European Shares Mixed Ahead Of US GDP Data

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(RTTNews) - European stocks advanced to hit a seven-week high on Thursday as investors reacted to a slew of earnings updates and less-hawkish-than-feared messaging from Fed Chair Jerome Powell.

The pan European Stoxx 600 edged up 0.2 percent to 428.95 after gaining half a percent in the previous session.

Other key indexes reversed course to slip into the red after the latest U.S. earnings proved to be a mixed bag.

Facebook parent Meta Platforms Inc. posted its first ever quarterly sales decline and Qualcomm forecast fourth-quarter revenue below Wall Street targets, while Ford Motor Co.'s performance beat estimates.

U.S. GDP data for the second quarterly will be released later in the day and economists expect negative growth.

Investors also awaited a phone call between U.S. President Joe Biden and China's Xi Jinping, which could touch on U.S. tariffs and other points of tension.

The German DAX dipped 0.4 percent, France's CAC 40 was marginally lower while the U.K.'s FTSE 100 was dipped 0.2 percent.

British energy giant Shell rose 1.2 percent after its second-quarter profit jumped more than five-fold.

Franco-Italian chipmaker STMicroelectronics rallied 2.2 percent after its second-quarter revenue exceeded analysts' estimates.

Spanish lender Banco Santander fell nearly 3 percent after missing profit estimates.

Miner Anglo American surged 4.6 percent after backing its FY22 production view.

Telecommunications group BT slumped 5.7 percent after reporting lower pre-tax profit in the first quarter.

French utility EDF was marginally lower after reporting a historic loss for the first half of 2022.

Accor plunged 7.5 percent while Schneider Electric surged 4 percent after reporting their financial results.

German healthcare firm Fresenius plummeted 9 percent after cutting its FY outlook.

Automaker Volkswagen added 2.5 percent after confirming its FY22 view.

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

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Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 1घंटे 7 मिनट पहले

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 1घंटे 10 मिनट पहले

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

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Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 1घंटे 27 मिनट पहले

China Stock Market Due For Consolidation

The China stock market has moved higher in four straight sessions, advancing almost 160 points or 4.4 percent along the way. The Shanghai Composite Index now sits just above the 3,880-point plateau although it may see profit taking on Tuesday.

RTTNews | 1घंटे 40 मिनट पहले

Taiwan Bourse May Hand Back Monday's Gains

The Taiwan stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had gained more than 600 points or 2.6 percent. The Taiwan Stock Exchange now rests just above the 24,275-point plateau although it's expected to open to the downside on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water. For the day, the index surged 512.91 points or 2.16 points to finish at 24,277.38 after trading between 24,108.75 and 24,362.02. Among the actives, Mega Financial and United Microelectronics Corporation both eased 0.12 percent, while Fubon Financial jumped 1.93 percent, E Sun Financial and Formosa Plastics both sank 0.74 percent, Taiwan Semiconductor Manufacturing Company accelerated 3.08 percent, Hon Hai Precision rallied 2.47 percent, Largan Precision added 0.42 percent, MediaTek soared 3.30 percent, Novatek Microelectronics climbed 1.18 percent, Nan Ya Plastics surged 3.53 percent, Asia Cement gained 0.40 percent and Cathay Financial, CTBC Financial and Catcher Technology were unchanged.

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Singapore Stock Market Tipped To Open In The Red

The Singapore stock market has climbed higher in five straight sessions, improving almost 70 points or 1.6 percent along the way. The Straits Times Index now sits just above the 4,255-point plateau although investors may lock in gains on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2घंटे 40 मिनट पहले

EURUSD	1.16382	GBPUSD	1.3468	AUDUSD	0.64803
USDJPY	147.522	USDCAD	1.38495	USDCHF	0.80465