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Actualités Forex
DAX Edges Higher Ahead Of Busy Week For Economic Data
German stocks advanced on Monday ahead of a slew of key U.S. and Chinese data due this week and the European Central Bank's next rate decision Thursday, with the central bank expected to hike all three policy rates by 25 basis points.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Monday.
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Asian Shares Mixed As Investors Await US, China Data
Asian stocks ended mixed on Monday as investors braced for key U.S. and Chinese economic data due this week for directional cues.
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Commodity Currencies Rise Against Most Majors
Commodity currencies such as the Australia, the New Zealand and the Canadian dollars strengthened against their most major currencies in the late Asian session on Monday.
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China Inflation To Rebound On Economic Recovery
China's consumer price inflation is set to rebound further over the coming months as the economy is set to recover moderately driven by policy measures, Capital Economics' economists said. Official data released over the weekend showed that consumer prices climbed 0.1 percent annually in August, reversing a 0.3 percent drop in July, which was the first decline since February 2021.
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Restaurant Brands' Firehouse Subs To Open More Than 100 Restaurants In Middle East
Restaurant Brands International Inc. is teaming with Dubai's fashion and lifestyle retail conglomerate Apparel Group to develop and open more than 100 restaurants under its Firehouse Subs brand across UAE and Oman in the next decade. The agreement marks the global expansion of Firehouse Subs, a strong and growing player within the Quick Service Restaurant or QSR sandwich category in the U.S.
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European Economic News Preview: Italy Industrial Production Data Due
Industrial production from Italy is the only major data due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway publishes consumer and producer prices for August. Inflation is expected to ease marginally to 5.3 percent from 5.4 percent in July.
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more news
European Shares Seen Up On Improved China Inflation Data
European stocks are seen opening higher on Monday as investors react to improved inflation data from China.
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Sensex, Nifty Open Higher Despite Muted Global Cues
Indian shares opened on a firm note Monday despite muted cues from global markets.
The benchmark S&P BSE Sensex was up 193 points, or 0.3 percent, at 66,792 in early trade while the broader NSE Nifty index was up 67 points, or 0.3 percent, at 19,886.
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Asian Markets Mostly Weak
Asian stock markets is trading mostly lower on Monday, despite the positive cues from global markets on Friday, as recent economic data has led to worries the US Fed may leave rates higher for longer than previously anticipated. The escalating Sino-U.S. tensions and the potentially hawkish remarks by the Bank of Japan governor over the weekend are also weighing on the markets.
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Sensex, Nifty Poised For Flat Open
Indian shares look set to open flat to slightly lower on Monday as investors react to a cautious global market atmosphere. Profit booking after six consecutive sessions of gains may also weigh on markets at open.
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Japanese Market Modestly Lower
The Japanese stock market is modestly lower in choppy trading on Monday after opening in the green, extending the losses in the previous two sessions, with the Nikkei 225 falling below the 32,600 level, despite the positive cues from global markets on Friday, dragged by weakness in technology stocks partially offset by gains in financial stocks.
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Thai Shares Tipped To Bounce Higher Again On Monday
The Thai stock market on Friday snapped the modest two-day winning streak in which it had risen just 2 points or 0.16 percent. The Stock Exchange of Thailand now sits just beneath the 1,550-point plateau although it's likely to see renewed support on Monday.
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