French stocks were little changed on Monday as robust U.S. jobs data released on Friday lifted bond yields. After U.S. employers added more jobs than expected in September, traders have pared bets that the Federal Reserve will cut rates again by 50 basis points at its November 6-7 meeting. According to the CME Groups FedWatch...
European stocks were subdued on Monday due to pressure from higher bond yields following robust U.S. jobs data released last week. Sentiment was also dented after official data showed Germanys factory orders declined at a faster-than-expected pace in August. According to preliminary figures from data Destatis, incoming new orders contracted 5.8 percent on a monthly...
The British pound weakened against other major currencies in the European session on Monday, amid growing worries about Israels potential retaliation against Iran for a missile attack and robust U.S. jobs data signaled economic resilience but prompted trades to pare bets on aggressive Federal Reserve interest-rate cuts. Today marks a year after the Palestinian militant...
Indian shares gave up early gains to end deep in the red on Monday due to lingering Middle East headwinds, continued FII outflows, and caution ahead of an upcoming RBI monetary policy meeting, the release of September-quarter corporate earnings and the outcome of state elections in Haryana and Jammu and Kashmir on October 8. The...
Ahead of the long break for National Day, the China stock market had tracked higher in nine straight sessions, surging more than 630 points or 23.3 percent in that span. The Shanghai Composite now sits just above the 3,335-point plateau although its likely to see profit taking on Tuesday. The global forecast for the Asian...
The Hong Kong stock market has moved higher in back-to-back sessions, gathering almost 1,000 points or 4.6 percent along the way. The Hang Seng Index now sits just beneath the 23,100-point plateau although its likely to open to the downside on Tuesday. The global forecast for the Asian markets is soft, ahead of key economic...
The Indonesia stock market on Monday snapped the three-day losing streak in which it had stumbled nearly 150 points or 2 percent. The Jakarta Composite Index now rests just above the 7,500-point plateau although its tipped to open in the red on Tuesday. The global forecast for the Asian markets is soft, ahead of key...
Japan posted a current account surplus of 3.804 trillion yen in August, the Ministry of Finance said on Tuesday. That beat forecasts for a surplus of 2.43 trillion yen and was up from 2.80 trillion yen in July. Imports were up 1.3 percent on year to 8.766 trillion yen, while imports climbed an annual 6.2...
The average of household spending was down 1.9 percent on year in August, the Ministry of Economy, Trade and Industry said on Tuesday - coming in at 297,487 yen. That beat forecasts for a decline of 2.6 percent following the 0.1 percent increase in July. The average of monthly income per household stood at 574,334...
The Thai stock market has moved higher in two straight sessions, gathering almost 10 points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and its looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, ahead of key economic...