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Actualités Forex
Elon Musk Becomes World's Richest Person Again
Tesla founder and CEO Elon Musk has regained his title as the world's richest person after a surge in the luxury electric car maker's stock price, according to Bloomberg billionaires Index. The fortune of Musk, which is mainly tied to Tesla, was estimated to be around $187.1 billion as of Monday after markets closed. Musk was in top spot since September 2021 until he lost the title...
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DAX Falls On Inflation Concerns
German stocks fell on Tuesday after data showed French and Spanish inflation rose more than expected in February, increasing pressure on the European Central Bank to keep raising rates.
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Asian Shares Mostly Higher In Cautious Trade
Asian stocks ended mostly higher on Tuesday as China recovery hopes outweighed concerns about further hikes in U.S. interest rates.
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European Economic News Preview: France Flash Inflation, Revised GDP Data Due
Revised quarterly national accounts and flash consumer prices from France are due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's import prices for January. Import prices are forecast to fall 1.5 percent on month, following a 1.6 percent decrease in December.
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European Shares May See Modest Gains At Open
European shares may see cautious gains at open on Tuesday as investors look ahead to the release of preliminary inflation prints France, Spain, Germany, Italy and the euro zone due this week for clues on the path of future rate hikes this year.
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Sensex, Nifty Marginally Higher In Early Trade; Metal Stocks Underperform
Indian shares opened on a positive note Tuesday, tracking firm cues from global markets and ahead of Q3FY23 GDP data to be released later in the day.
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Asian Markets Mostly Higher On Global Cues
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from global markets overnight, as traders continued to pick up stocks at reduced levels following heavy selling last week. They are also concerned about the outlook for interest rates as recent economic data has led to worries the Federal Reserve will raise rates more than currently anticipated.
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Sensex, Nifty Likely To See Cautious Gains As Investors Await GDP Numbers
Indian shares look set to open a tad higher on Tuesday as investors react to positive global cues and await Q3 GDP data. Experts predict moderation in the growth momentum year-on-year due to base effects. However, sequential growth may show improvement.
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Japanese Market Notably Higher
The Japanese stock market is notably higher on Tuesday, recouping the slight losses in the previous session, with the Nikkei 225 moving above the 27,500 level, following the broadly positive cues from global markets overnight, driven by gains in technology stocks.
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Thai Stock Market Overdue For Support On Tuesday
The Thai stock market has moved lower in four straight sessions, sinking more than 40 points or 2.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,625-point plateau although it's tipped to open in the green on Tuesday.
The global forecast for the Asian markets is positive, mostly on bargain hunting following heavy selling last week. The European and U.S. markets were up and the Asian bourses figure to follow suit.
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Indonesia Market Tipped To Bounce Higher Again On Tuesday
The Indonesia stock market on Monday ended the two-day winning streak in which it had gathered almost 50 points or 0.8 percent. The Jakarta Composite Index now sits just beneath the 6,855-point plateau although it's likely to rebound on Tuesday.
The global forecast for the Asian markets is positive, mostly on bargain hunting following heavy selling last week. The European and U.S. markets were up and the Asian bourses figure to follow suit.
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Australian Market Notably Higher
The Australian stock market notably higher on Tuesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 7,200 level, following the broadly positive cues from global markets overnight, with gains across most sectors, led by gains in mining and energy stocks amid firmer commodity prices.
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Japan Industrial Production Sinks 4.6% In January
Industrial production in Japan was down a seasonally adjusted 4.6 percent on month in January, the Ministry of Economy, Trade and Industry said on Tuesday.
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