The Thai stock market has moved higher in three straight sessions, gathering more than 20 points or 1.5 percent along the way. The Stock Exchange of Thailand now sits just above the 1,460-point plateau although it may spin its wheels on Thursday. The global forecast for the Asian markets is murky, with mild downside likely...
European stocks are seen opening on a positive note Monday, even as the upside may remain capped due to concerns about the path of interest rates. The U.S. economic calendar remains light, with reports on housing starts, existing home sales and weekly jobless claims likely to garner attention as the week progresses. Nvidia, the worlds...
Bank of Japan Governor Kazuo Ueda said the future interest rate decisions will be data-dependent and avoided giving clear idea about the timing of the next rate hike. At each monetary policy meeting, the BoJ will make policy decisions based on its assessment of economic activity and prices with the data and information available at...
The Japanese yen retreated from recent highs against other major currencies in the Asian session on Monday. The yen fell to 163.50 against the euro and 174.62 against the Swiss franc, from a recent near 1-month highs of 162.27 and 173.41, respectively. Against the U.S. dollar, the yen advanced to 155.14 from a recent 6-day...
The Japanese yen retreated from recent highs against other major currencies in the Asian session on Monday, after the Bank of Japan Governor Kazuo Ueda said the future interest rate decisions will be data-dependent and avoided giving clear idea about the timing of the next rate hike. At each monetary policy meeting, the BoJ will...
Asian stocks turned in a mixed performance on Monday due to renewed concerns over Trumps potential tariffs and uncertainty over Feds policy. The dollar rose against the yen in Asian trading and oil eked out modest gains amid signs of escalating tensions between Russia and Ukraine. Gold rose nearly 1 percent after witnessing a sharp...
German stocks were modestly higher in cautious trade on Monday as investors awaited speeches from European Central Bank policymakers including chief Christine Lagarde later in the day for new hints about whether the central bank will cut interest rates again when it meets in December. Upcoming regional inflation data, euro zone November flash PMIs and...
French stocks struggled for direction on Monday as investors awaited speeches from ECB policymakers including chief Christine Lagarde later in the day for interest rate guidance. Lingering concerns over potential impacts from U.S. President-elect Donald Trumps global economic policies also served to keep underlying sentiment cautious. The benchmark CAC 40 was marginally lower at 7,269...
U.K. stocks were steady on Monday amid a quiet day on the economic front. The benchmark FTSE 100 was marginally higher at 8,071 after closing 0.1 percent lower on Friday. Melrose Industries, the owner of aerospace parts maker GKN Aerospace, jumped 9 percent after reporting a 7 percent rise in revenue for the four-month period...
European stocks struggled for direction on Monday as investors awaited speeches from ECB policymakers including chief Christine Lagarde later in the day for interest rate guidance. Lingering concerns over potential impacts from U.S. President-elect Donald Trumps global economic policies also served to keep underlying sentiment cautious. The pan European STOXX 600 was down 0.3 percent...