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European Economic News Preview: Eurozone Final Composite PMI Due
Final composite and services Purchasing Managers' survey results from the euro area and the UK are due on Wednesday, headlining a busy day for the European economic news. At 3.15 am ET, Spain's services Purchasing Managers' survey data is due. Economists expect the index to fall to 53.6 in November from 54.9 in the previous month.
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268 days ago
Aussie Falls As Weaker GDP Growth Spurs RBA Rate Cut Speculation
The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as slower domestic growth spurred bets that the Reserve Bank of Australia (RBA) is likely to cut interest rates in early 2025. Also, a private survey showed that China's services sector grew less than expected in November.
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268 days ago
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Wednesday.
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268 days ago
Sensex, Nifty Modestly Higher In Cautious Trade
Indian shares traded higher on Wednesday, even as caution prevailed ahead of the release of key U.S. jobs report and Fed Chair Jerome Powell's remarks this week.
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268 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews
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268 days ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders react to the political turmoil in South Korea, a deepening political crisis in France and faltering economic growth in China, with the South Korean market plunging over 2 percent. They also remain optimistic about an interest rate cut by the US Fed in December.
RTTNews
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268 days ago
Sensex, Nifty Set To Follow Asian Peers Lower
Indian shares look set to open on a weak note Wednesday as investors await this week's key U.S. jobs report and Fed Chair Jerome Powell's remarks for clues on whether officials will cut interest rates in December.
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268 days ago
more news
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Wednesday, reversing to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling well below the 39,200 level, with weakness in index heavyweights, financial and automaker stocks.
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268 days ago
Thai Stock Market May Run Out Of Steam On Wednesday
The Thai stock market has tracked higher in back-to-back sessions, advancing almost 30 points or 2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,455-point plateau although the rally may stall on Wednesday.
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268 days ago
China Services Sector Slows In November - Caixin
The services sector in China continued to expand in November, albeit at a slower pace, the latest survey from Judo Bank revealed on Wednesday with a services PMI score of 51.5.
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268 days ago
Indonesia Bourse May See Additional Support On Wednesday
The Indonesia stock market on Tuesday halted the four-day losing streak in which it had tumbled almost 270 points or 3.9 percent. The Jakarta Composite Index now sits just beneath the 7,200-point plateau and it may extend its gains on Wednesday.
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268 days ago
Australian Market Notably Lower
Australian shares are trading notably lower on Wednesday, giving up some of the gains in the previous two sessions, with the benchmark S&P/ASX 200 falling below the 8,500 level from all-time highs, following the mixed cues from Wall Street overnight, after domestic GDP data misses expectations, with weakness in financial stocks partially offset by gains in technology, mining and energy stocks.
RTTNews
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268 days ago
Profit Taking May Dent Hang Seng's Upside On Wednesday
The Hong Kong stock market has climbed higher in three straight sessions, collecting almost 380 points or 2 percent along the way. The Hang Seng Index now sits just beneath the 19,750-point plateau although investors re likely to cash in on Wednesday.
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268 days ago
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