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FTSE 100 Declines As Retail Sales Growth Slows
U.K. stocks declined on Tuesday after data from the British Retail Consortium showed British retail sales growth slowed to a seven-month low in May as a result of rising food costs.
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CAC 40 Subdued On Growth, Inflation Concerns
French stocks were subdued on Tuesday amid worries about the health of the U.S. economy.
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DAX Little Changed As Factory Orders Fall
German stocks were little changed on Tuesday as weak U.S. data released overnight rekindled growth worries.
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Asian Shares Mixed In Cautious Trade
Asian markets turned in a mixed performance on Tuesday as weak U.S. data rekindled growth worries and the Reserve Bank of Australia kept the door open to further tightening after unexpectedly raising its key interest rate.
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Australian Dollar Rises On RBA's Surprise Rate Hike
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia unexpectedly raised its key interest rate today saying inflation at 7 percent remains too high, and some further policy tightening may be required in future to bring the price growth rate to target.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Tuesday.
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European Shares Poised For Muted Open
European stocks are seen opening on a muted note Tuesday as weak U.S. data released overnight reinforced hopes that the Federal Reserve may skip an interest-rate hike at the end of a policy meeting next week.
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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Australian Dollar Rises Further After RBA Rate Decision
At 12:30 am ET in the Asian session on Tuesday, the Reserve Bank of Australia released its monetary policy decision.
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Sensex, Nifty Edge Lower On Tepid Global Cues; IT Stocks Slip On Weak US Data
Indian shares struggled for direction on Tuesday, tracking sluggish cues from global markets.
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Australian Dollar Rises Ahead Of RBA Rate Decision
At 12:30 am ET in the Asian session on Tuesday, the Reserve Bank of Australia will release its June monetary policy decision. The RBA is widely expected to keep its benchmark lending rate unchanged at 3.85 percent.
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Asian Markets Trading Mixed
Asian stock markets are trading mixed on Tuesday, following the broadly negative cues from global markets overnight, as traders booked some profits after the recent market rally. They are also reluctant to make significant moves as they look ahead to next week's US Federal Reserve meeting, where the Fed is widely expected to pause its recent series of interest rate hikes.
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