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European Shares Seen Up On Bets US May Lift China Tariffs
European stocks are seen opening higher on Tuesday after reports suggested that U.S. President Joe Biden is in the process of making up his mind on easing U.S. tariffs on China, in part to ease record-high inflation.
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China Service Sector Rebounds In June
China's service sector logged a sharp rebound in June as the easing of pandemic related restrictions boosted demand, survey results from S&P Global showed on Tuesday. The Caixin services Purchasing Managers' Index rose to 54.5 in June from 41.4 in May. The reading was forecast to advance moderately to 49.7.
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Sensex, Nifty Open Higher On Firm Global Cues
Indian shares opened higher on Tuesday, tracking positive cues from global markets.
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Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Tuesday, following the positive cues from European 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. Signs of new waves of COVID-19 infections in China also hurt market sentiment.
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Sensex, Nifty Set To Follow Asian Peers Higher
Indian shares look set to open on a solid footing Tuesday as investors react to positive global cues and mixed trade data.
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Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Tuesday, extending the gains in the previous session, with the Nikkei 225 moving above the 26,300 level, following the positive cues from European markets overnight, boosted by financial and technology stocks. Traders also indulged in bargain hunting after the recent three-session slide.
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Australian Market Slightly Higher
The Australian stock market is slightly higher on Tuesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 6,600 level, following the positive cues from European markets overnight, boosted largely by gold miners, energy and technology, while traders cautiously await the Reserve Bank of Australia's policy on Tuesday.
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TSX Ends On Firm Note; Energy, Materials Shares Rally
Energy and materials shares turned in a fine performance in the Canadian market on Monday and lifted the benchmark S&P/TSX Composite Index to a strong close.
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Swiss Market Climbs Higher, Firmly On Course To End Session On Strong Note
The Switzerland market is up firmly in positive territory Monday afternoon thanks to strong gains in energy and materials sections.
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Swiss Market Ends On Strong Note
The Switzerland stock market ended on a strong note on Monday in line with most of the markets across Europe, as investors shrugged off concerns about growth for now and indulged in some buying at several counters.
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Energy Stocks Lift European Markets To Positive Close
Despite persisting worries about inflation and concerns about slowing global growth, European stocks closed broadly higher on Monday, led by gains in energy section.
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Euro Higher Amid Improved Risk Sentiment
The euro moved up against its most major counterparts in the European session on Monday, as European markets advanced, though overall trading activity remains muted due to a U.S. market holiday.
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Eurozone Investor Confidence Hits 26-Month Low
Eurozone investor confidence weakened notably to a 26-month low in July, raising fears of a recession, results of a closely-watched survey showed Monday. The investor confidence index slid more-than-expected to -26.4 in July from -15.8 in June, the survey by the behavioral research institute Sentix revealed. After improving sharply in June, the score was expected to fall moderately to -19.9.
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