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Japan Producer Price Data Due On Monday
(RTTNews) - Japan will on Monday release February figures for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are expected to rise 1.5 percent on year, easing from 1.6 percent in the previous month.
China will see February numbers for industrial profits; in January, profits were up 0.8 percent on year.
Hong Kong will provide February figures for imports, exports and trade balance. In January, imports were down 30.2 percent on year and exports slumped an annual 36.7 percent for a trade deficit of HKD25.4 billion.
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Swiss Stocks Close Notably Lower On Weak Global Cues
The Switzerland market ended weak on Tuesday, in line with markets across Europe and elsewhere, as worries fears of Artificial Intelligence bubble, uncertainty about interest rates, and a lack of positive economic data rendered the mood bearish.
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1h 40minuter sedan
European Markets Drop To Multi-week Lows On Growth Worries, Rate Uncertainty
European stocks closed weak on Tuesday, and several markets in the region dropped to multi-week lows, as worries about lofty valuations of Artificial Intelligence-related stocks, and uncertainty about interest rate moves by global central banks, including the Federal Reserve, rendered the mood cautious and forced investors to trim down long positions.
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2h 1minuter sedan
TSX Down Nearly 0.5% Despite Coming Off Early Lows
The Canadian market continues to languish in negative territory a little past noon on Tuesday, despite recovering from early lows.
Worries about lofty valuations of AI-related stocks, and uncertainty about the Federal Reserve's upcoming interest rate moves weigh on sentiment, prompting investors to trim down positions.
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2h 33minuter sedan
U.S. Homebuilder Confidence Unexpectedly Edges Higher In November
Homebuilder confidence in the U.S. has unexpectedly seen a modest improvement in the month of November, according to a report released by the National Association of Home Builders on Tuesday. The report said the NAHB/Wells Fargo Housing Market Index crept up to 38 in November after jumping to 37 in October.
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3h 51minuter sedan
Bay Street May Open On Weak Note
Canadian stocks are likely to open lower Tuesday morning, tracking weak global cues amid concerns about AI bubble and uncertainty surrounding the Federal Reserve's interest rate moves in coming months.
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7h 13minuter sedan
FTSE 100 Down 1.25%; Bank, Miners Among Major Losers
The U.K. stock market's benchmark FTSE 100 is down sharply in negative territory on Tuesday, extending losses to a fourth straight session, with several counters across various sectors seeing a sell-off amid concerns about the outlook for global economy.
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8h 16minuter sedan
CAC 40 Extends Recent Losses As Stocks Tumble On Economic Worries
French stocks are down sharply in negative territory on Tuesday, extending recent losses, amid lingering worries about high tech valuations, and continued uncertainty about interest rate moves of the Federal Reserve.
The mood is extremely cautious with investors awaiting AI major Nvidia's updates due on Wednesday, and some crucial U.S. economic data for directional clues.
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8h 44minuter sedan
DAX Down More Than 1% Despite Paring Some Early Losses
German stock market's benchmark index DAX is sliding for a fourth straight session, falling more than 1% on Tuesday, amid rising concerns about high valuations of Artificial Intelligence-related stocks, and uncertainty surrounding the upcoming policy moves of the Federal Reserve due to a lack of some crucial macro economic data.
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8h 58minuter sedan
