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Asian Shares Follow Wall Street Higher On US Inflation Relief
Asian stocks followed Wall Street higher on Monday after the Federal Reserve's preferred inflation gauge came in below expectations, fueling hopes for more rate cuts by the U.S. Federal Reserve in 2025.
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248 days ago
UK Economy Flatlines In Q3
The UK economy stalled in the third quarter as the services sector posted nil growth and the moderate expansion in construction was offset by the fall in industrial production, the Office for National Statistics reported Monday. Real gross domestic product remained flat in the third quarter, which was revised down from the 0.1 percent rise estimated initially. This follows a 0.4 percent expansion.
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248 days ago
European Shares Seen Broadly Higher As US Averts Government Shutdown
European stocks are likely to open mostly higher on Monday, heading into a holiday-shortened week.
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248 days ago
European Economic News Preview: UK GDP Data Due
Quarterly GDP data from the UK is the only major economic report due on Monday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP data. The economy is forecast to grow marginally by 0.1 percent, as initially estimated in the third quarter, following a 0.5 percent expansion in the second quarter.
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248 days ago
Sensex, Nifty Open Higher; Metal Stocks And Financials Outperform
Indian shares were sharply higher in early trade on Monday after data showed the Fed's preferred reading on consumer price inflation rose less than expected in November, helping ease worries about the outlook for U.S. interest rates.
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248 days ago
Asian Markets A Sea Of Green
Asian stock markets are a sea of green on Monday, following the broadly positive cues from Wall Street on Friday, as traders remain cautiously optimistic on an improved outlook for interest rates after data showing a slower than expected pace of acceleration in US consumer price inflation raised hopes for more interest rate cuts by the US Fed next year. Asian markets closed mixed on Friday.
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248 days ago
Australian Market Extends Gains In Mid-market
The Australian stock market is extending its gains in mid-market trading on Monday, snapping a three-session losing streak, with the benchmark S&P/ASX 200 index moving well above the 8,100.00 level, with gains across most sectors led by technology, mining and energy stocks.
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248 days ago
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Sensex, Nifty To Open On Upbeat Note As Fed Worries Ease
Indian shares look set to open on an upbeat note Monday after five straight sessions of losses.
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248 days ago
Thai Stock Market May Stop The Bleeding On Monday.
The Thai stock market has moved lower in back-to-back sessions, stumbling almost 35 points or 2.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,365-point plateau although it may find traction on Monday.
RTTNews
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248 days ago
Indonesia Stock Market May Extend Friday's Gains
The Indonesia stock market on Thursday halted the six-day losing streak in which it had plummeted more than 480 points or 5.6 percent. The Jakarta Composite Index now rests just above the 6,980-point plateau and it may pick up steam on Monday.
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248 days ago
Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Monday, snapping a six-session losing streak. The benchmark S&P/ASX 200 is moving a tad above the 39,000 mark, following the broadly positive cues from Wall Street on Friday, with gains across most sectors led by index heavyweights, exporters and technology stocks.
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248 days ago
Higher Open Anticipated For Hong Kong Stock Market
The Hong Kong stock market has moved lower in two straight sessions, shedding more than 140 points or 0.7 percent along the way. The Hang Seng Index now rests just above the 19,720-point plateau although it's got a firm lead for Monday's trade.
RTTNews
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248 days ago
Australian Market Notably Higher
The Australian stock market is currently trading notably higher on Monday, snapping a three-session losing streak, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,100.00 level, with gains across most sectors led by technology and financial stocks.
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248 days ago
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