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Asian Markets Mostly Lower Amid Cautious Trades
Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from European markets overnight, as traders remained cautious after China's central bank did not introduce further stimulus as speculated to prop up its flagging economic recovery. Meanwhile, the central bank cut some of its key lending rates for the first time in 10 months.
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699 days ago
Sensex, Nifty Set To Follow Asian Peers Lower
Indian shares may open a tad lower on Tuesday as investors look ahead to Fed Chair Jerome Powell's testimonies and the Bank of England's rate decision due this week for clues on the monetary policy path ahead.
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699 days ago
Japanese Market Modestly Lower
The Japanese stock market is modestly lower on Tuesday, extending the losses in the previous session, with the Nikkei 225 falling below the 33,300 level, following the broadly negative cues from European markets overnight, and traders also continued to book profits after the recent rally that pushed the markets to fresh 33-year highs.
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699 days ago
Australian Market Modestly Lower
The Australian stock market is modestly higher on Tuesday, extending the gains in the previous six sessions, with the benchmark S&P/ASX 200 moving above the 7,300 level, despite the broadly negative cues from European markets overnight, with slight gains in mining and energy stocks amid higher commodity prices.
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699 days ago
TSX Ends Weak For 2nd Straight Session
The Canadian market ended modestly lower on Monday after moving in a very tight band in lackluster trade.
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699 days ago
Canadian Market Modestly Lower In Lackluster Trade
The Canadian market is down in negative territory Monday afternoon in lackluster trade, weighed down by losses in industrials and consumer discretionary sectors.
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699 days ago
Swiss Market Ends Lower On Weak Global Cues
The Switzerland market ended notably lower on Monday, in line with markets across Europe, as worries about the impact of monetary tightening on global growth, and caution ahead of the Federal Reserve Chairman Jerome Powell's congressional testimonies weighed on stocks.
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699 days ago
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European Stocks Close Notably Lower
European stocks ended notably lower on Monday as investors weighed the likely impact of monetary tightening and looked ahead to the Bank of England's monetary policy and Federal Reserve Chair Jerome Powell's congressional testimonies, due later in the week.
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699 days ago
U.S. Homebuilder Confidence Improves Much More Than Expected In June
The National Association of Home Builders released a report on Monday showing homebuilder confidence in the U.S. has improved by much more than expected in the month of June. The report said the NAHB/Wells Fargo Housing Market Index jumped to 55 in June from 50 in May. Economists had expected the index to inch up to 51.
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699 days ago
U.S. Dollar Advances In Cautious Trade
The U.S. dollar climbed against other major currencies in the European session on Monday, amid concerns over China's economic growth and ahead of testimony from Federal Reserve Chair Jerome Powell due this week.
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699 days ago
UK Housing Market Undergoes Early Summer Slowdown: Rightmove
British housing affordability constraints as well as fading price expectations among sellers brought forward the usual summer slowdown, property website Rightmove said on Monday. House prices dropped only GBP 82 in June, Rightmove said. This marked the first monthly decrease in asking prices this year and also the first drop in June since 2017.
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699 days ago
Bay Street Likely To Open On Weak Note
Weak European stocks and lower commodity prices point to a negative open for stocks on Bay Street Monday morning.
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699 days ago
Sensex, Nifty Give Up Initial Gains On Weak Global Cues
Indian shares ended Monday's session marginally lower, tracking weak cues from global markets.
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699 days ago
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