European stocks may open on a positive note Monday, though the upside may remain capped ahead of a slew of central bank meetings due this week. Asian markets traded mostly higher after Chinese retail sales and industrial output data beat expectations. Industrial output posted an increase of 7.0 percent in the January to February period,...
Asian stocks ended mostly higher on Monday as Chinese industrial output and retail sales figures beat estimates and investors looked ahead to a slew of central bank decisions. The dollar held steady while the yen wavered ahead of the BOJ, RBA, Fed, SNB, and BOE meetings due this week. Gold dipped while oil ticked higher,...
German stocks were seeing modest gains on Monday ahead of key Eurozone inflation data due out later in the day and the Fed and Bank of England policy meetings due this week. The flash estimate showed that Eurozone inflation softened to 2.6 percent from 2.8 percent in January. Eurozone foreign trade data is also due....
The U.S. Dollar recovered during the week ended March 15, recovering well from the losses posted a week earlier, as prospects for an early interest rate cut by the Federal Reserve faded a bit after hotter than expected consumer price and producer price inflation data. The somewhat less hawkish remarks by Fed Chair Jerome Powell...
The Swiss franc was lower against its major counterparts in the European session on Monday, ahead of monetary policy meetings from major central banks this week. The Fed is widely expected to hold rates unchanged, but the focus of the markets will be on the accompanying statement for clues about the timing of interest rate...
The Canadian market is moving in a narrow range in somewhat lackluster trade on Monday as investors look for direction from the Federal Reserve\'s upcoming monetary policy meeting on Tuesday and Wednesday. The U.S. central bank is widely expected to hold rates unchanged, but the accompanying statement is eyed for clues about the timing of...
Major European markets closed lower on Monday after a lackluster session as investors stayed cautious, choosing to wait for the Federal Reserve\'s monetary policy announcement, due on Wednesday, for clarity about the timing of interest rate cuts. Investors also digested the latest batch of economic data from the region. The pan European Stoxx 600 ended...
The Switzerland market ended on a weak note on Monday as investors reacted to some corporate news, and largely chose to stay cautious ahead of the Federal Reserve\'s monetary policy announcement. The benchmark SMI, which stayed weak right through the day\'s session, settled with a loss of 52.50 points or o.45% at 11,623.63, around 30...
The U.S. dollar climbed higher on Monday, gaining against most of its major counterparts, ahead of the Federal Reserve\'s monetary policy meeting, which gets underway on Tuesday. The Bank of Japan, the Bank of England, the Reserve Bank of Australia, the Swiss National Bank are also scheduled to make their monetary policy announcements this week....
The Indonesia stock market has moved higher in five straight sessions, advancing more than 180 points or 2.4 percent along the way. The Jakarta Composite Index now sits just above the 7,430-point plateau although the rally may stall on Friday. The global forecast for the Asian markets is soft on pessimism over the outlook for...