The unemployment rate in Australia came in at a seasonally adjusted 3.9 percent in November, the Australian Bureau of Statistics said on Thursday. That was lower than forecasts for 4.2 percent and down from 4.1 percent in October. The Australia economy added 35,600 jobs last month, topping expectations for the addition of 26,000 jobs following...
The China stock market has finished higher in two straight sessions, collecting nearly 30 points or 0.9 percent along the way. The Shanghai Composite now sits just above the 3,430-point plateau and it may see additional support again on Thursday. The global forecast for the Asian markets is upbeat on improved optimism about the outlook...
The Hong Kong stock market has moved lower in consecutive trading days, surrendering more than 250 points or 1.2 percent along the way. The Hang Seng Index now sits just above the 20,150-point plateau although it may find traction on Thursday. The global forecast for the Asian markets is upbeat on improved optimism about the...
The Indonesia stock market has moved higher in four straight sessions, gathering almost 150 points or 2.2 percent along the way. The Jakarta Composite Index now sits just above the 7,460-point plateau and its expected to open in the green again on Thursday. The global forecast for the Asian markets is upbeat on improved optimism...
Indian shares are seen opening on a flat note Tuesday as investors react to mixed cues from global markets and the appointment of Revenue secretary Sanjay Malhotra as the new RBI governor. Overall gains, if any, are likely to remain limited ahead of domestic and U.S. inflation readings due this week. As the conflict in...
Indian shares were marginally higher on Tuesday, tracking mixed cues from global markets. The benchmark S&P/BSE Sensex was up 75 points, or 0.1 percent, at 81,579 in early trade while the broader NSE Nifty index was up 24 points, or 0.1 percent, at 24,643. Tata Motors climbed 1.1 percent on the price hike buzz. Bajaj...
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, after data showed Chinas exports growth slowed in November and imports declined the most in 14 months, fueling worries about the health of the worlds second-largest economy. Data from the customs...
Asian stocks ended mixed on Tuesday after Chinas exports and imports both missed expectations in November, signaling growing trade challenges. Gold ticked higher, the U.S Treasury 10-year yield fell one basis point to 4.19 percent and the dollar held steady ahead of key U.S. consumer and producer inflation readings due this week that will help...
German stocks were subdued on Tuesday as Chinese trade figures disappointed and domestic data showed Germanys consumer price inflation rose to a four-month high in November due to less favorable energy base effects. The consumer price index registered an annual increase of 2.2 percent in November, following a 2.0 percent rise in October, Destatis reported...
French stocks were moving lower on Tuesday as caution crept in ahead of the release of key U.S. consumer and producer inflation readings this week that will help shape the outlook for Federal Reserve monetary policy. Also, the focus shifted to the European Central Bank (ECB) monetary policy decision on Thursday, with the central bank...