European Shares Set To Extend Losses On Risk Aversion

RTTNews | Před 1144 dny

(RTTNews) - European stocks look set to extend recent losses on Tuesday as renewed worries about interest rate rises and an escalation in the Ukraine war sapped investors' appetite for riskier assets.

Risk aversion gripped global markets amid renewed Russian attacks on Ukraine cities and the U.S. decision to send more military aid to Ukraine.

Concerns persist about the U.K.'s fiscal and inflation outlook, notwithstanding a flurry of announcements designed to calm U.K. debt markets.

Chip-related stocks are tumbling in Japan, South Korea, Taiwan, China and Hong Kong in the wake of U.S. export curbs aimed to cut China off from certain semiconductor chips made anywhere in the world with U.S. equipment.

The U.S. dollar hit multi-year highs and U.S. Treasury yields climbed, while gold extended losses for a fifth day after Chicago Fed president Charles Evans said there is a strong consensus at the Federal Reserve to raise the target policy rate to around 4.5 percent by February and hold it there for most of 2023.

Separately, Fed Vice Chair Lael Brainard laid out a case for exercising caution, saying that previous rate increases were starting to slow the economy and the full brunt of tighter policy would not be felt for months to come.

Oil prices inched lower in Asian trade after falling nearly 2 percent in the U.S. trading session on demand concerns.

Labour market statistics from the U.K. is due later in the session, headlining a light day for the European economic news.

Overnight, U.S. stocks closed lower for a fourth straight session as concerns over aggressive monetary policy tightening and increased geopolitical risks lifted the dollar gauge to the highest level this month.

The Dow slipped 0.3 percent, the S&P 500 shed 0.8 percent and the tech-heavy Nasdaq Composite fell 1 percent.

European stocks also extended losses for a fourth day running on Monday amid heightened geopolitical tensions and news of fresh lockdowns in China.

The pan European Stoxx 600 eased 0.4 percent. The German DAX finished marginally lower while France's CAC 40 index and the U.K.'s FTSE 100 both fell around half a percent.

Indian Shares Slightly Higher In Early Trade

Indian shares were slightly higher on Friday despite weak cues from other Asian markets.

RTTNews | Před 2 h 4 min

Australian Market Slightly Higher In Mid-market

The Australian market is slightly higher in mid-market moves on Friday, adding to the gains in the previous four sessions, following the positive cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is above the 8,600 level, with gains gold miners and technology stocks nearly offset by weakness in iron ore miners and financial stocks.

RTTNews | Před 2 h 53 min

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the positive cues from European markets and lack of cues from Wall Street overnight, as traders continue to react to optimism about an interest rate cut by the US Fed in December after three Fed officials recently voiced their preference for lowering rates further and soft US economic data. Asian markets ended mostly higher on Thursday.

RTTNews | Před 2 h 59 min

Indian Shares Likely To Open On Cautious Note

Indian shares look set to open on a subdued note Friday as a global equity rally over the past week lost momentum.

RTTNews | Před 3 h 45 min

Japanese Market Slightly Lower

Snapping a three-session losing streak, the Japanese market is slightly lower in choppy trading on Friday, following the slightly positive cues from European markets and lack of cues from Wall Street overnight. The Nikkei 225 is falling below the 50,150 level, with weakness in exporters and technology stocks partially offset by gains in financial stocks.

RTTNews | Před 4 h 50 min

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Friday after opening in the red, adding to the gains in the previous four sessions, following the positive cues from European markets and lack of cues from Wall Street. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains gold miners and technology stocks partially offset by weakness in iron ore miners and financial stocks.

RTTNews | Před 5 h 8 min

Canadian Dollar Advances Against Most Majors

The Canadian dollar firmed against its most major counterparts in the New York session on Thursday.

RTTNews | Před 5 h 52 min

Canadian Stocks Held Ground Amid US Fed Rate Cut Expectations

Canadian stocks posted incremental gains on Thursday, after yesterday's record high close, as expectations of U.S. Federal Reserve rate cut gathers more steam while profit taking from recent gains cut halted the momentum briefly earlier in the session.

RTTNews | Před 9 h 32 min

EURUSD	1.15867	GBPUSD	1.32317	AUDUSD	0.6526
USDJPY	156.301	USDCAD	1.40338	USDCHF	0.80491