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DAX Rebounds On Strong Industrial Orders Data
German stocks rebounded on Wednesday after data showed the country's factory orders unexpectedly expanded in May underpinned by the rise in demand from the non-euro area countries.
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1130 days ago
Asian Shares Mostly Lower On Recession Fears
Asian stocks ended broadly lower on Wednesday as recession worries took center stage and investors awaited an update from the FOMC meeting minutes due later in the day.
RTTNews
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1130 days ago
Japanese Yen Advances Amid Rising Risk Aversion
The Japanese yen strengthened against its major counterparts in the Asian session on Wednesday, amid rising risk aversion as worries about a recession intensified.
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1130 days ago
German Factory Orders Unexpectedly Rise In May
Germany's factory orders unexpectedly expanded in May underpinned by the rise in demand from the non-euro area countries, data from Destatis showed on Wednesday. New orders grew 0.1 percent month-on-month in May, in contrast to the revised 1.8 percent decline in April and the expected fall of 0.6 percent.
RTTNews
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1130 days ago
European Shares Seen Up In Cautious Trade
European stocks are likely to open higher on Wednesday after Wall Street stocks bounced back from an early slide to end on a mixed note overnight, thanks to a recovery in technology stocks.
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1130 days ago
European Economics Preview: Germany Factory Orders Data Due
Factory orders from Germany and retail sales from eurozone are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis releases Germany's factory orders data for May. Economists forecast orders to fall 0.6 percent on month, slower than the 2.7 percent decrease in April.
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1131 days ago
Sensex, Nifty Open Higher After Oil Price Crash
Indian shares opened higher in early trade on Wednesday following a dramatic decline in crude oil prices.
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1131 days ago
more news
Asian Markets Mostly Lower On Recession Worries
Asian stock markets are trading mostly lower on Wednesday, following the mixed cues overnight from Wall Street, dragged by weakness in materials and energy stocks as commodities prices tumbled on the prospects of looming recession hurting demand. The surge in COVID-19 infections in China also hurt market sentiment as it reignited worries about potential lockdowns.
RTTNews
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1131 days ago
Sensex, Nifty Seen Tad Higher In Cautious Trade
Indian shares look set to open higher on Wednesday after oil prices slumped 8 percent to drift below $100 a barrel for the first time since May on fears that a recession will hit global demand for fuel.
RTTNews
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1131 days ago
Thai Stock Market Tipped To Halt Losing Streak
The Thai stock market has finished lower in back-to-back trading days, tumbling more than 30 points or 2 percent along the way. The Stock Exchange of Thailand now rests just above the 1,540-point plateau, although it's expected to stop the bleeding on Wednesday.
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1131 days ago
Japanese Market Sharply Lower
The Japanese stock market is sharply lower on Wednesday, giving up some of the gains in the previous two sessions, with the Nikkei 225 staying just above the 26,100 level, following the mixed cues overnight from Wall Street, dragged by exporters, energy and financial stocks, partially offset by gains in technology stocks.
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1131 days ago
Indonesia Stock Market Tipped To Open In The Green
The Indonesia stock market on Tuesday halted the six-day losing streak in which it had plummeted almost 400 points or 7 percent. The Jakarta Composite Index now sits just above the 6,700-point plateau and it's expected to add to its winnings on Wednesday.
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1131 days ago
Australian Market Slightly Lower
The Australian stock market is slightly lower on Wednesday, giving up some of the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 6,600 level, following the mixed cues overnight from Wall Street, as tumbling commodity prices dragged gold miners, materials and energy stocks, nearly offset by soaring technology stocks.
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1131 days ago
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