European Shares Likely To Drift Lower As Transatlantic Tensions Rise

RTTNews | 180 дней спустя

(RTTNews) - European stocks may drift lower on Thursday after U.S. President Donald Trump accused the European Union of cheating the United States, sparking tensions and threats of new tariffs.

The European Commission shot back that the European Union is "the world's largest free market" and has been "a boon for the United States".

In another development, Russia has accused the European Union of trying to block a peace deal for the Ukraine war.

A planned meeting between European Union foreign policy chief Kaja Kallas and U.S. Secretary of State Marco Rubio was abruptly cancelled Wednesday due to "scheduling issues."

It "seems that the Trump administration doesn't miss a chance to show that for them the EU is not a player," an EU diplomat commented on the cancelled meeting.

U.S. stock futures were mostly higher while Asian markets traded mixed after Nvidia forecast first-quarter revenue above market estimates. CEO Jensen Huang said demand for their Blackwell chips has been "amazing".

Tariff worries lifted the dollar in Asian trade while gold prices fell about 1 percent and oil clung to modest gains.

In economic releases, Eurozone economic sentiment survey results, German unemployment data and U.S. reports on jobless claims, durable goods orders and pending home sales may attract attention later in the day.

U.S. stocks ended mixed overnight after President Trump threatened to slap 25 percent tariff on imports from the European Union and indicated that the effective date of the levies on imports from Mexico and Canada could be pushed back from March 4th to April 2nd, the same day he purportedly plans to announce reciprocal tariffs on other U.S. trade partners.

The S&P 500 ended marginally higher and the tech-heavy Nasdaq Composite edged up by 0.3 percent to snap four-session losing streaks as chip stocks rebounded ahead of AI darling Nvidia's results.

The narrower Dow dipped 0.4 percent after two straight days of slight gains. European stocks closed at a record high on Wednesday after Ukraine and the U.S. agreed on a draft minerals deal.

The pan European STOXX 600 jumped 1 percent. The German DAX rallied 1.7 percent, France's CAC 40 surged 1.2 percent and the U.K.'s FTSE 100 advanced 0.7 percent.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, 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 in iron ore miners and a mixed performance across most other sectors.

RTTNews | 58 минут назад

Asian Markets Track Wall Street Lower

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RTTNews | 1ч 19мин назад

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 1ч 50мин назад

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2ч 30мин назад

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 2ч 58мин назад

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3ч 0мин назад

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3ч 15мин назад

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 3ч 18мин назад

EURUSD	1.16286	GBPUSD	1.34563	AUDUSD	0.64777
USDJPY	147.784	USDCAD	1.38573	USDCHF	0.80562