Asian Stocks Mixed As Fed Back In Focus

RTTNews | Před 925 dny

(RTTNews) - Asian markets mostly moved lower as renewed worries about the Fed's actions drained the euphoria that followed upbeat economic data from China. Sentiment remained muted ahead of release of the Fed's Beige book which would provide glimpses into the economic landscape in the U.S.

China's Shanghai Composite Index dropped 0.68 percent to 3,370.13. The day's trading ranged between 3,364.64 and 3,394.96. The Shenzhen Component Index too declined 100 points or 0.84 percent to close at 11,760.27.

The Japanese benchmark Nikkei 225 shed 52 points or 0.18 percent to end trading at 28,606.76. The day's trading range was between 28,531.54 and 28,677.22.

Nippon Sheet Glass Co topped with gains of 3.2 percent. Credit Saison Co, Tokio Marine Holdings, Keisei Electric Railway Co and Sumitomo Metal Mining Co, all gained more than 2 percent.

Olympus Corp was the biggest laggard with an overnight decline of 2.6 percent. Taiyo Yuden Co also declined 2.3 percent. TOTO, Alps Electric Co and TDK Corp, all declined more than 1 percent.

The Hang Seng Index of the Hong Kong Stock Exchange dropped 283 points or 1.37 percent from the previous close to finish trading at 20,367.76. The day's trading range was between a high of 20,633.00 and a low of 20,336.71.

Korean Stock Exchange's Kospi Index gained 4 points or 0.16 percent to close trading at 2,575.08. The day's trading range was between 2,568.46 and 2,582.11.

Australia's S&P/ASX200 closed trading at 7,365.50 after adding 5 points or 0.07 percent.

Telix Pharmaceuticals added 5.4 percent. IGO, Gold Road Resources, AMP and De Grey Mining, all added more than 3 percent.

Lake Resources plunged 8.1 percent. The Star Entertainment Group lost 7.3 percent. Domain Holdings Australia declined 4.4 percent. Kelsian Group and Karoon Energy, both declined more than 3 percent.

The NZX 50 of the New Zealand Stock Exchange gained 34 points or 0.28 percent to close at 11,917.82. Trading ranged between 11,845.01 and 11,917.82.

Mainfreight, Fisher & Paykel Healthcare, Fonterra Shareholders Fund, Argosy Property, Ryman Healthcare all gained more than 1 percent.

Software business EROAD dropped 3.5 percent. Vista Group International, Arvida Group and Genesis Energy, all lost more than 2 percent.

Wall Street had closed on a negative note on Tuesday amidst mixed earnings updates and a firm focus on the Fed. The Nasdaq Composite shed 0.04 percent to close at 12,153.41 whereas the Dow Jones Industrial Average lost 0.03 percent to finish trading at 33,976.63.

U.S. Dollar Advances Against Majors

The U.S. dollar strengthened against its major counterparts in the New York session on Thursday.

RTTNews | Před 1 h 50 min

Swiss Market Settles Slightly Down

The Switzerland market ended slightly down on Thursday, after languishing in the red almost right through the day's session, with investors reacting to corporate earnings updates, and a report showing signs of an improved outlook in the Swiss economy.

RTTNews | Před 5 h 46 min

European Stocks Close On Mixed Note After Central Bank Decisions, Earnings Deluge

European stocks turned in a mixed performance on Thursday as investors reacted to a slew of corporate earnings announcements from the region, and digested the interest rate decisions of the Federal Reserve, the European Central Bank and the Bank of Japan.

RTTNews | Před 6 h 6 min

ECB Holds Interest Rates Steady Amid Uncertain Outlook

The European Central Bank maintained its key interest rates unchanged for a third policy session in a row on Thursday, as expected, as policymakers assessed that the outlook was broadly unchanged, but still uncertain due to global trade conflicts and geopolitical tensions.

RTTNews | Před 9 h 48 min

Eurozone GDP Growth Beats Expectations

The euro area economy expanded at a faster pace in the third quarter as France and Spain reported strong growth, while Germany and Italy experienced stagnation, amid a highly uncertain outlook due to the ongoing trade policies and political instability. Gross domestic product climbed 0.2 percent sequentially in the September quarter, preliminary flash estimate from Eurostat showed on Thursday.

RTTNews | Před 10 h 33 min

Bay Street Likely To Open Weak

Weak commodity prices, lower European stocks and U.S. and Canadian futures point to a negative start for the Canadian market on Thursday. The Federal Reserve and Bank of Canada lowered interest rates on Wednesday but have ruled out the possibility of another cut this year.

RTTNews | Před 11 h 25 min

German Economy Stagnates On Weaker Exports; Unemployment Falls

The German economy stagnated in the third quarter, narrowly dodging a recession as higher U.S. tariffs damped exports and the optimism about the fiscal stimulus faded, while unemployment logged an unexpected moderate fall. Gross domestic product remained unchanged, as expected, following a revised decline of 0.2 percent in the second quarter, the preliminary estimate from Destatis revealed on T

RTTNews | Před 11 h 28 min

FTSE 100 Moderately Lower; WPP Tanks On Lower Earnings, Forecast

The UK stock market is down in negative territory on Thursday, mirroring the trend in other major European markets, as investors react to the latest batch of earnings announcements from the domestic and global front, and some regional economic data.

RTTNews | Před 12 h 17 min

EURUSD	1.15725	GBPUSD	1.31567	AUDUSD	0.65558
USDJPY	153.963	USDCAD	1.39837	USDCHF	0.80167