European Shares Poised For Mixed Open

RTTNews | vor 161 Tagen

(RTTNews) - European stocks may open on a mixed note Wednesday, with geopolitical tensions and the Fed's interest-rate decision likely to be in the spotlight.

Geopolitical tensions intensified, with Iran-backed Houthi rebels claiming their fourth attack on a U.S. warship in the Red Sea within 72 hours and Israel saying ceasefire negotiations with Hamas will only take place 'under fire'.

Russian President Vladimir Putin has ordered a 30-day pause on strikes on Ukraine's energy sites but insists peace depends on the "complete cessation" of Western military and intelligence aid.

Asian markets were muted while the yen held steady after the Bank of Japan held rates as expected.

The euro hovered close to the five-month high it reached on Tuesday after Germany's parliament approved plans for a significant increase in spending.

The dollar index was little changed ahead of the Federal Reserve's monetary policy announcement later in the day.

The U.S. central bank may keep rate steady, but the accompanying statement as well as the latest projections may provide clues about the outlook for rates in 2025.

Traders are pricing in 58 basis points of easing this year from the Fed, with the first cut fully priced in for July, according to LSEG data.

Gold hovered near record highs while oil held a decline after industry data pointed to a build in U.S. crude stockpiles.

U.S. stocks pulled back overnight after a two-day rally. As recession fears rise, encouraging industrial production and housing data helped cap overall losses to some extent.

The tech-heavy Nasdaq Composite fell 1.7 percent, the S&P 500 shed 1.1 percent and the Dow eased 0.6 percent amid concerns over President Trump's on-again-off-again tariff policy.

European stocks closed higher on Tuesday after Germany's Bundestag approved a crucial fiscal package, allowing the country to increase defense spending and infrastructure investment.

The pan European STOXX 600 gained 0.6 percent. The German DAX rallied 1 percent, France's CAC 40 rose half a percent and the U.K.'s FTSE 100 edged up by 0.3 percent.

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending it early gains in mid-market moves on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.

RTTNews | vor 56 Minuten

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and seem reluctant to make significant moves ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation, which could impact the outlook for interest rates.

RTTNews | vor 1Std 0 Minuten

Mild Upside Seen For Thai Stock Market

The Thai stock market on Tuesday ended the two-day winnings streak in which it had picked up almost 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to move back to the upside again on Wednesday.

RTTNews | vor 2Std 27 Minuten

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying below the 42,400 level, with a mixed performance across all sectors.

RTTNews | vor 2Std 45 Minuten

Indonesia Shares May Reverse Tuesday's Losses

The Indonesia stock market headed south again on Tuesday, one day after snapping the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,900-point plateau although it's looking to bounce higher again on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead.

RTTNews | vor 2Std 57 Minuten

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains in mining and financial stocks.

RTTNews | vor 3Std 3 Minuten

Hong Kong Shares Expected To Open To The Upside

The Hong Kong stock market on Tuesday ended the two-day winning streak in which it had advanced more than 825 points or 3.4 percent. The Hang Seng Index now rests just above the 25,520-point plateau although it may find renewed support on Wednesday.

RTTNews | vor 3Std 12 Minuten

Higher Open Called For China Stock Market

The China stock market on Tuesday halted the four-day winning streak in which it had rallied almost 160 points or 4.4 percent. The Shanghai Composite Index now sits just beneath the 3,870-point plateau although it may move back to the upside again on Wednesday.

RTTNews | vor 3Std 27 Minuten

EURUSD	1.16175	GBPUSD	1.34523	AUDUSD	0.64887
USDJPY	147.908	USDCAD	1.38418	USDCHF	0.80509