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DAX Slips Amid Energy Supply Crunch
German stocks fell sharply on Monday as a supply squeeze fueled Europe's worst energy crunch in decades.
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1122 days ago
Asian Shares Mostly Lower Amid China COVID Curbs
Asian stocks ended broadly lower on Monday as upbeat U.S. jobs data rekindled worries over aggressive policy tightening and parts of China's financial hub faced more rounds of mass testing to fight rising COID-19 infections.
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1122 days ago
European Economics Preview: Italy Retail Sales Data Due
Retail sales data from Italy is due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway publishes consumer and producer prices for June. Consumer price inflation is forecast to rise to 5.9 percent from 5.7 percent in May.
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1122 days ago
European Shares Set To Drift Lower On Rate Hike Worries
European stocks are seen opening lower on Monday, with tech stocks likely to suffer heavy losses as benchmark U.S. 10-year Treasury yields steadied near one-week high and Tesla CEO Elon Musk informed Twitter that he wants to terminate the $44 billion, $54.20-a-share deal.
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1122 days ago
Sensex, Nifty Open Lower On Weak Asian Cues; IT Stocks Drag
Indian shares opened lower on Monday, with IT and telecom stocks leading losses. A cautious undertone prevailed as Treasury yields climbed after the release of upbeat U.S. jobs data.
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1122 days ago
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Monday, following the mixed cues from Wall Street on Friday, as the dollar strengthened to its highest level in two years and China edged towards potential lockdowns after a surge in COVID-19 cases, which ignited concerns about slowing growth. Asian markets closed mostly higher on Friday.
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1122 days ago
Sensex, Nifty Seen Lower As TCS Profit Misses Estimates
Indian shares may open on a cautious note Monday after TCS reported lower-than-expected profit and margin numbers, and upbeat U.S. jobs data suggested the inflation outlook could rise more quickly than officials had feared.
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1122 days ago
more news
Narrow Trading Range Expected For Thai Stock Market
The Thai stock market on Friday snapped the two-day winning streak in which it had gathered more than 20 points or 1.3 percent. The Stock Exchange of Thailand now rests just above the 1,555-point plateau and it's likely to remain in that neighborhood again on Monday.
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1122 days ago
Japanese Market Sharply Higher
The Japanese stock market is sharply higher on Monday, extending the gains in the previous two sessions, with the Nikkei 225 moving above the 26,800 level, following the mixed cues from Wall Street on Friday, following the ruling coalition expanding its majority in an upper house election, which is expected to provide administrative stability.
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1122 days ago
Soft Start Anticipated For Indonesia Stock Market
The Indonesia stock market has moved higher in consecutive trading days, collecting almost 100 points or 1.3 percent along the way. The Jakarta Composite Index now sits just above the 6,740-point plateau although it may run out of steam on Monday.
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1122 days ago
Australian Market Modestly Lower
The Australian stock market is modestly lower on Monday, giving up some of the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 6,700 level, following the mixed cues from Wall Street on Friday, with weakness in technology and materials stocks partially by gains in energy and financial stocks.
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1122 days ago
Hong Kong Stock Market May Be Rangebound On Monday
The Hong Kong stock market has moved higher in back-to-back trading days, advancing almost 140 points or 0.7 percent along the way. The Hang Seng Index now sits just above the 21,725-point plateau and it's expected to remain in that neighborhood again on Monday.
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1122 days ago
Japan Core Machine Orders Sink 5.6% In May
The value of core machine orders in Japan was down a seasonally adjusted 5.6 percent on month in May, the Cabinet Office said on Monday - coming in at 908.8 billion yen.
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1122 days ago
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