturing PMI was finalized at 45.8 in August, unchanged from Julys reading. Elsewhere, the U.K. manufacturing PMI was finalized at 52.5 in August, up from Julys 52.1 and hitting a 26-month high as...
The Swiss franc weakened against most major currencies in the European session on Friday, as traders now cautiously look ahead to the release of closely watched readings on U.S. consumer price inflation later in the day. The data is not likely to impact forecasts for an interest rate cut by the U.S. Fed next month...
Australia will on Monday release July figures for building approvals, highlighting a modest day for Asia-Pacific economic activity. Approvals are expected to rise 9.8 percent on year, steady from the June reading. Australia also will see Q2 data for business inventories and company gross operating profits. Inventories are expected to slip 0.5 percent on quarter...