European Shares Struggle For Direction Ahead Of ECB Lagarde's Speech

RTTNews | 283日前
European Shares Struggle For Direction Ahead Of ECB Lagarde's Speech

(RTTNews) - European stocks struggled for direction on Monday as investors awaited speeches from ECB policymakers including chief Christine Lagarde later in the day for interest rate guidance.

Lingering concerns over potential impacts from U.S. President-elect Donald Trump's global economic policies also served to keep underlying sentiment cautious.

The pan European STOXX 600 was down 0.3 percent at 501.67 after falling 0.8 percent on Friday.

The German DAX and France's CAC 40 both slid around 0.2 percent, while the U.K.'s FTSE 100 was up 0.1 percent.

The EUR/USD consolidated above 1.0500 ahead of key regional inflation data and euro zone November flash PMIs due later in the week.

Nvidia, the world's most valued company by market capitalization will declare its third quarter results on Wednesday, with traders watching for guidance about the company's demand for its Blackwell AI chips.

In corporate news, Dutch technology investor Prosus rallied 1.2 percent and Naspers, the owner of Takealot, Media24 and more, gained 1.6 percent after posting better-than-expected interim earnings.

Melrose Industries, the owner of aerospace parts maker GKN Aerospace, jumped 9 percent in London after reporting a 7 percent rise in revenue for the four-month period ended Oct. 31 and reiterating outlook for the rest of the year.

AstraZeneca fell more than 1 percent despite receiving EU approval for its lung cancer drug.

Elementis gained 1 percent. The specialty chemicals firm announced that its chief executive officer Paul Waterman would step down following nine years at the helm.

Vivendi SA shares were down about 1 percent. The French media company today announced its expectations for its audio, visual content provider Canal+, and public relations firm, Havas SA. The two units are scheduled to be listed next month.

read more
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 1時28分前
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | 1時43分前
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | 2時26分前
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | 2時34分前
Thai Bourse May Halt Losing Streak On Thursday

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.
RTTNews | 2時43分前
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 2時51分前
Indonesia Shares Tipped To Open In The Green

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.
RTTNews | 3時13分前