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European Economic News Preview: Eurozone Consumer Confidence Data Due
(RTTNews) - Consumer sentiment survey data from the euro area and monthly report from Bundesbank are the major economic reports due on Monday. At 6.00 am ET, Germany's central bank is scheduled to issue monthly report for October. At 8.00 am ET, money supply data is due from Poland.
At 10.00 am ET, the European Commission is set to publish euro area flash consumer sentiment survey data. The consumer sentiment index is forecast to fall to -18.3 in October from -17.8 in September.
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Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, amid a broad selloff in global technology stocks mirroring a sharp selloff in heavyweight U.S. technology shares on apprehensions that intense enthusiasm surrounding artificial intelligence could be overdone after reports stated that Nvidia is developing a new AI chip for China.
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27 minutes ago
Sensex, Nifty Set To Open Lower As Tech-led Selloff Hits Asia
Indian shares look set to open lower on Wednesday amid a broad selloff in global technology stocks.
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52 minutes ago
Losing Streak May Continue For Thai Stock Market
The Thai stock market has finished lower in four straight sessions, slipping more than 40 points or 3.5 percent along the way. The Stock Exchange of Thailand now sits just above the 1,235-point plateau and it may extend its losses again on Wednesday.
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1h 28min ago
Japanese Market Sharply Lower
The Japanese stock market is trading sharply lower on Wednesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling well below the 43,000 mark, with weakness in index heavyweights and technology stocks partially offset by gains in automakers and financial stocks.
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1h 50min ago
Indonesia Stock Market Tipped To Open Under Water
The Indonesia stock market has moved lower in consecutive trading days, falling almost 70 points or 0.9 percent along the way. The Jakarta Composite Index now sits just above the 7,860-point plateau and it's likely to remain stuck in neutral again on Wednesday.
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1h 58min ago
Australian Market Modestly Lower
Australian shares are trading modestly lower on Wednesday, adding to the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 8,900 level, following the mixed cues from Wall Street overnight, with weakness in mining, energy and technology stocks partially offset by gains in financial stocks.
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2h 9min ago
Soft Start Expected For Hong Kong Stock Market
The Hong Kong stock market has moved lower in four straight sessions, slumping more than 480 points or 1.7 percent along the way. The Hang Seng Index now rests just above the 25,120-point plateau and it may continue to sputter on Wednesday.
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2h 13min ago
China Shares May Test Support At 3,700 Points On Wednesday
The China stock market on Tuesday snapped the two-day winning streak in which it had gained more than 60 points or 1.7 percent. The Shanghai Composite Index now sits just beneath the 3,730-point plateau and it's likely to open under water again on Wednesday.
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2h 28min ago
