European Shares Edge Lower Before Year-end

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(RTTNews) - European stocks were moving lower in cautious trade on Monday after all three major U.S. averages sold off Friday, thwarting the seasonal Santa Claus rally on concerns about rising bond yields.

Traders also braced for the New Year holiday, with several regional markets set to close early on Tuesday.

Over the weekend, European Central Bank Governing Council member Robert Holzmann told Austrian newspaper Kurier that the ECB may delay its next interest rate cut due to a recent increase in inflation.

In Italy, the Senate on Saturday passed the government's deficit-cutting 2025 budget that is focussed on tax cuts and debt control measures.

Elsewhere in France, the country's new finance minister said in a newspaper interview that the delayed 2025 budget bill will target a deficit of slightly above 5 percent in order to protect growth.

The pan European STOXX 600 was down 0.3 percent at 505.60 but was still on course for a 6 percent annual gain.

The German DAX, France's CAC 40 and the U.K.'s FTSE 100 were down between 0.1 percent and 0.3 percent.

Italy's Eni rose half a percent after the energy major said it started production of phase two at its Baleine oil field, offshore Ivory Coast.

Novartis AG was little changed after announcing positive results from Phase III STEER study evaluating intrathecal onasemnogene abeparvovec.

Siemens Healthineers fell more than 1 percent after Siemens AG's Chief Financial Officer Ralf Thomas told the Handelsblatt newspaper that the company is reviewing its majority stake in medical technology subsidiary.

BayWa jumped 13 percent after the renewables firm announced plans to reduce its employees to 1500 by the end of 2027 from 4250 now as part of a restructuring.

China-related LVMH, Hermes International and Kering all were moving lower ahead of Chinese manufacturing PMI data due on Tuesday.

Shares of aerospace company Rolls-Royce Holding fell about 1 percent in London.

South Korea's transport ministry said it was "reviewing plans to conduct a special inspection on (Boeing) B737-800 aircraft" after a flight from Bangkok to Muan International Airport in South Korea crash landed, killing 179 of 181 people on board.

Sensex, Nifty Set To Open Lower Amid Rising Global Bond Yields

Indian shares look set to open on a weak note on Wednesday, with trade tensions and caution ahead of the two-day Goods and Services Tax (GST) Council meeting, scheduled for Sept 3-4, likely to keep investors on edge.

RTTNews | il y a 40 minutes

Win Streak May End For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, adding more than a dozen points or 1 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,250-point plateau although the rally may stall on Wednesday.

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Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Wednesday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 42,250 level, with weakness in index heavyweights, financial and technology stocks partially offset by gains in exporter stocks.

RTTNews | il y a 1h 28min

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market on Wednesday ended the two-day winning streak in which it had picked up almost 620 points or 2.4 percent. The Hang Seng Index now sits just shy of the 25,500-point plateau and it's expected to open in the red again on Wednesday.

RTTNews | il y a 1h 48min

Australian Market Notably Lower

Australian shares are trading notably lower on Wednesday, adding to the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling well below the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining stocks.

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China Shares May Take Further Damage On Wednesday

The China stock market on Tuesday wrote a finish to the three-day winning streak in which it had improved more than 75 points or 2 percent. The Shanghai Composite Index now sits just shy of the 3,860-point plateau and the losses may accelerate on Wednesday.

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Taiwan Bourse May Extend Losing Streak

The Taiwan stock market has finished lower in four straight sessions, slumping more than 500 points or 2 percent along the way. The Taiwan Stock Exchange now sits just above the 24,000-point plateau and it may take further damage on Wednesday.

RTTNews | il y a 2h 36min

Singapore Shares: Resistance Expected At 4,300 Points

The Singapore stock market has moved higher in five straight sessions, collecting more than 50 points or 1.2 percent in that span. The Straits Times Index now sits just shy of the 4,300-point plateau, although it may run out of steam on Wednesday.

RTTNews | il y a 3h 3min

EURUSD	1.16286	GBPUSD	1.33687	AUDUSD	0.65226
USDJPY	148.846	USDCAD	1.37908	USDCHF	0.80544