European stocks ended on a mixed note on Friday with investors assessing the latest batch of economic data from the region and the U.S. non-farm payrolls report, for clues about interest-rate trajectory. The Labor Department said non-farm payroll employment in the U.S. surged by 275,000 jobs in February, while economists had expected employment to jump...
After opening marginally up, the Switzerland market held firm and ended on bright note on Friday thanks to sustained buying at several counters. Continued optimism about interest rate cuts in the second quarter by major central banks, including the Federal Reserve, helped underpin sentiment. The benchmark SMI ended with a gain of 71.77 points or...
The Canadian market ended modestly lower on Friday, weighed down a bit by the mixed batch of economic data from Canada and the U.S. Consumer staples and energy stocks closed a bit weak. Shares from the rest of the sectors ended mixed. The benchmark S&P/TSX Composite Index, which climbed to 21,892.06 - a fresh 52-week...
Japan will on Monday release Q4 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. In the previous quarter, GDP was down 0.1 percent on quarter and 0.4 percent on year. Also, the markets in Indonesia are closed until Wednesday in observance of the Hindi Saka New Year.
The South Korea stock market has moved higher in back-to-back sessions, collecting almost 40 points or 1.6 percent along the way. The KOSPI now rests just above the 2,680-point plateau although it may run out of steam on Monday. The global forecast for the Asian markets is soft, with energy and technology stocks likely to...
The Australian dollar weakened against other major currencies in the Asian session on Monday, as Asian stock markets traded lower, following the broadly negative cues from Wall Street on Friday, as traders reacted to mixed U.S. monthly jobs data and are cautious ahead of the release of key U.S. inflation data on Tuesday that could...
The Japanese yen strengthened against other major currencies in the Asian session on Monday, after data showed that Japan\'s gross domestic product expanded in the fourth quarter of 2023. Data from the Cabinet Office showed that Japan\'s gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the fourth quarter of 2023. That...
Japan\'s economy posted growth in the fourth quarter underpinned by business investment, while a recession was initially estimated, revised data from the Cabinet Office showed Monday. Gross domestic product posted an annual growth 0.4 percent in the fourth quarter compared to the previous estimate of 0.4 percent decline. This followed a 3.2 percent contraction in...
Asian stocks turned in a mixed performance on Monday after the latest U.S. jobs report sent mixed signals about the state of the world\'s largest economy. While a stronger yen pressured Japanese stocks, encouraging inflation data helped spur buying in mainland Chinese and Hong Kong. A weaker dollar helped lift gold prices to another record...
European stocks closed broadly lower on Monday with investors choosing to wait for some crucial data, including U.S. Consumer and producer prices reports, and largely refraining from making significant moves. After February U.S. payroll figures exceeded expectations, investors now look ahead to the release of key U.S. consumer price inflation and producer price data this...