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Canadian Dollar Climbs Against U.S. Dollar, Euro
The Canadian dollar strengthened against the U.S. dollar and the euro in the Asian session on Tuesday.
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NZ Dollar Advances Against U.S. Dollar, Euro
The New Zealand dollar strengthened against the U.S. dollar and the euro in the Asian session on Tuesday.
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Australian Dollar Rises Against Most Majors
The Australian dollar strengthened against most major currencies in the Asian session on Tuesday.
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Inflation Worries Seen Weighing On European Market Sentiment
European stock markets are seen opening on a weak note on Tuesday amidst worries about inflation, ahead of the release of crucial inflation indicators.
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Sensex Down Marginally; Adani Group Shares Rally
Indian shares are turning in a mixed performance Tuesday morning with investors looking for directional clues. Activity is mostly stock specific and movements are a bit range-bound.
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European Economic News Preview: Germany Consumer Confidence Data Due
Consumer confidence survey results from Germany and France are due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, the market research group Gfk is scheduled to issue Germany's consumer confidence survey results. The forward-looking consumer sentiment is expected to rise to -27.9 in December from -28.1 in November.
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Novartis Recalls Sandimmune Oral Solution
Swiss drug major Novartis AG is recalling two lots of its Sandimmune Oral Solution (cyclosporine oral solution, USP), 100 mg/mL at the consumer level in the US, the U.S. Food and Drug Administration said. The recall was initiated after crystal formation was observed in some bottles, which could potentially result in incorrect dosing.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly negative cues from global markets overnight, as traders seemed reluctant to make significant moves ahead of the release of some key economic data in the coming days. Most currencies in the region also strengthened against the US dollar. Asian markets closed mostly lower on Monday.
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Indian Shares Likely To Open On Subdued Note
Mixed Asian markets and the overnight weak close on Wall Street are pointing to a somewhat subdued start in the Indian stock market, where trading resumes Tuesday morning after an extended weekend.
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Japanese Market Modestly Lower
Extending the losses in the previous session, the Japanese stock market is modestly lower on Tuesday, with the Nikkei 225 falling well below the 33,400 level, following the broadly negative cues from global markets overnight, dragged by weakness in some index heavyweights.
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No Help Yet For Thai Stock Market
The Thai stock market has moved lower in four straight sessions, slumping more than 30 points or 2.1 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,395-point plateau and it's looking at another soft start again on Tuesday.
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Indonesia Stock Market May Run Out Of Steam On Tuesday
The Indonesia stock market has finished higher in three straight sessions, climbing more than 100 points or 1.4 percent in that span. The Jakarta Composite Index now sits just above the 7,010-point plateau although investors may cash in on Tuesday.
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