European Shares Set For Cautious Start

RTTNews | 649 дней спустя

(RTTNews) - European stocks are likely to open on a subdued note Thursday as the U.S.-China Summit meeting concluded after months of diplomacy.

It was said there were agreements on restarting military-to-military communications and steps to curb fentanyl production.

Both countries agreed to work towards avoiding confrontation and instead focus on cooperation.

Asian markets traded broadly lower alongside U.S. equity futures as investors awaited more clues on the health of the world's largest economy, going into the holiday season.

Japan's export growth slowed in October and China's new home prices fell for the fourth straight month, rekindling worries about slowing global growth.

The dollar held steady in Asian trade ahead of U.S. reports on weekly jobless claims, import and export prices, industrial production and homebuilder confidence due later in the day.

Gold inched up slightly while Treasuries were little changed after Wednesday's sell-off.

Crude extended overnight losses on signs of higher supply from the United States and amid worries about lackluster energy demand from Asia.

U.S. stocks eked out modest gains overnight, with dovish Fed bets and an upbeat forecast from retailer Target helping underpin sentiment.

A measure of producer prices unexpectedly fell in October and retail sales dipped for the first time in seven months, offering more evidence of easing price pressures and slowing consumer spending ahead of the holiday season.

The tech-heavy Nasdaq Composite inched up marginally to reach a three-month closing high and the S&P 500 edged up 0.2 percent while the Dow rose half a percent.

European stocks closed higher for a third straight session on Wednesday after news of fresh stimulus in China and signs of moderating price pressures in the euro area.

The pan European STOXX 600 gained 0.4 percent despite the European Commission cutting Eurozone growth forecasts.

The German DAX rose 0.9 percent, France's CAC 40 edged up 0.3 percent and the U.K.'s FTSE 100 added 0.6 percent.

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 | 36 минут 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 | 39 минут 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 | 54 минут 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 | 56 минут назад

China Stock Market Due For Consolidation

The China stock market has moved higher in four straight sessions, advancing almost 160 points or 4.4 percent along the way. The Shanghai Composite Index now sits just above the 3,880-point plateau although it may see profit taking on Tuesday.

RTTNews | 1ч 9мин назад

Taiwan Bourse May Hand Back Monday's Gains

The Taiwan stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had gained more than 600 points or 2.6 percent. The Taiwan Stock Exchange now rests just above the 24,275-point plateau although it's expected to open to the downside 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. For the day, the index surged 512.91 points or 2.16 points to finish at 24,277.38 after trading between 24,108.75 and 24,362.02. Among the actives, Mega Financial and United Microelectronics Corporation both eased 0.12 percent, while Fubon Financial jumped 1.93 percent, E Sun Financial and Formosa Plastics both sank 0.74 percent, Taiwan Semiconductor Manufacturing Company accelerated 3.08 percent, Hon Hai Precision rallied 2.47 percent, Largan Precision added 0.42 percent, MediaTek soared 3.30 percent, Novatek Microelectronics climbed 1.18 percent, Nan Ya Plastics surged 3.53 percent, Asia Cement gained 0.40 percent and Cathay Financial, CTBC Financial and Catcher Technology were unchanged.

RTTNews | 1ч 39мин назад

Singapore Stock Market Tipped To Open In The Red

The Singapore stock market has climbed higher in five straight sessions, improving almost 70 points or 1.6 percent along the way. The Straits Times Index now sits just above the 4,255-point plateau although investors may lock in gains 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 9мин назад

Rally May Stall For Malaysia Stock Market

The Malaysia stock market has moved higher in three straight sessions, collecting almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it's likely to open to the downside 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 39мин назад

EURUSD	1.16463	GBPUSD	1.34766	AUDUSD	0.64846
USDJPY	147.272	USDCAD	1.38503	USDCHF	0.80392