Indian shares were subdued on Monday after U.S. equities fell sharply on Friday, dragged down by technology stocks amid rising global uncertainties and caution ahead of the year-end holiday season. The benchmark S&P/BSE Sensex was down 252 points, or 0.3 percent, at 78,447 in early trade while the broader NSE Nifty index dropped by 84...
The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, as the crude oil prices climbed higher after data showed a sharp drop in U.S. crude inventories in the week ended December 20th. The ongoing conflict between Russia and Ukraine, and expectations...
European stocks are seen opening on a mixed note Monday as the year-end approaches. This week ushers in a light period for economic data and corporate earnings, with regional and U.S. markets closed Wednesday in observance of New Years Day. The U.S. economic calendar remains light this week, with updates on housing prices and sales,...
Charles Dolan, the founder of major US media companies Home Box Office Inc. or HBO and Cablevision Systems Corp., died of natural causes at the age of 98. In a statement, his family said, It is with deep sorrow that we announce the passing of our beloved father and patriarch, Charles Dolan, the visionary founder...
The Japanese yen weakened against other major currencies in the pre-European session on Monday, as traders speculate that the Bank of Japan (BoJ) is likely to deliver an interest rate hike in January. The possibility of a rate hike in January was maintained by some BoJ policymakers who saw elements coming together for an impending...
Asian stocks ended mixed on Monday as a cautious undertone prevailed, heading into year-end. Higher U.S. Treasury yields underpinned the dollar in Asian trade while oil and gold were little changed. Chinas Shanghai Composite index edged up by 0.21 percent to 3,407.33 ahead of manufacturing PMI data due on Tuesday. Hong Kongs Hang Seng index...
German stocks were moving lower on Monday as elevated government bond yields prompted investors to book some profits ahead of the year end. The 10-year German bund yield traded at its highest since mid-November, tracking a rise in U.S. Treasury yields amid uncertainty about Trumps policies and the Federal Reserves rate path next year. The...
French stocks traded lower on Monday amid worries about the countrys economic outlook and the prospect of a trade war after U.S. President-elect Donald Trump threatened sweeping tariffs on goods. Investors remain concerned about how the French government will tackle a growing budget deficit. The countrys new finance minister said in a newspaper interview that...
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...