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China Q2 GDP Growth Misses Expectations
As the re-opening boost started to fade, China's economy expanded at a slower-than-expected pace in the second quarter, strengthening the call for more stimulus that prop up domestic demand. Gross domestic product logged an annual growth of 6.3 percent in the second quarter, faster than the 4.5 percent expansion in the first quarter, the National Bureau of Statistics reported Monday.
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vor 672 Tagen
Sensex, Nifty Scale Fresh Record Highs
Indian shares rose notably on Monday to reach new record highs despite weak cues from global markets after China reported disappointing GDP data.
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vor 672 Tagen
European Shares Edge Lower On China Growth Concerns
European stocks traded lower on Monday after data showed the Chinese economy grew just 0.8 percent in the June quarter, down from 2.2 percent in the first three months of 2023.
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vor 672 Tagen
FTSE 100 Declines As Miners And Housebuilders Drag
U.K. stocks traded lower on Monday, with mining stocks declining after data showed the Chinese economy grew just 0.8 percent in the June quarter, down from 2.2 percent in the first three months of 2023.
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CAC 40 Drops On China Concerns
French stocks fell notably on Monday after a slew of Chinese data including reports on GDP, industrial output and retail sales proved to be a mixed bag, raising concerns about economic recovery in the world's second-largest economy.
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DAX Little Changed In Lackluster Trade; Banks Gain
German stocks were little changed on Monday after China's GDP data for the second quarter came in below estimates, raising concerns about recovery in the world's second-largest economy.
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Asian Shares Edge Lower On China Recovery Concerns
Asian stocks ended lower on Monday as Chins published mixed data, adding to concerns about economic recovery in the world's second-largest economy.
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Antipodean Currencies Slide On Soft China GDP Data
The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major rivals in the Asian session on Monday, after the Chinese economy grew less than expected in the second quarter.
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European Economic News Preview: Italy Final Inflation Data Due
Final inflation from Italy is the only major economic data due on Monday, headlining a very light day for the European economic news. At 4.00 am ET, Italy's Istat publishes final consumer and harmonized prices for June. The initial estimate showed consumer price inflation eased to 6.4 percent in June from 7.6 percent in May. The statistical office is expected to confirm the preliminary estimate.
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vor 672 Tagen
European Shares To See Cautious Start After Mixed China Data
European stocks are likely to open a tad lower on Monday as investors await more U.S. economic data and corporate earnings this week for directional cues.
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NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Monday.
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vor 672 Tagen
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Monday.
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vor 672 Tagen
Sensex, Nifty Little Changed In Lackluster Trade
Indian shares opened on a flat note Monday, tracking muted cues from global markets.
The benchmark S&P BSE Sensex was down 20 points at 66,040 while the broader NSE Nifty index was up 4 points at 19,568.
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vor 672 Tagen
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