Asian Shares Mixed In Cautious Trade

RTTNews | Pred 105 dňami

(RTTNews) - Asian stocks ended mixed in thin trade on Tuesday, with Japanese markets closed for a public holiday.

Chinese and Hong Kong stocks underperformed amid U.S. trade policy shifts and deflation concerns as retaliatory Chinese duties on U.S. energy and some goods came into effect on Monday.

Gold shot to a record high and the dollar was firm as investors waited to hear from Federal Reserve Chair Jerome Powell on tariffs and inflation.

Oil extended sharp overnight gains on fears of more supply disruptions following U.S. sanctions on networks shipping Iranian oil to China.

Also, Russian oil production fell short of its OPEC+ quota in January, easing concerns of an oversupply.

China's Shanghai Composite index slid 0.12 percent to 3,318.06 as steelmakers declined on concerns over possible impact on steel exports this year. Hong Kong's Hang Seng index fell 1.06 percent to 21,294.86.

Seoul stocks rose notably, with the Kospi average climbing 0.71 percent to 2,539.05 despite Trump's announcement of new tariff plans.

Leading bio firm Samsung Biologics surged 3.9 percent while electric vehicle battery maker LG Energy Solution lost 1 percent.

Australian markets finished marginally higher as U.S. President Donald Trump imposed 25 percent tariffs on all U.S. imports of steel and aluminum, but promised to give Australia's case 'great consideration.'

Gold miners such as Northern Star Resources and St Barbara surged 4-6 percent. Biopharmaceutical company CSL plunged 5 percent after announcing weak half-year profits.

Across the Tasman, New Zealand's benchmark S&P/NZX-50 index edged up by 0.32 percent to 12,917.45 despite disappointing earnings from Vulcan Steel.

U.S. stocks shrugged off tariff tensions and inflation-related worries to end on a firm note overnight, led by steelmakers, Nvidia and other AI-related stocks.

In economic news, a survey showed expected inflation rates over the next year and three years ahead were both unchanged in January at 3 percent.

The tech-heavy Nasdaq Composite rallied 1 percent, the S&P 500 added 0.7 percent and the Dow edged up by 0.4 percent.

U.S. Dollar Strengthens On Trump's Tariff Delay

The U.S. dollar was higher against its major counterparts in the New York session on Tuesday amid easing trade tensions between the U.S. and the European Union.

RTTNews | Pred 53 minútami

European Stocks Close Broadly Higher On Strong Data, Easing Trade Tensions

European stocks closed on a positive note on Tuesday, continuing to benefit from U.S. President Donald Trump's decision to amid slightly easing concerns about a potential trade war following U.S. President Donald Trump's decision decision to wait till July 9th to implement the 50% tariffs he had threatened to impose on imports from the European Union.

RTTNews | Pred 2 h 21 min

U.S. Consumer Confidence Rebounds Much More Than Expected In May

A report released by the Conference Board on Tuesday showed a substantial improvement by U.S. consumer confidence in the month of May. The Conference Board said its consumer confidence index spiked to 98.0 in May after plunging to a downwardly revised 85.7 in April.

RTTNews | Pred 5 h 2 min

U.S. Durable Goods Orders Plunge 6.3% In April As Aircraft Orders Plummet

With orders for transportation equipment pulling back sharply, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of April. The Commerce Department said durable goods orders tumbled by 6.3 percent in April after surging by a downwardly revised 7.6 percent in March.

RTTNews | Pred 5 h 13 min

Dollar Plunges Amidst Renewed Trade Tensions And Fiscal Deficit Concerns

The Dollar recorded a massive plunge during the week ended May 23 amidst an escalation in tensions between the U.S. and its trading partners, particularly the European Union.

RTTNews | Pred 6 h 31 min

Bay Street Seen Opening Higher Again

Canadian shares are likely to extend recent gains on Tuesday following U.S. President Donald Trump's decision to wait till July 9th to implement the 50% tariffs he had threatened to impose on imports from the European Union.

RTTNews | Pred 6 h 40 min

U.S. Durable Goods Orders Pull Back Sharply In April

RTTNews | Pred 6 h 40 min

Eurozone Economic Sentiment Rises More Than Forecast

Eurozone economic confidence strengthened more than expected in May as manufacturers, consumers and retailers showed signs of recovery, survey data from the European Commission revealed on Tuesday. The Economic Sentiment Indicator climbed to 94.8 from 93.8 in April. The reading was above forecast of 94.0. The rise in the ESI was primarily driven by the improvements in the industry, retail trad

RTTNews | Pred 6 h 58 min

EURUSD	1.13344	GBPUSD	1.35111	AUDUSD	0.64442
USDJPY	144.282	USDCAD	1.37992	USDCHF	0.82737

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Asian Shares Mixed In Cautious Trade