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UK Unemployment Rate Drops
The UK unemployment rate dropped in the three months to April and wages grew more than expected, official data revealed Thursday. The jobless rate fell to 4.9 percent in the three months to April from 5.0 percent in the three months to March, the Office for National Statistics said. The rate was expected to remain unchanged at 5.0 percent.
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2 days ago
European Shares Set To Follow Wall Street Lower On Fed Rate Concerns
European stocks are seen opening lower on Thursday after U.S. stocks ended sharply lower overnight amidst monetary policy concerns.
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2 days ago
European Economic News Preview: Bank Of England Policy Decision Due
The Bank of England and Swiss National Bank announce monetary policy decisions on Thursday, headlining a hectic day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK unemployment data. The jobless rate is seen unchanged at 5.0 percent in the three months to April.
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2 days ago
Indian Shares Little Changed In Lackluster Trade; IT Stocks Drag
Indian shares were flat to slightly higher on Thursday after the U.S. Federal Reserve left interest rates unchanged as widely expected, but the latest set of projections suggested there could be at least one increase to its main rate this year.
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2 days ago
Australian Market Extends Early Losses In Mid-market
The Australian market is extending its early losses in mid-market moves on Thursday, snapping a four-session winning streak, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness mining stocks partially offset by gains in energy and financial stocks.
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2 days ago
Asian Markets Trade Mixed
Asian markets are trading mixed on Thursday, following the negative cues from Wall Street overnight, on news that US President Donald Trump digitally signed an interim peace deal with Iran to end the war with Iran and reopen the Strait of Hormuz. Concerns remain about the outlook for interest rates after the US Fed left interest rates unchanged, but projected rates could be higher by year-end.
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2 days ago
Indian Shares Seen Lower On Hawkish Fed
Indian shares are seen opening a tad lower on Thursday as investors react to a hawkish Federal Reserve policy and look forward to the signing of the U.S.-Iran peace agreement, which may rapidly unlock Iranian oil exports, channel funds into its economy and begin a phased rollback of sanctions in exchange for nuclear curbs.
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2 days ago
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Soft Start Seen For Thai Stock Market
The Thai stock market has finished lower in three straight sessions, giving up more than 5 points or 0.3 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,590-point plateau and it's expected to open under pressure again on Thursday.
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2 days ago
Lower Open Anticipated For Indonesia Stock Market
The Indonesia stock market on Wednesday ended the two-day winning streak in which it had surged more than 370 points or 6 percent. The Jakarta Composite Index now sits just above the 6,220-point plateau and the losses may accelerate on Thursday.
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2 days ago
Japanese Market Sharply Higher At All-time Highs
The Japanese market is trading sharply higher on Thursday, extending the gains in the previous four sessions, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 71,100 level to all-time highs, with strong gains in technology and financial stocks partially offset by weakness in automaker stocks.
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2 days ago
Losing Streak May Continue For Hong Kong Stock Market
The Hong Kong stock market has finished lower in back-to-back sessions, slumping more than 525 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 24,310-point plateau and it may take further damage again on Thursday.
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2 days ago
Australian Market Slightly Lower
The Australian market is trading slightly lower on Thursday, snapping a four-session winning streak, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness mining stocks partially offset by gains in energy and financial stocks.
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2 days ago
Renewed Selling Pressure Expected For China Stock Market
The China stock market bounced higher again on Wednesday, one day after snapping the two-day winning streak in which it had jumped almost 110 points or 2.7 percent. The Shanghai Composite Index now sit just beneath the 4,110-point plateau although it may head south again on Thursday.
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2 days ago
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