Indian shares look set to open on a muted note Monday as investors look ahead to the exit poll and the general election results. Voting for the 18th Lok Sabha will end on June 1 and no exit poll results should be published before 6.30 pm on that day. The Parliament election results will be...
The pound firmed against its major counterparts in the New York session on Monday, amid fading expectations of a rate cut from the Bank of England in June. Last week\'s U.K. inflation figures for April reduced the chances of an interest rate cut at the next meeting in June and an August cut looks likely....
Canadian stocks are turning in a mixed performance on Monday with investors awaiting some crucial economic data from the U.S. and Europe for clues about the outlook for interest rates. With the U.S. market closed for Memorial Day, activity on Bay Street remains somewhat lackluster. Materials shares are up, tracking higher metal prices. The benchmark...
The Canadian market ended on a slightly positive note on Monday, led by gains in materials sector as metal prices surged higher amid optimism about interest rate cuts by some major central banks. With the U.S. market closed for Memorial Day holiday, and some crucial economic data due later in the week, the mood remained...
The South Korea stock market has moved lower in three straight sessions, slipping more than 20 points or 0.8 percent along the way. The KOSPI now sits just above the 2,720-point plateau and it may extend its losing streak on Friday. The global forecast for the Asian markets is soft on persistent concerns over the...
The Malaysia stock market bounced higher again on Thursday, one session after ending the three-day winning streak in which it had advanced almost 25 points or 1.7 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,630-point plateau although it\'s likely to see renewed consolidation on Friday. The global forecast for the Asian...
The Singapore stock market rebounded on Thursday, one session after ending the three-day winning streak in which it had gathered almost 25 points or 0.6 percent. The Straits Times Index now rests just above the 3,320-point plateau although it may head south again on Friday. The global forecast for the Asian markets is soft on...
The Taiwan stock market has moved higher in back-to-back sessions, rallying more than 370 points or 1.8 percent along the way. The Taiwan Stock Exchange now sits just above the 21,550-point plateau although the rally may stall on Friday. The global forecast for the Asian markets is soft on persistent concerns over the outlook for...
Asian stocks retreated on Friday as robust U.S. economic data stoked concerns about sticky inflation and the Federal Reserve\'s rate path. Hawkish comments from another Federal Reserve official also weighed on investor sentiment. Chinese markets fell notably to extend declines from the prior session as a trade war with the U.S. escalated and the Chinese...
German stocks fell on Friday as robust U.S. economic data released overnight bolstered prospects of interest rates staying higher for longer. Meanwhile, the German economy expanded as initially estimated in the first quarter, underpinned by rebounding investment and exports, data from Destatis revealed earlier today. Gross domestic product expanded 0.2 percent sequentially in the first...