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European Shares Seen Subdued Ahead Of Powell's Speech
European stocks may open lower on Wednesday as investors pause for breath after three days of gains.
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vor 1132 Tagen
Sensex, Nifty Decline On Growth Slowdown Worries
Indian shares followed global peers lower on Wednesday amid doubts over whether the Federal Reserve can avoid a bruising economic downturn.
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vor 1132 Tagen
European Economics Preview: Germany Flash Inflation Data Due
Flash inflation data from Germany and economic confidence from euro area are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Sweden releases household lending data for May. At 3.00 am ET, Spain's INE publishes flash consumer and harmonized prices for June and retail sales for May. EU harmonized inflation is seen at 8.7 percent.
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vor 1132 Tagen
Asian Markets Mostly Lower On Recession Worries
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues overnight from Wall Street, after weak US consumer confidence data stoked fear among investors about the risk that higher interest rates and persistent inflation could trigger a recession. Asian Markets closed mostly higher on Tuesday.
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vor 1132 Tagen
Sensex, Nifty Set To Drift Lower On Growth Worries
Indian shares look set to open lower on Wednesday as investors fret over rising oil prices and a possible recession. The FII sell-off is another reason that market participants are worried about.
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vor 1132 Tagen
Thai Stock Market: Resistance Expected At 1,600 Points
The Thai stock market has climbed higher in three straight sessions, advancing more than 35 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,595-point plateau although it may spin its wheels on Wednesday.
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vor 1132 Tagen
Japanese Market Sharply Lower
The Japanese stock market is sharply lower on Wednesday, giving up some of the gains in the previous four sessions, with the Nikkei 225 staying above the 26,700 level, following the broadly negative cues overnight from Wall Street, dragged by exporters and technology stocks, which mirrored their peers on tech-heavy Nasdaq amid discouraging US consumer confidence data.
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vor 1132 Tagen
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Indonesia Stock Market May Extend Losing Streak
The Indonesia stock market has moved lower in back-to-back sessions, slipping almost 50 points or 0.8 percent along the way. The Jakarta Composite Index now rests just beneath the 7,000-point plateau and it may take further damage on Wednesday.
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vor 1132 Tagen
Australia Retail Sales Jump 0.9% On Month In May
The value of retail sales in Australia was up a seasonally adjusted 0.9 percent on month in May, the Australian Bureau of Statistics said on Wednesday - coming in at A$34.229 billion.
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vor 1132 Tagen
Australian Market Sharply Lower
The Australian stock market is sharply lower on Wednesday, giving up some of the gains in the previous four sessions, with the benchmark S&P/ASX 200 falling below the 6,700 level, following the broadly negative cues overnight from Wall Street, with technology stocks tumbling to mirror their peers on tech-heavy Nasdaq after discouraging data on US consumer confidence.
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vor 1132 Tagen
Hong Kong Stock Market May Run Out Of Steam On Wednesday
The Hong Kong stock market has moved higher in four straight sessions, soaring more than 1,400 points or 6.7 percent along the way. The Hang Seng Index now rests just beneath the 22,420-point plateau although investors may cash in on Wednesday.
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vor 1132 Tagen
China Stock Market Due For Profit Taking On Wednesday
The China stock market has moved higher in four straight sessions, improving more than 140 points or 4.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,410-point plateau although it may run out of steam on Wednesday.
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vor 1132 Tagen
Taiwan Stock Market May Extend Tuesday's Losses
The Taiwan stock market on Tuesday snapped the two-day winning streak in which it had rallied more than 370 points or 1.5 percent. The Taiwan Stock Exchange now rests just beneath the 15,440-point plateau and it may take further damage on Wednesday.
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vor 1132 Tagen
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