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CAC 40 Declines On China Growth Concerns

French stocks declined on Tuesday, as investors digested weak GDP data from China and looked forward to earnings from Goldman Sachs and Morgan Stanley due later in the day for directional cues.
RTTNews | Před 850 dny
Australia Consumer Confidence Logs Biggest Monthly Rise In 21 Months

Australia Consumer Confidence Logs Biggest Monthly Rise In 21 Months

Australia's consumer confidence improved for the second straight month in January to mark its biggest monthly rise since April 2021, as consumers got a temporary boost due to an interval from the Reserve Bank's rate hikes, although the overall economic picture is still gloomy, survey results from Westpac showed on Tuesday.
RTTNews | Před 850 dny
Zero Covid Policy Damps China 2022 GDP Growth

Zero Covid Policy Damps China 2022 GDP Growth

China's strict zero-covid policy took the economic growth to one of the weakest in decades, but the lifting of stringent measures over December is widely expected to boost industrial production, exports and retail sales in the new year. The second largest economy grew only 3.0 percent in 2022, marking the weakest expansion in decades, figures from the National Bureau of Statistics revealed on Tu
RTTNews | Před 850 dny
Japanese Govt. To Present Nominees For BoJ Top Jobs On February 10

Japanese Govt. To Present Nominees For BoJ Top Jobs On February 10

Japanese government is set to present its nominees for the new Bank of Japan Governor and two deputy chiefs on February 10, reports said Tuesday, citing unnamed government and ruling party officials. The Japanese parliament convenes on January 23. There is also the likelihood of the date of presenting nominees being pushed forward by several days depending on developments in the parliament.
RTTNews | Před 850 dny
European Economic News Preview: UK Labor Market Data Due

European Economic News Preview: UK Labor Market Data Due

Labor market statistics from the UK and economic sentiment from Germany are the top economic news due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK unemployment data. The jobless rate is seen unchanged at 3.7 percent in three months to November.
RTTNews | Před 850 dny
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Asian Markets Mostly Lower Amid Weak China Data

Asian Markets Mostly Lower Amid Weak China Data

Asian stock markets slipped in to the red on Tuesday, despite the positive cues from European markets overnight, as traders reacted to weak fourth-quarter economic data emerging from China, which reported its second-lowest annual economic growth in almost 50 years. Traders are also assessing stubborn inflation, possible recession and the growth outlook for the markets.
RTTNews | Před 850 dny
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is sharply higher on Tuesday, recouping some of the losses in the previous two sessions, with the Nikkei 225 moving to nearly the 26,200 level, following the positive cues from European markets overnight, with gains in heavyweight stocks and technology stocks. Traders are also cautious as the Bank of Japan kicks off a two-day monetary policy meeting.
RTTNews | Před 850 dny
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market modestly higher on Tuesday after being in the red at open, extending the gains in the previous fourth sessions, with the benchmark S&P/ASX 200 moving to just below the 7,400 level at nine-month highs, following the positive cues from European markets overnight, after domestic data showed consumer sentiment growing for a second straight month in January.
RTTNews | Před 850 dny

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