Soft Start Seen For China Stock Market

The China stock market has tracked higher in two straight sessions, collecting almost 35 points or 1 percent along the way. The Shanghai Composite now sits just beneath the 3,370-point plateau although it may open in the red on Thursday. The global forecast for the Asian markets is murky, with mild downside likely from the...

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European Shares Poised To Open On Firm Note

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...

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Yen Retreats Against Majors

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...

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