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European Economics Preview: Eurozone Flash PMI Data Due

Flash Purchasing Managers' survey results from eurozone and the UK are due on Thursday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK public sector finance data for May. The budget deficit is expected to narrow to GBP 13.2 billion from GBP 17.8 billion in April.
RTTNews | 1135 days ago
European Shares Set To Drift Lower As Recession Fears Take Hold

European Shares Set To Drift Lower As Recession Fears Take Hold

European stocks are seen opening slightly lower on Thursday after Federal Reserve Chair Jerome Powell gave his most explicit acknowledgment to date that monetary policy is famously a blunt tool and there is a risk of recession.
RTTNews | 1135 days ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, despite the broadly negative cues overnight from the global markets, as traders are slightly relived after US Federal Reserve Chair Jerome Powell said the central bank is not trying to engineer a recession to stop inflation but is fully committed to bringing prices under control, even at the risk of an economic slowdown.
RTTNews | 1135 days ago
Sensex, Nifty Set To Open On Steady Note

Sensex, Nifty Set To Open On Steady Note

Indian shares are likely to open higher on Thursday after Wall Street's main indexes ended little changed overnight. As recession worries mount, the recent decline in oil price may help ease inflation worries on the domestic front.
RTTNews | 1135 days ago
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Thursday after being in the green in most of the morning session, extending the losses in the previous session, with the Nikkei 225 staying above the 26,100 level, following the broadly negative cues overnight from the global markets, amid worries persistent inflation and interest rate hikes could push towards a recession.
RTTNews | 1135 days ago
Soft Start Anticipated For Thai Stock Market

Soft Start Anticipated For Thai Stock Market

The Thai stock market headed south again on Wednesday, one day after halting the four-day losing streak in which it had slumped more than 40 points or 2.7 percent. The Stock Exchange of Thailand now sits just above the 1,560-point plateau and it's expected to remain in that neighborhood again on Thursday.
RTTNews | 1135 days ago
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Indonesia Stock Market May Spin Its Wheels On Thursday

Indonesia Stock Market May Spin Its Wheels On Thursday

The Indonesia stock market on Wednesday ended the two-day winning streak in which it had gathered almost 110 points or 1.7 percent. The Jakarta Composite Index now rests just beneath the 6,985-point plateau and it may be stuck in neutral again on Thursday.
RTTNews | 1135 days ago
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Thursday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 6,500 level, despite the broadly negative cues overnight from the global markets, with gains in technology and financial stocks, partially offset by weakness in materials and energy stocks.
RTTNews | 1135 days ago
Hong Kong Bourse May Remain Stuck In Neutral

Hong Kong Bourse May Remain Stuck In Neutral

The Hong Kong stock market on Wednesday ended the three-day winning streak in which it had advanced almost 825 points or 3.9 percent. The Hang Seng Index now rests just above the 21,000-point plateau and now it's got an uninspired lead for Thursday's trade.
RTTNews | 1135 days ago
Continued Consolidation Predicted For China Stock Market

Continued Consolidation Predicted For China Stock Market

The China stock market has finished lower in three straight sessions, sinking more than 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,265-point plateau and it may extend its losses on Thursday.
RTTNews | 1135 days ago
Japan Manufacturing Sector Slows In June - Jibun

Japan Manufacturing Sector Slows In June - Jibun

The manufacturing sector in Japan continued to expand in June, albeit at a slower rate, the latest survey from Jibun Bank revealed on Thursday with a manufacturing PMI score of 52.7.
RTTNews | 1135 days ago
Mild Technical Rebound Likely For Taiwan Stock Market

Mild Technical Rebound Likely For Taiwan Stock Market

The Taiwan stock market turned emphatically lower again on Wednesday, one day after ending the eight-day losing streak in which it had plummeted more than 1,300 points or 8.3 percent. The Taiwan Stock Exchange now rests just beneath the 15,350-point plateau and it's expected to remain rangebound on Thursday.
RTTNews | 1135 days ago

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