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European Shares Likely To Open On Sluggish Note Ahead Of Busy Week
European stocks are seen opening on a sluggish note Monday as investors look ahead to key inflation data from the United States and Europe as well as a meeting of oil producers due later in the day week for direction.
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vor 561 Tagen
European Economic News Preview: UK CBI Distributive Trade Data Due
The Distributive Trades survey data from the UK is due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway releases retail sales and household spending data. Economists forecast sales to fall 0.3 percent on month in October, the same pace of decrease as seen in September. In the meantime, Statistics Sweden publishes household lending data for October.
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vor 561 Tagen
Asian Markets Mostly Lower Amid Cautious Trades
With the mood remaining a bit cautious amid concerns about interest rates and the impact of higher borrowing costs on global economic growth, Asian stock markets are mostly lower on Monday, following the mixed cues from Wall Street on Friday. Traders now await key economic data from the U.S., China and Europe later in the week for additional clues about the outlook for interest rates.
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vor 561 Tagen
Indian Markets Closed For Guru Nanak Jayanti
Indian markets remain closed today on account of Guru Nanak Jayanti.
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vor 561 Tagen
Japanese Market Modestly Lower
After opening in the green, the Japanese stock market is currently trading modestly lower on Monday, giving up some of the gains in the previous two sessions. The benchmark S&P/ASX 200 is falling well below the 33,600 level, following the mixed cues from Wall Street on Friday, with weakness in exporters partially offset by gains in technology and financial stocks.
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vor 561 Tagen
Thai Stock Market May End Losing Streak
The Thai stock market has moved lower in three straight sessions, slumping more than 25 points or 1.7 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,400-point plateau, although it's likely to reclaim that mark on Monday.
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vor 561 Tagen
Australian Market Modestly Lower
After opening in the green, the Australian stock market is currently trading modestly lower on Monday, giving up the gains in the previous session. The benchmark S&P/ASX 200 is staying above the 7,000.00 mark, following the mixed cues from Wall Street on Friday, with a sell-off in iron ore miners amid lower prices, partially offset by gains in gold miners.
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vor 561 Tagen
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Indonesia Stock Market May Extend Winning Streak
The Indonesia stock market has finished higher in two straight sessions, climbing most than 100 points or 1.4 percent in that span. The Jakarta Composite Index now sits just shy of the 7,010-point plateau and it may add to its winnings again on Monday.
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vor 561 Tagen
Hang Seng May See Renewed Support
The Hong Kong stock market on Friday ended the two-day winning streak in which it had collected almost 180 points or 1.1 percent. The Hang Seng Index now sits just beneath the 17,560-point plateau although it's expected to cut into those losses on Monday.
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vor 561 Tagen
Mild Rebound Anticipated For China Stock Market
The China stock market headed south again on Friday, one session after ending the two-day slide in which it had declined almost 25 points or 0.8 percent. The Shanghai Composite Index now sits just above the 3,040-point plateau although it may tick higher again on Monday.
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vor 561 Tagen
Taiwan Bourse May Find Traction On Monday
The Taiwan stock market has finished lower in three straight sessions, stumbling almost 130 points or 1.8 percent along the way. The Taiwan Stock Exchange now sits just beneath the 17,290-point plateau although it figures to stop the bleeding on Monday.
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vor 561 Tagen
Singapore Bourse May Reclaim 3,100-Point Level
The Singapore stock market has tracked lower in consecutive trading days, slumping more than 20 points or 0.6 percent along the way. The Straits Times Index now sits just beneath the 3,095-point plateau, although it may find traction on Monday.
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vor 561 Tagen
Malaysia Shares Expected To Be Rangebound On Monday
The Malaysia stock market on Friday snapped the two-day slide in which it had slipped more than 8 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,455-point plateau and it's likely to remain in that neighborhood again on Monday.
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vor 561 Tagen
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