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Asian Shares Tumble After BoJ Policy Move
Asian stocks tumbled on Tuesday and the yen surged against the dollar after the Bank of Japan said it would review its yield curve control policy and widened its target band for interest rates - a move that analysts said would allow long-term interest rates to rise more.
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Před 959 dny
China Leaves 1-Year Lending Rate Unchanged At 3.65%
China retained its benchmark lending rate for the fourth straight month on Tuesday, providing no hope for the beleaguered housing market and the struggling economy. The People's Bank of China kept its one-year loan prime rate, or LPR, unchanged at 3.65 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 4.30 percent.
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Před 959 dny
Walgreens, CVS Limit Purchases Of Kids' Pain Relief Drugs
Amid a surge in multiple respiratory illnesses among children throughout the United States, pharmacies including Walgreens and CVS Pharmacy are limiting purchases of children's pain relief medicines citing supplier challenges and increased consumer demand. As per reports, Walgreens have limited online purchases to six pain drugs for kids per transaction, but there's no limit at retail stores.
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Před 959 dny
European Shares May See Gap-down Opening On BoJ Surprise Yield Shift
European stocks look set to open sharply lower on Tuesday amid signs that central bankers around the world might be willing to risk causing a recession in order to control inflation.
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Před 959 dny
European Economics News Preview: Eurozone Current Account, Consumer Confidence Due
Current account and consumer confidence from the euro area are the top economic news due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is slated to publish Germany's producer prices for November. Economists forecast producer price inflation to ease to 30.6 percent from 34.5 percent in October.
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Před 959 dny
Sensex, Nifty Follow Global Peers Lower
Indian shares opened lower on Tuesday, as Treasury yields climbed and the dollar strengthened on expectations of higher Fed fund rates.
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Před 959 dny
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders remain concerned aggressive monetary policy moves by central banks across the world could tip the global economy into recession next year. Traders continued to refrain from creating fresh long positions. Asian markets closed mostly lower on Monday.
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Před 959 dny
more news
Sensex, Nifty Set For Weak Start As Bond Yields Climb
Indian shares are seen opening on a tepid note Tuesday as recession fears grip world markets.
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Před 959 dny
Losing Streak May Continue For Thai Stock Market
The Thai stock market has finished lower in three straight sessions, sinking more than 15 points or 0.9 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,620-point plateau and it's expected to open under pressure again on Tuesday.
The global forecast for the Asian markets is mixed to lower on concerns over the health of the global economy and the outlook for interest rates. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.
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Před 959 dny
Japanese Market Modestly Higher
The Japanese stock market is modestly higher in choppy trading on Tuesday, snapping the three-session losing streak, with the Nikkei 225 moving above the 27,300 level, despite the broadly negative cues from Wall Street overnight, with traders buying stocks at a bargain after the recent losses, while remaining cautious ahead of the Bank of Japan's decision on interest rates later in the day.
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Před 959 dny
Indonesia Stock Market Predicted To Open Under Pressure On Tuesday
The Indonesia stock market turned lower again on Monday, one session after snapping the two-day slide in which it had slumped almost 60 points or 0.8 percent. The Jakarta Composite Index now rests just beneath the 6,780-point plateau and it's expected to extend its losses on Tuesday.
The global forecast for the Asian markets is mixed to lower on concerns over the health of the global economy and the outlook for interest rates. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.
RTTNews
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Před 959 dny
Australian Market Significantly Lower
The Australian stock market significantly lower on Tuesday, extending the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling below the 7,100 level, following the broadly negative cues from Wall Street overnight, with weakness across most sectors, led by losses in resources and technology stocks.
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Před 959 dny
Losses May Accelerate For Hong Kong Stock Market
The Hong Kong stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had gathered almost 210 points or 1.1 percent. The Hang Seng Index now sits just above the 19,350-point plateau and it's likely to open in the red again on Tuesday.
The global forecast for the Asian markets is mixed to lower on concerns over the health of the global economy and the outlook for interest rates. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.
RTTNews
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Před 959 dny
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