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DAX Edges Lower Ahead Of Economic Sentiment Data

DAX Edges Lower Ahead Of Economic Sentiment Data

German stocks declined on Tuesday and the euro sank to within a whisker of parity with the dollar amid worries about the impact of aggressive monetary policy tightening on economic growth.
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Asian Shares Retreat As Recession Worries Mount

Asian Shares Retreat As Recession Worries Mount

Asian stocks fell broadly on Tuesday as an energy crisis loomed over the euro zone economy and a fresh COVID-19 outbreak in China added to worries about a global economic slowdown.
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Japanese Yen Climbs Amid Cautious Trade

Japanese Yen Climbs Amid Cautious Trade

The Japanese yen advanced against its most major counterparts in the Asian session on Tuesday, as risk sentiment dampened amid continued worries over the Covid-19 outbreak in China and aggressive monetary policy tightening that risks a recession.
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European Economics Preview: Germany ZEW Economic Confidence Data Due

European Economics Preview: Germany ZEW Economic Confidence Data Due

Economic confidence data from Germany is the only major report due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, consumer prices from Romania and producer prices from Lithuania are due. Romania's inflation is seen at 15.1 percent in June versus 14.5 percent in May.
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Asian Markets Mostly Lower Amid Cautious Trades

Asian Markets Mostly Lower Amid Cautious Trades

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from global markets overnight, as investors remained cautious amid persisting worries about inflation, slowing growth and rising interest rates by major central banks pushing towards a potential recession. The new wave of COVID-19 infections in China also hurt market sentiment.
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Sensex, Nifty Set To Drift Lower On Weak Global Cues

Sensex, Nifty Set To Drift Lower On Weak Global Cues

Indian shares are likely to open lower on Tuesday, mirroring weak global cues as global growth worries mount. IT stocks would continue to remain in focus, with HCL Technologies due to unveil its quarterly earnings results later in the day.
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Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is sharply lower on Tuesday, recouping some of the losses in the previous three sessions, with the Nikkei 225 staying above the 26,300 level, following the broadly negative cues from global markets overnight, with weakness across all sectors, particularly financial and technology stocks.
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Continued Consolidation Called For Thai Stock Market

Continued Consolidation Called For Thai Stock Market

The Thai stock market has moved lower in back-to-back trading days, slipping almost 5 points or 0.3 percent along the way. The Stock Exchange of Thailand now rests just above the 1,555-point plateau and it's expected to open under pressure again on Tuesday.
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Indonesia Stock Market Tipped To Open In The Red

Indonesia Stock Market Tipped To Open In The Red

The Indonesia stock market on Monday snapped the two-day winning streak in which it had collected almost 100 points or 1.3 percent. The Jakarta Composite Index now sits just above the 6,720-point plateau and it's expected to open lower again on Tuesday.
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Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Tuesday, recouping some of the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 6,600 level, despite the broadly negative cues from global markets overnight, boosted largely by energy and financial stocks, partially offset by weakness in mining and technology stocks.
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