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New York Manufacturing Index Plunges Much More Than Expected In September
A report released by the Federal Reserve Bank of New York on Monday showed a substantial downturn by New York manufacturing activity in the month of September.
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vor 2 Tagen
UK Stocks Turning In Mixed Performance
The UK stock market's benchmark FTSE 100 is roughly flat about an hour past noon on Monday, with stocks turning in a mixed performance. Shares of mining companies are exhibiting weakness due to data showing a slowdown in China's industrial output in the month of August.
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vor 2 Tagen
Dollar Slips As Rate Cut Hopes Deepen
The U.S. Dollar declined during the week ended September 12 amidst renewed hopes of a rate cut by the Federal Reserve on September 17.
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vor 2 Tagen
Pound Rises: Traders Await BoE Monetary Policy Decision
The British pound strengthened against other major currencies in the European session on Monday, as investors await the Federal Reserve's (Fed) and the Bank of England's (BoE) monetary policy announcements on Wednesday and Thursday.
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vor 2 Tagen
CAC 40 Rises Sharply; Kering, Thales Among Strong Gainers
Despite Fitch Ratings lowering France's long-term credit rating, citing climbing debt and political instability, the French stock market is up in positive territory on Monday with investors looking ahead to the policy announcements from the Federal Reserve, the Bank of England and the Bank of Japan this week.
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vor 2 Tagen
Sensex, Nifty Snap Winning Streak, Settle On Weak Note
The major Indian stock indices Sensex and the Nifty ended on a weak note on Monday as investors chose to take some profits ahead of the Federal Reserve's monetary policy announcement due later this week.
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vor 2 Tagen
DAX Modestly Higher In Cautious Trade
The German stock market is up in positive territory on Monday with investors making some selective purchases ahead of key central bank policy meetings later this week. The Federal Reserve, the Bank of England and the Bank of Japan are scheduled to make their monetary policy announcements this week.
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vor 2 Tagen
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Monday.
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vor 2 Tagen
China Industrial Output, Retail Sales Miss Expectations
China's industrial production and retail sales grew at weaker than expected rates in August and fixed asset investment logged only a meagre growth, strengthening the call for both monetary and fiscal stimulus. Industrial output expanded 5.2 percent on a yearly basis in August, weaker than the 5.7 percent increase in July, the National Bureau of Statistics reported Monday.
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vor 2 Tagen
European Economic News Preview: Eurozone Foreign Trade Data Due
Foreign trade from Eurozone and wholesale prices from Germany are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for August. Economists forecast prices to rise 0.2 percent month-on-month, reversing a 0.1 percent fall in July.
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vor 2 Tagen
Australian Market Slashes Early Losses In Mid-market
The Australian stock market is slashing its early losses in mid-market trading on Monday, giving up some of the gains in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,850.00 level, with weakness in mining stocks and a mixed performance across other sectors.
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vor 2 Tagen
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, as traders remain cautious ahead of the anticipated interest rate cut after recent US data signaled softer labor conditions and muted inflation. The escalating geopolitical concerns in the Middle East are also weighing on market sentiment. Asian markets closed mostly higher on Friday.
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vor 2 Tagen
Rally May Stall For Thai Stock Market
The Thai stock market has moved higher in six straight sessions, adding more than 40 points or 3.3 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,295-point plateau although it may be stuck in neutral on Monday.
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vor 2 Tagen
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