The Canadian market is languishing in negative territory on Monday with stocks from across several sectors reeling under selling pressure as investors look for directional clues. Trade war fears in the wake of U.S. President-elect Donald Trumps tariff threats, and persisting concerns about geopolitical tensions, and interest rate uncertainty appear to be weighing on sentiment....
European stocks closed lower on Monday amid thin volumes as investors largely stayed on the sidelines ahead of New Year holidays. Uncertainty about interest rates, and tariff war threats weighed on sentiment. Trading was a bit lackluster today, the last full trading day of 2024. Most of the markets will close early on Tuesday for...
The Switzerland market ended marginally up on Monday after a choppy session during which stocks moved in a very narrow range. Worries about Swiss growth outlook weighed on sentiment. Also, investors chose to remain on the sidelines ahead of New Year holidays. The Swiss market will be closed on Tuesday, and reopen on Friday. The...
The U.S. dollar climbed against its most major counterparts in the New York session on Monday, as U.S. stocks dropped in the final trading week of year. The pullback on Wall Street partly reflected continued weakness among technology stocks, which may be due to profit taking going into the end of the year. Treasury yields...
China will on Tuesday see December results of the manufacturing, non-manufacturing and composite PMIs from the National Bureau of Statistics, highlighting a light day for Asia-Pacific economic activity. In November, their scores were 50.3, 50.0 and 50.8, respectively. South Korea will release December data for consumer prices, with forecasts suggesting an increase of 0.2 percent...
Despite recovering from early lows, the Canadian market closed notably lower on Monday, hurt by losses in materials, technology and consumer sectors. Several stocks from healthcare, real estate and industrials sectors too ended on a weak note. U.S. President-elect Donald Trumps tariff threats, interest rate uncertainty and persisting concerns about geopolitical tensions weighed on sentiment....
Consumer prices in South Korea were up 2.3 percent on year in 2024, Statistics Korea said on Tuesday - moderating from 2.5 percent in the previous year. For December, inflation rose 0.4 percent on month versus expectations for an increase of 0.2 percent following the 0.3 percent contraction in November. On a yearly basis, consumer...
The Malaysia stock market has climbed higher in five straight sessions, improving more than 45 points or 2.7 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1,640-point plateau, although investors figure to lock in gains on Tuesday. The global forecast for the Asian markets is soft, with profit...
The Taiwan stock market on Monday ended the five-day winning streak in which it had advanced almost 775 points or 3.2 percent. The Taiwan Stock Exchange now sits just above the 23,190-point plateau and it may take further damage on Tuesday. The global forecast for the Asian markets is soft, with profit taking expected by...
The China stock market has ticked higher in three straight sessions, rising almost 15 points or 0.4 percent in that span. The Shanghai Composite Index now sits just above the 3,405-point plateau, although the rally may stall on Tuesday. The global forecast for the Asian markets is soft, with profit taking expected by the years...