The Thai stock market has moved lower in back-to-back sessions, stumbling almost 35 points or 2.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,365-point plateau although it may find traction on Monday. The global forecast for the Asian markets is cautiously optimistic on an improved outlook for interest...
Indian shares look set to open on an upbeat note Monday after five straight sessions of losses. Benchmark indexes Sensex and Nifty suffered their sharpest weekly declines in over two years last week as foreign portfolio investors (FPIs) continued to offload shares amidst uncertainties regarding Federal Reserve interest-rate cuts. Firm cues from global markets may...
German stocks edged lower in cautious trade on Monday ahead of upcoming Christmas holidays. On a light day on the economic calendar, Germanys import prices increased for the first time in three months in November, data from Destatis showed. Import prices registered an annual increase of 0.6 percent, reversing a 0.8 percent decrease in October....
French stocks drifted lower on Monday against the backdrop of Europes tumultuous political backdrop and worries over potential tariffs under the incoming Trump administration in the U.S. The benchmark CAC 40 was down 32 points, or half a percent, at 7,242 after losing 0.3 percent on Friday. Insurer AXA and Lender BNP Paribas were moving...
U.K. stocks were flat to slightly lower on Monday after official data showed the U.K. economy stalled in the third quarter. Real gross domestic product remained flat in the third quarter, revised down from the 0.1 percent rise estimated initially as the services sector posted nil growth and the moderate expansion in construction was offset...
European stocks were subdued on Monday in the run-up to Christmas. The pan European STOXX 600 was little changed at 502.45 as investors avoided making big bets against the backdrop of political uncertainties in Germany and France, and lingering worries about Trumps tariff threats. The German DAX and the U.K.s FTSE 100 were marginally lower...
The ongoing strike at coffee retail giant Starbucks Corp. by its baristas has been expanded to nine states as of Sunday, according to the Starbucks Workers United union. The five-day strike began on Friday at Starbucks locations in Chicago, Los Angeles and Seattle- its hometown- seeking wage increases for baristas. The workers in Colorado, Ohio...
Indian shares ended notably higher on Monday after five straight sessions of losses. Benchmark indexes both staged a share recovery, after having fallen nearly 5 percent over the last week. Underlying sentiment was helped by firm cues from global markets as a benign U.S. inflation reading helped revive investor hopes for further policy easing by...
The Swiss franc weakened against other major currencies in the European session on Monday, as the European stocks traded higher heading into a holiday-shortened week. It will be a pretty quiet week due to the upcoming Boxing Day and Christmas Day holidays. Nonetheless, fund managers may engage in some year-end window-dressing to show case good...
Weak crude oil and gold prices point to a negative open for Canadian stocks on Monday. However, the market may climb higher if GDP and producer prices data, due this morning, turn out to be positive. Final data on Canadian GDP for the month of October is due at 8:30 AM ET. Data on Canadian...