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Yen Rises After Japan GDP Data
The Japanese yen strengthened against other major currencies in the Asian session on Monday, after data showed that an upward revision to Japan's first quarter GDP supporting the interest rate hike expectations.
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China Consumer Prices Fall For Fourth Month; Exports Rise
China's consumer prices declined for the fourth consecutive month and the decline in producer prices worsened in May, deepening deflation worries among policymakers as domestic demand remained weak despite taking enormous measures to boost consumption.
Another report showed an increase in exports in May despite a sharp decline in shipments to the US due to trade tariff uncertainties.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Monday.
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Australian Dollar Rises As Traders Focus On US-China Trade Talks
The Australian dollar strengthened against other major currencies in the Asian session on Monday, as traders will be closely watching the US-China trade discussions because they will impact the next move in the Australian Dollar (AUD).
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European Shares Likely To Open On Soft Note
European stocks are seen opening broadly lower on Monday as investors react to Trump-Elon Musk feud over the president's tax-and-spending plan and await the high-level U.S.-China trade talks.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
RTTNews
|
69 दिनों पहले
Sensex, Nifty Open Higher On Strong US Jobs Data
Indian shares traded higher on Monday, with underlying sentiment supported by firm cues from global markets after the release of better-than-expected monthly jobs report from the U.S.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid easing trade war tensions after leaders of the U.S. and China agreed to further talks aimed at reaching a deal. Slightly stronger than expected U.S. job growth in May also helped offset concerns about the strength of the economy following some recent downbeat data.
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Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving above the 38,100 level, with gains across most sectors led by index heavyweights and financial stocks.
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Sensex, Nifty Set For Positive Start
Indian shares look set to open on a positive note Monday, tracking mostly positive cues from global markets. That said, volatility cannot be ruled out, heading into a data-heavy week both domestically and globally.
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China Consumer Prices Slip 0.1% On Year In May
China's overall inflation was down 0.1 percent on year in May, the National Bureau of Statistics said on Monday.
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Thai Stock Market May Reverse Friday's Losses
The Thai stock market headed south again on Friday, one session after ending the two-day slide in which it had slumped more than 30 points or 2.4 percent. The Stock Exchange of Thailand now rests just above the 1,135-point plateau although it figures to bounce higher again on Monday.
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Rebound Anticipated For Hong Kong Stock Market
The Hong Kong stock market on Friday ended the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 23,790-point plateau although it's likely to find renewed support on Monday.
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