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Swiss Market Ends Lower On Weak Data
The Switzerland stock market ended on a weak note on Monday, in line with markets across Europe, amid rising fears of a recession after gas prices soared over 30% following Russia's decision to extend a halt on gas flows through a major pipeline to Europe.
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European Stocks Close Notably Lower As Weak Data Fuels Recession Fears
European stocks closed notably lower on Monday, weighed down by rising fears of energy rationing in Europe following Russia's decision to extend a halt on gas flows through the Nord Stream 1 gas pipeline.
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Eurozone Sentix Investor Confidence Weakest Since 2020
Eurozone investor confidence deteriorated to the lowest in more than two years in September signaling that the recession is deepening, survey results from the behavioral research institute Sentix showed Monday. The investor confidence index declined to -31.8 in September from -25.2 in August. This was the lowest value since May 2020 and weaker than economists' forecast of -27.5.
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Japanese Yen Falls Amid Fed-BoJ Policy Divergence
The Japanese yen declined against its major counterparts in the European session on Monday, amid a monetary policy divergence between Japan and the United States.
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UK Service Sector Growth Softens In August
The UK service sector expanded at the slowest pace in the current 18-month sequence of growth amid escalating economic uncertainty and concerns about high inflation, final data from S&P Global showed Monday. The Chartered Institute of Procurement and Supply final services Purchasing Managers' Index posted 50.9 in August, down from 52.6 in the previous month. The score was well below the flash 52
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Eurozone Private Sector Moves Further Into Contraction Zone
The euro area private sector contracted for the second straight month as the service sector joined manufacturing in recording output fall in August, final data from S&P Global showed on Monday. The final composite output index fell to an 18-month low of 48.9 in August from 49.9 in the previous month. The flash score was 49.2. A reading below 50.0 indicates contraction.
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Indian Shares Defy Weak Global Cues
Indian shares ended notably higher on Monday despite weak global cues as a result of the Europe's increasing energy crisis.
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European Shares Retreat As Gas Prices Surge
European stocks tumbled on Monday after Russia extended a halt on gas flows through a major pipeline to Europe, sparking further fears of energy rationing in the region as winter approaches.
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993 hari yang lalu
FTSE 100 Slips Ahead Of PM Race Result
U.K. stocks were moving lower on Monday after a survey showed the U.K. service sector growth slowed down further in August.
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993 hari yang lalu
CAC 40 Tumbles On Energy Woes
French stocks fell sharply on Monday amid a deepening energy crisis in the region.
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993 hari yang lalu
DAX Slumps Amid Energy Woes; Utilities Drag
German stocks plummeted on Monday as Russia extended a halt on gas flows on a major pipeline to Europe, sparking further fears of energy rationing in the region as winter approaches.
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993 hari yang lalu
Asian Shares Mixed On China COVID Woes
Asian stocks ended mixed on Monday as U.S. rate hike worries persisted, and China tightened COVID-19 curbs in some big cities.
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993 hari yang lalu
China Service Sector Continues To Expand In August
China's services companies continued to recover in August from the recent wave of the pandemic underpinned by strong sales, survey results from S&P Global showed on Monday. The Caixin services Purchasing Managers' Index came in at 55.0, down from 55.5 in July. A score above 50.0 indicates expansion. Moreover, the rate of expansion was the second-quickest recorded since May 2021.
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993 hari yang lalu
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