The China stock market has finished lower in four straight sessions, plummeting more than 200 points or 6 percent in that span. The Shanghai Composite Index now sits just above the 3,200-point plateau although its expected to open to the upside on Tuesday. The global forecast for the Asian markets is positive, with technology stocks...
The Indonesia stock market on Monday wrote a finish to the three-day winning streak in which it had advanced almost 130 points or 1.8 percent. The Jakarta Composite Index now sits just above the 7,080-point plateau although its expected to find renewed support on Tuesday. The global forecast for the Asian markets is positive, with...
Asian stocks were mostly higher on Tuesday after a rally in technology shares boosted Wall Streets main indexes overnight. The dollar index edged higher in Asian trade, after having fell as much as 1 percent during intraday trading on Monday. Treasuries were little changed after the yield on the 30-year note climbed to the highest...
The euro area manufacturing sector continued to shrink in December on accelerated contractions in both orders and output, final data compiled by S&P Global showed on Thursday. The HCOB manufacturing Purchasing Managers Index fell slightly to a three-month low of 45.1 in December from 45.2 in November. The flash reading was 45.2. Demand for euro...
The commodity currencies such as Australia, the New Zealand and the Canadian dollar strengthened against their major currencies in the Asian session on Thursday amid the crude oil price rise as investors focused on a revival in Chinas economy and fueled demand when they returned from holidays following the promise by the Chinese President Xi...
Asian stocks started the New Year on a subdued note after an otherwise stellar 2024 for global equity markets. Reginal markets succumbed to selling pressure today after U.S. stocks slipped Tuesday, closing 2024 with an uncharacteristic down note after a roaring year of trading. The S&P 500 and Nasdaq 100 indexes dropped for a fourth...
European stocks traded mixed on Thursday as traders returned to their desks after the New Year holidays. In economic releases, U.K. house prices grew 4.7 percent year-on-year in December, faster than the 3.7 percent increase in November and also stronger than economists forecast of 3.8 percent gain., data from the Nationwide Building Society showed earlier...
Indian shares may drift lower at open on Friday after U.S. stocks fell for a fifth day running overnight, underscoring a cautious start to the year. A surging dollar and elevated U.S. Treasury yields may also weigh on markets as signs of a resilient U.S. labor market provided support for the Federal Reserves measured approach...
Indian shares opened lower on Friday after rising sharply in the previous session amid the expiry of weekly F&O contracts. The benchmark S&P/BSE Sensex dropped 470 points, or 0.6 percent, to 79,473 in early trade, tracking a surging dollar and elevated U.S. Treasury yields after data showed U.S. weekly jobless claims unexpectedly dropped to an...
U.K. stocks moving in a very narrow range in lackluster trade Friday morning amid a lack of fresh economic data and significant corporate news. A slightly weaker Pound is limiting the markets downside. Mining stocks are exhibiting some weakness, weighed down by weak copper prices. The benchmark FTSE 100 advanced to 8,268.97 after a weak...