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Bay Street Seen Opening On Mixed Note
Canadian shares are likely to open on a mixed note on Thursday with investors tracking commodity prices and largely making cautious moves amid renewed concerns about U.S. government's tariff moves.
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UK Manufacturing Orders Improve In April
UK manufacturing orders improved in April but export orders deteriorated sharply as tariff tensions escalate, the Industrial Trends Survey results from the Confederation of British Industry revealed on Thursday.
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FTSE Down Marginally In Cautious Trade
UK stocks are slightly weak on Thursday as renewed concerns about U.S. government's trade policy and uncertainty about U.S. tariffs on China weigh on sentiment.
U.S. has signaled it willingness to reduce tariffs on China, but only through mutual agreement. China has denied any ongoing talks with Washington.
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Sensex, Nifty Snap Seven-day Winning Streak
Indian shares ended slightly lower on Thursday as trade war fears resurfaced and India announced strong diplomatic actions against Pakistan, following a deadly terror attack in Jammu and Kashmir that killed 26 people.
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German Ifo Business Sentiment Strengthens In April
German business confidence improved in April despite trade tariff uncertainty weighing on expectations, survey results from the the Munich-based ifo Institute revealed on Thursday. The ifo business climate index rose to 86.9 points from 86.7 points in March. The score was forecast to fall to 85.1.
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CAC 40 Modestly Lower; Renault Rallies On Positive Outlook
French stocks are exhibiting weakness on Thursday amid renewed concerns about U.S. tariffs on imports from China. Investors are also digesting a slew of earnings updates and French consumer sentiment data.
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DAX Recovers After 200 Points Fall; Adidas Rises On Strong Earnings
German stocks are down in negative territory on Thursday amid uncertainty about U.S. tariffs on China and other countries, and on a mixed batch of earnings updates from European companies. Also, investors are looking to take some profits after previous session's sharp upmove.
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European Shares Drift Lower As Investors Assess Earnings
European stocks traded lower on Thursday as the situation on U.S. tariffs on China remained unclear and earnings proved to be a mixed bag.
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Asian Shares Mixed As Tariff Concerns Resurface
Asian stocks ended mixed on Thursday as trade war concerns resurfaced following mixed signals from the Trump administration regarding easing tariffs on Chinese imports.
U.S.-China trade deal optimism faded after U.S. Treasury Secretary Scott Bessent said there were no plans for President Trump to move first in lowering tariffs to ease Sino-U.S. tensions, echoing comments from White House spokesperson Karoline Leavitt that there will be no unilateral reduction in tariffs against China.
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Australian Dollar Falls Amid RBA Rate Cut Speculation
The Australian dollar weakened against other major currencies in the Asian session on Thursday, as some traders speculate that the Reserve Bank of Australia (RBA) is likely to lower interest rates by 25 basis points at its next month meeting.
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NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
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European Economic News Preview: German Ifo Business Confidence Due
Business sentiment from Germany and consumer confidence from France are due on Thursday, headlining a light day for the European economic news. At 2.45 am ET, France's statistical office INSEE releases consumer confidence survey results. The consumer sentiment index is forecast to fall to 91 in April from 92 in March.
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