European stocks may open flat to slightly higher in cautious trade on Thursday as the U.K. elects its next Parliament, with investors waiting to see just how large a majority the Labour Party might get. Elsewhere in France, a shaky coalition is emerging to block France\'s far right from power as the second round of...
German factory orders logged an unexpected decline in May due to the decrease in foreign demand, official data showed on Thursday. Factory orders declined 1.6 percent month-on-month in May, sharper than the revised 0.6 percent decrease in April, Destatis reported. This was the fifth consecutive decline and also came in contrast to economists\' forecast of...
Asian stocks ended mixed on Thursday even as fresh signs of a weakening U.S. economy revived hopes of interest rate cuts sooner rather than later. The dollar was on the back foot ahead of elections in the U.K. and France, and before the release of key U.S. nonfarm payrolls report, due Friday. Federal Reserve officials...
German stocks traded higher on Thursday as softer-than-expected U.S. economic data fueled speculation that the Federal Reserve could slash interest rates in September. The upside remained capped after official data showed German factory orders logged an unexpected decline in May due to the decrease in foreign demand. Factory orders declined 1.6 percent month-on-month in May,...
The private sector in Singapore continued to expand, and at a faster rate, the latest survey from S&P Global showed on Wednesday with a PMI score of 55.2. That\'s up from 54.2 and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. Supporting the latest uptick in the headline PMI...
The China stock market has climbed higher in three straight sessions, gathering more than 50 points or 1.8 percent along the way. The Shanghai Composite Index now sits just beneath the 3,000-point plateau and it\'s likely to see additional support on Wednesday. The global forecast for the Asian markets suggests little movement ahead of Friday\'s...
The Hong Kong stock market has moved higher in consecutive trading days, improving more than 50 points or 0.3 percent in that span. The Hang Seng Index now rests just beneath the 17,770-point plateau and it\'s looking at a firm open again on Wednesday. The global forecast for the Asian markets suggests little movement ahead...
U.K. stocks traded higher on Wednesday as focus shifted to the July 4 election, which could see a possible end to 14 years of Conservative government. The Labour Party is set to grab 484 out of the total 650 seats in the Parliament, a pre-poll company Survation projected. The benchmark FTSE 100 was up 49...
European stocks advanced on Wednesday as traders reacted to dovish comments from Federal Reserve Chair Jerome Powell and looked ahead to key elections in France and the U.K. On Tuesday, Powell acknowledged progress in disinflation but added that officials need more confidence before cutting interest rates. Over 200 candidates have withdrawn from France\'s runoff election...
Indian shares rose notably on Wednesday to reach fresh record highs as investors reacted to dovish comments from Federal Reserve Chair Jerome Powell. On Tuesday, Powell acknowledged progress in disinflation but added that officials need more confidence before cutting interest rates. As growth worries mount, it is widely accepted that the Fed will likely cut...