European stocks started the week on a positive note, with banks and technology stocks leading the surge ahead of key U.S. and European economic data due later in the week. The pan European STOXX 600 was up 0.1 percent at 508.77 after the tech-heavy Nasdaq Composite jumped 1.8 percent and the S&P 500 surged 1.3...
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Monday, as Chinas service sector grew at the fastest pace in seven months in December underpinned by greater business inflows. Data from S&P Global showed that the services Purchasing Managers Index posted...
German stocks are modestly higher Monday morning with investors reacting to data on Germanys composite and services sector PMI readings, in addition to data from France and UK, and looking ahead to some crucial economic data, including monthly jobs report, from the U.S. The benchmark DAX was up 81.33 points or 0.42% at 19,990.45 a...
French stocks are up firmly in positive territory Monday morning after opening on a fairly bright note, as investors react to data showing an improvement in the nations services sector activity in the month of December. The benchmark CAC 40 index is up 50.18 points or 0.69% at 7,332.40. Data from S&P Global showed that...
Indian shares tumbled on Monday, with selling seen across the board as a stronger dollar and elevated U.S. bond yields added to concerns over continued foreign fund outflows. Caution ahead of the Q3 earnings season and reports of a new virus outbreak in China also weighed on markets. The Indian government has confirmed two cases...
U.K. stocks are down in negative territory Monday morning, weighed down by rating downgrades of a few big name stocks. The benchmark FTSE 100 is down marginally even as other key index in Europe, such as the DAX and CAC 40, are up firmly in positive territory. The FTSE 100, which dropped to 8,197.50 earlier...
The euro area private sector contracted only fractionally in December as services activity bounced back, final results of the purchasing managers survey by S&P Global showed on Monday. The composite output index rose to 49.6 in December from 48.3 in the previous month. The score was slightly above the flash estimate of 49.5. Nonetheless, the...
The euro area economy is in the danger of plunging even deeper into crisis and the room for the European Central Bank for maneuver is diminishing rapidly, the behavioral research institute Sentix said Monday. Eurozone investor confidence sunk to the lowest level since November 2023 with the corresponding index falling to -17.7 in January from...
The South Korea stock market has moved higher two straight sessions, accelerating almost 90 points or 3.6 percent along the way. The KOSPI now sits just beneath the 2,490-point plateau and it may add to its winnings again on Tuesday. The global forecast for the Asian markets is positive, with technology stocks expected to lead...
The Japanese stock market has moved lower in back-to-back sessions, plunging more than 970 points or 2.5 percent along the way. The Nikkei 225 now rests just above the 39,300-point plateau although its due for support on Tuesday. The global forecast for the Asian markets is positive, with technology stocks expected to lead the markets...