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European Shares May See Cautious Gains At Open As China Data Disappoints
European stocks are likely to open on a steady note Wednesday after major U.S. indexes rebounded overnight from a recent losing streak.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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Sensex, Nifty Open Higher As US Recession Worries Ease
Indian shares opened on a positive note Wednesday, tracking firm cues from global markets as upbeat U.S. economic data helped ease investor concerns about an impending recession.
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Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from global markets overnight, as traders react to a batch of upbeat US economic data that could significantly impact opinions regarding whether the Fed will follow through on its forecast interest rate hikes. Asian markets closed mixed on Tuesday.
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Sensex, Nifty Set To Follow Global Peers Higher; F&O Expiry Eyed
Indian shares may open higher on Wednesday, with underlying sentiment likely to be helped by firm global cues and domestic data showing that India's current account deficit narrowed to 0.2 percent of GDP in Q4 of FY23.
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Japanese Market Notably Higher
The Japanese stock market is notably higher on Wednesday, snapping a four-session losing streak, with the Nikkei 225 moving above the 32,700 level, following the broadly positive cues from global markets overnight, with gains in exporters, technology and financial stocks.
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Australian Market Notably Higher
The Australian stock market is notably higheron Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 7,100 level, following the broadly positive cues from global markets overnight, with gains in technology and financial stocks partially offset by losses in gold miners.
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TSX Ends On Firm Note As Soft Inflation Data Lifts Sentiment
Canadian stocks closed higher on Tuesday as cooler-than-expected consumer price inflation data helped underpin sentiment.
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Dollar Drifts Lower Against Major Rivals
Despite fairly strong economic data, the U.S. dollar shed ground against most of its major counterparts on Tuesday, while the Euro firmed, following comments from European Central Bank President Christine Lagarde.
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Swiss Market Ends Flat
Swiss stocks started off on a positive note on Tuesday, but retreated soon and spent much of the day's session in negative territory before settling flat.
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Major European Markets Close Slightly Higher
European stocks closed slightly higher on Tuesday with investors weighing comments from central bank officials, and closely following reports about the likelihood of additional stimulus from the Chinese government to boost the nation's economic growth.
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Canadian Dollar Falls As Inflation Eases
The Canadian dollar dropped against its major counterparts in the New York session on Tuesday, as the nation's consumer inflation slowed to a two-year low in May, reducing expectations for another rate hike next month.
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Canadian Market Modestly Higher After Inflation Slows
The Canadian market is modestly higher Tuesday morning with cooler-than-expected inflation data aiding sentiment.
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