U.K. stocks traded higher on Monday ahead of a busy week, with investors awaiting cues from a U.S. presidential election and interest rate decisions from the Federal Reserve and Bank of England. The Bank of England meets on Thursday, and a 25-bps rate cut is widely expected. The benchmark FTSE 100 was up 42 points,...
European stocks struggled for direction on Monday due to investor anxiety ahead of this weeks U.S. presidential election and the Federal Reserves interest-rate decision. With just 1 day until the U.S. elections, over 75 million early votes have already been cast, according to University of Florida estimates. Voters will determine whether the next president enters...
The euro area manufacturing downturn continued in October albeit at the slowest pace in five months, survey data published by S&P Global showed on Monday. The HCOB manufacturing Purchasing Managers Index increased to 46.0 in October from 45.0 in September. The flash score was 45.9. The score suggests that the sector posted its slowest fall...
Indian shares tumbled on Monday, as heightened tensions in the Middle East along with anxiety ahead of this weeks U.S. presidential election and the Federal Reserves interest-rate decision dented investors appetite for risk. Oil prices were up nearly 3 percent in European trade after OPEC+ agreed to push back its December production increase by at...
The Singapore stock market on Monday ended the two-day slide in which it had dropped almost 35 points or 1 percent. The Straits Times Index now sits just above the 3,570-point plateau although it figures to head south again on Tuesday. The global forecast for the Asian markets is flat to lower ahead of the...
The Taiwan stock market on Monday ended the four-day losing streak in which it had stumbled more than 565 points or 2.7 percent. The Taiwan Stock Exchange now rests just above the 22,965-point plateau although its likely to open under water again on Tuesday. The global forecast for the Asian markets is flat to lower...
The China stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 55 points or 1.7 percent. The Shanghai Composite now sits just above the 3,310-point plateau although its looking at a soft start on Tuesday. The global forecast for...
The Hong Kong stock market has moved higher in two straight sessions, advancing more than 250 points or 1.2 percent along the way. The Hang Seng Index now sits just above the 20,560-point plateau although its likely to open under pressure on Tuesday. The global forecast for the Asian markets is flat to lower ahead...
The manufacturing sector in Indonesia continued to contract in October, and at a steady rate, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 49.2. Thats unchanged from September, and it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. Output and new orders both fell...
The manufacturing sector in Malaysia continued to contract in October, and at a steady rate, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 49.5. Thats unchanged from September, and it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. The latest PMI reading remains consistent...
