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Asian Shares Decline On US Debt Ceiling Worries
Asian stocks hit two-month lows on Thursday and the dollar rose on safe-haven demand as the impasse in negotiations to raise the U.S. debt ceiling and warnings of a possible U.S. credit rating downgrade spooked investors.
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790天前
Germany Enters Recession In Q1
German economy entered a technical recession in the first quarter of this year as household consumption slumped amid the rising cost of living that is fueled by high inflation, revised data from the statistical office Destatis showed Thursday. Gross domestic product declined a seasonally and calendar adjusted 0.3 percent from the fourth quarter of last year, when the economy shrunk 0.5 percent.
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790天前
U.S. Dollar Rises As U.S. Debt Ceiling Concerns Linger
The U.S. dollar strengthened against other major currencies in the Asian session on Thursday, as lingering concerns about U.S. lawmakers' ability to reach an agreement on increasing the U.S. debt ceiling continued. Traders remain worried about reports suggesting a lack of progress towards a deal.
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790天前
European Shares Seen Slightly Higher In Cautious Trade
European stocks may open higher on Thursday despite U.S. debt ceiling talks showing no progress.
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790天前
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Thursday.
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790天前
European Economic News Preview: Germany Revised GDP Data Due
Revised quarterly national accounts from Germany and business confidence from France are the only major economic reports due on Thursday. At 2.00 am ET, Destatis is scheduled to issue Germany's revised GDP data for the first quarter. The initial estimate showed that the largest euro area economy stagnated after shrinking 0.5 percent in the fourth quarter.
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790天前
Sensex, Nifty Open Lower On Weak Global Cues
Indian shares opened a tad lower on Thursday as U.S. debt ceiling talks dragged on and the dollar strengthened on increased risk aversion.
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790天前
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Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from global markets overnight, as lingering concerns about US lawmakers' ability to reach an agreement on increasing the U.S. debt ceiling continued. Traders remain worried about reports suggesting a lack of progress towards a deal. Asian Markets closed mostly lower on Wednesday.
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790天前
Sensex, Nifty Seen Tad Lower At Open
Indian shares are seen lower at open on Thursday as U.S. debt ceiling talks remain at impasse and helped lift the dollar, which printed a fresh 10-week high.
U.S. House Speaker Kevin McCarthy, R-Calif., told reporters the two sides remain "far apart," with ongoing talks hitting a snag over Republicans' demand for spending cuts.
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790天前
Japanese Market Notably Higher
The Japanese stock market is notably higher on Thursday, recouping the losses in the previous two sessions, with the Nikkei 225 just below the 30,800 level, despite the broadly negative cues from global markets overnight, boosted by strong gains in the technology sector, partially offset by losses in most other sectors.
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790天前
Win Streak May End For Thai Stock Market
The Thai stock market has moved higher in three straight sessions, gathering almost 25 points or 1.4 percent along the way. The Stock Exchange of Thailand now sits just above the 1,535-point plateau although it figures to run out of steam on Thursday.
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790天前
Win Streak May End For Indonesia Stock Market
The Indonesia stock market has moved higher in four straight sessions, collecting more than 85 points or 1.3 percent along the way. The Jakarta Composite Index now rests just above the 6,745-point plateau although it may run out of steam on Thursday.
RTTNews
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790天前
Australian Market Notably Lower
The Australian stock market is notably lower on Thursday, extending the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling below the 7,200 level, following the broadly negative cues from global markets overnight, with losses across most sectors, led by mining and energy stocks amid tumbling commodity prices. Technology stocks were a bright spot.
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790天前
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