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Australia Inflation Gauge Data Due On Monday
(RTTNews) - Australia will on Monday see October results for the inflation gauge from the Melbourne Institute, highlighting a light day for Asia-Pacific economic activity. In the previous month, the inflation forecast showed an increase of 0.1 percent on month.
Australia also will see October figures for job ads from ANZ; in September, job ads were up 1.6 percent on month.
Finally, the markets in Japan are closed on Monday for Culture Day and will re-open on Tuesday.
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The U.S. dollar dropped against its major counterparts in the New York session on Monday, following dovish comments from Federal Reserve Governor Michelle Bowman.
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Swiss Stock Market Extends Losing Streak
The Swiss stock market spent all of Monday bouncing back and forth across the unchanged line, but a late swoon saw the SMI extend its losing streak to seven sessions - costing it more than 465 points or 4 percent in that span.
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European Stock Market Sink On Monday
European stocks finished modestly lower on Monday as investors waited for Iran's response to the weekend U.S. air strikes on its nuclear sites.
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UK Private Sector Grows At Fastest Pace In 3 Months
The UK private sector output picked up at the strongest pace in three months in June after business volume returned to growth, flash survey results from S&P Global showed on Monday. The flash composite output index registered 50.7 in June, up from 50.3 in May. The reading was above the crucial 50.0 no-change value for the second straight month.
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FTSE 100 Records Lower Losses
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Eurozone Private Sector Expands For Sixth Straight Month
The euro area private sector expanded for the sixth straight month in June as sustained increases in manufacturing output coincided with a stabilization of services activity, flash purchasing managers' survey results from S&P Global showed on Monday. The flash HCOB composite output index remained unchanged at 50.2 in June. The index posted above the 50.0 no change mark for the sixth month.
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CAC 40 Falls As Market Spotlight On Middle East Tensions
The CAC 40 benchmark changed course on Monday amidst a major escalation in Middle East tensions over the weekend that hurt global market sentiment.
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