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European Economic News Preview: Bank Of England Likely To Hold Rates
The Bank of England is set to hold its bank rate on Thursday after easing the policy twice this year, as inflation remains above the 2 percent target and wage growth strengthened unexpectedly. The Monetary Policy Committee is forecast to leave the interest rate at 4.75 percent. The bank had reduced the rate by quarter-point each in November and August. The announcement is due at 7.00 AM ET.
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253 дней спустя
European Shares Set To Drift Lower On Hawkish Tilt By Fed
European stocks are seen opening lower on Thursday as investors react to the Fed and Bank of Japan rate decisions and await the Bank of England's policy announcement.
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253 дней спустя
Sensex, Nifty Open Lower On Hawkish Fed
Indian shares opened on a weak note Thursday after the U.S. Federal Reserve delivered a 25-bps rate cut as expected but revised its projections to signal just two interest rate cuts next year compared to the four previously forecast, citing stubbornly high inflation.
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253 дней спустя
Sensex, Nifty Set For Gap-down Opening After Wall Street Selloff
Indian shares are seen opening sharply lower on Thursday, mirroring weak cues from global markets after the U.S. Federal Reserve forecast fewer interest-rate cuts next year.
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253 дней спустя
Asian Shares Follow Wall Street Lower After Hawkish Fed Rate Cut
Asian stocks were deep in the red on Thursday, the yield on benchmark U.S. Treasury yields touched a seven-month high, the dollar index jumped to a two-year high and gold held below $2,600 per ounce after the U.S. Federal Reserve signaled a slower pace of easing next year amid ongoing upside inflation risks.
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253 дней спустя
Thai Shares Figure To Head South Again On Thursday
The Thai stock market on Wednesday ended the six-day losing streak in which it had stumbled more than 55 points or 4 percent. The Stock Exchange of Thailand now sits just beneath the 1,400-point plateau although it's expected to open firmly in the red on Thursday.
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253 дней спустя
No Help Yet For Indonesia Stock Market
The Indonesia stock market has finished lower in five straight sessions, sinking more than 350 points or 4.7 percent in that span. The Jakarta Composite Index now rests just above the 7,100-point plateau and it figures to open under pressure again on Thursday.
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253 дней спустя
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Lower Open Predicted For Hong Kong Stock Market
The Hong Kong stock market on Wednesday wrote a finish to the three-day losing streak in which it had stumbled almost 700 points or 2.7 percent. The Hang Seng Index now rests just above the 19,860-point plateau although it's expected to move back to the downside again on Thursday.
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253 дней спустя
Soft Start Called For China Stock Market
The China stock market on Wednesday ended the three-day losing streak in which it had retreated more than 100 points or 3 percent. The Shanghai Composite Index now rests just above the 3,380-point plateau although it's expected to open in the red on Thursday.
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253 дней спустя
Taiwan Stock Market May Hand Back Wednesday's Gains
The Taiwan stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day slide in which it had fallen almost 360 points or 1.5 percent. The Taiwan Stock Exchange now rests just beneath the 23,170-point plateau although it's tipped to see renewed consolidation on Thursday.
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253 дней спустя
More Pain Predicted For Singapore Stock Market
The Singapore stock market has moved lower in back-to-back sessions, falling more than 40 points or 1.1 percent along the way. The Straits Times Index now sits just shy of the 3,780-point plateau and the losses may accelerate on Thursday.
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253 дней спустя
Malaysia Bourse May Erase Wednesday's Gains
The Malaysia stock market on Wednesday ended the two-day slide in which it had dropped more than a dozen points or 0.8 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,600-point plateau although it's expected to open sharply to the downside on Thursday.
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253 дней спустя
Japan Bourse Expected To Extend Losing Streak
The Japanese stock market has finished lower in four straight sessions, declining almost 780 points or 2 percent in that span. The Nikkei 225 now rests just above the 39,080-point plateau and it's likely in store for more heavy selling on Thursday.
RTTNews
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253 дней спустя
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