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European Economics Preview: Germany Producer Price Data Due
Producer prices data from Germany is the only major statistical report due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Destatis releases Germany's producer prices for October. Producer prices are forecast to surge 41.5 percent on a yearly basis, but slower than the 45.8 percent gain posted in September.
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vor 1012 Tagen
European Shares Poised For Lower Opening Amid China Concerns
European stocks are seen opening on a tepid note Monday, as investors fret about weakening demand in China and repeated rate hikes by the Federal Reserve to cool inflation.
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vor 1012 Tagen
Thai GDP Growth Accelerates On Household Spending, Investment
Thailand's economy expanded at the fastest pace in more than a year in the third quarter on the back of strong private consumption and investment, official data revealed on Monday. Southeast Asia's second largest economy grew 4.5 percent from the last year, following second quarter's 2.5 percent expansion, the Office of the National Economic and Social Development Council reported.
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vor 1012 Tagen
Senex, Nifty Follow Asian Peers Lower
Indian shares opened lower on Monday, mirroring weak cues from other Asian markets as investors fretted about more aggressive interest-rate hikes in the United States and surging COVID-19 cases in China.
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vor 1012 Tagen
Asian Markets Trading Mostly Lower
Asian stock markets are trading mostly lower on Monday, despite the broadly positive cues from global markets on Friday, as traders reacted to the fresh COVID-19 outbreak and restrictions in China with a 5-day lockdown in Guangzhou. Traders are also concerned about the outlook for interest rate hikes ahead of the release of minutes of the US Fed's last meeting on Wednesday.
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vor 1012 Tagen
Sensex, Nifty May See Tepid Start On China COVID Worries
Indian shares look set to open lower on Monday, tracking weak cues from elsewhere across Asia.
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vor 1012 Tagen
Japanese Market Modestly Lower
The Japanese stock market is modestly lower on Monday, extending the losses in the previous two sessions, with the Nikkei 225 staying below the 27,900 level, despite the broadly positive cues from global markets on Friday, as traders remain cautious amid Bank of Japan maintaining its ultra-loose monetary policy even after data showed annual core consumer prices surged to a 40-year high in October.
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vor 1012 Tagen
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Australian Market Slightly Lower
The Australian stock market is slightly lower on Monday, recouping some of the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 7,200 level, despite the broadly positive cues from global markets on Friday, led by losses in resources, energy and technology stocks, partially offset by gains in financial stocks.
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vor 1013 Tagen
TSX Ends On Firm Note
The Canadian market ended higher on Friday after staying positive right through the day's session, thanks largely to sustained buying at several counters in communications, consumer discretionary and industrials sectors.
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vor 1015 Tagen
Dollar Rises Against Major Counterparts On Rate Hike Bets
The U.S. dollar climbed higher against is major counterparts on Friday following hawkish comments from several Fed officials, including St. Louis Fed President James Bullard.
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vor 1015 Tagen
Swiss Market Ends On Strong Note
The Switzerland stock market open on a firm note on Friday and held its course right till the end of the session to sign off on a strong note thanks to sustained buying at several counters.
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vor 1015 Tagen
European Markets Close Higher On Bargain Hunting
European markets closed higher on Friday, rebounding from recent losses, as investors picked up stocks despite lingering concerns about interest rate hikes, and a surge in Covid-19 cases in China.
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vor 1015 Tagen
Canadian Market Modestly Higher In Cautious Trade
The Canadian market is up in positive territory around noon on Friday, riding on gains in construction discretionary, communications and industrials sectors.
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vor 1015 Tagen
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