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European Shares Seen Tad Lower On China Growth Concerns
European stocks are seen opening lower on Monday as Beijing reaffirmed its zero-COVID-policy and the country's trade data fell short of expectations, raising concerns about slowing economic growth.
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European Economics Preview: Germany Industrial Output Data Due
Industrial production from Germany and house prices from the UK are due on Monday, headlining a light day for the European economic news. At 1.45 am ET, the State Secretariat for Economic Affairs is scheduled to issue Swiss unemployment data for October. The jobless rate is forecast to remain unchanged at seasonally adjusted 2.1 percent.
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Sensex, Nifty Pare Early Gains On Weak China Trade Data
Indian shares pared early gains on Monday as China reported disappointing trade data, with both exports and imports contracting in October.
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Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from global markets on Friday, with strength in resources and energy stocks boosting the markets amid the spike in commodity prices. Markets were also supported by stronger-than-expected employment data from the US that helped raise hopes the US Fed would slow its pace of interest rate hikes in future.
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Sensex, Nifty Seen Higher At Open
Indian shares may see modest gains at open on Monday as investors react to a mixed U.S. jobs report released on Friday.
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Win Streak May Continue For Thai Stock Market
The Thai stock market has ticked higher in two straight sessions, although it's risen just a single point in that span. The Stock Exchange of Thailand remains just above the 1,625-point plateau and it's looking at a green light again for Monday's trade.
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Japanese Market Sharply Higher
The Japanese stock market is sharply higher on Monday, recouping some of the losses in the previous two sessions, with the Nikkei 225 moving above the 27,500 level, tracking the broadly positive cues from global markets on Friday, boosted by strong corporate earnings reports and outlook.
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Indonesia Stock Market Has Firm Lead For Monday's Trade
The Indonesia stock market rebounded on Friday, one session after ending the two-day winning streak in which it had fallen almost 85 points or 1.2 percent. The Jakarta Composite Index now rests just above the 7,045-point plateau and it's expected to extend its gains on Monday.
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Hong Kong Bourse May Extend Friday's Gains
The Hong Kong stock market soared higher again on Friday, one day after halting the two-day winning streak in which it had surged more than 1,140 points or 8 percent. The Hang Seng Index now sits just above the 16,160-point plateau and it's tipped to open in the green again on Monday.
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Australian Market Modestly Higher
The Australian stock market is modestly higher on Monday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 6,900 level, following the broadly positive cues from global markets on Friday, with strong gains in resources and energy stocks amid the spike in commodity prices.
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China Stock Market May Test Resistance At 3,100 Points
The China stock market bounced higher again on Friday, one session after ending the two-day winning streak in which it had jumped almost 110 points or 3.7 percent. The Shanghai Composite Index now sits just above the 3,070-point plateau and it may extend its gains on Monday.
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Higher Open Anticipated For Taiwan Stock Market
The Taiwan stock market moved higher again on Friday, one day after snapping the three-day winning streak in which it had advanced more than 310 points or 2.4 percent. The Taiwan Stock Exchange now rests just above the 13,025-point plateau and it's looking at another solid start for Monday's trade.
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Singapore Stock Market Tipped To Open In The Green
The Singapore stock market rebounded on Friday, one day after ending the seven-day winning streak in which it had surged more than 170 points or 5.7 percent. The Straits Times Index now rests just above the 3,130-point plateau and it's likely to open higher again on Monday.
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