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European Shares Decline As Growth Worries Mount
European stocks fell on Thursday to touch three-week lows after Eurozone's Services PMI was finalized at a six-month low of 50.9 in July.
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FTSE 100 Extends Losses Ahead Of BOE Rate Decision
U.K. stocks traded lower on Thursday amid growth worries after a survey showed British services growth cooled to a six-month low in July.
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CAC 40 Slips On Growth Concerns
French stocks fell on Thursday to extend losses from the previous session on concerns about America's ability to govern itself.
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DAX Declines As Trade Data Disappoints
German stocks fell on Thursday as worries about the U.S. debt persisted, and new data showed German exports stagnated in June due to weak demand from abroad.
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Asian Shares Extend Losses As Focus Shifts To US Jobs Data
Asian stocks ended mostly lower on Thursday to extend losses from the previous session as investors fretted about mounting debt in the U.S. and awaited cues from Friday's U.S. jobs report, which will provide further information on the monetary policy of the U.S. Federal Reserve.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Thursday.
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China Service Sector Growth Strengthens On New Business
China's service sector expanded at a faster pace at the start of the third quarter, underpinned by the solid growth in new business, survey results released by S&P Global revealed on Thursday. The Caixin services Purchasing Managers' Index rose more-than-expected to 54.1 in July from a five-month low of 53.9 in June. The expected reading was 52.5.
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more news
European Shares Seen Mixed Ahead Of BOE Rate Decision
European stocks look set to open mostly lower on Thursday, with the BOE rate decision later in the day and Friday's U.S. jobs report likely to be in focus.
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European Economic News Preview: Bank Of England Policy Decision Due
The monetary policy decision from the Bank of England is due on Thursday, headlining a busy day for the European economic news. The BoE decision is likely to be a close call between a 25 basis-point and a 50 basis-point hike. The policy announcement and the quarterly monetary policy report are due at 7.00 am ET.
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Sensex, Nifty Little Changed In Early Trade
Indian shares were little changed on Thursday, as the dollar surged and U.S. Treasury yields hit their highest in nearly nine months on worries about U.S. fiscal position and after the release of strong ADP private sector employment data.
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Bank Of England Set To Hike Interest Rate
The Bank of England is set to lift its key interest rate on Thursday after its major counterparts U.S. Federal Reserve and the European Central Bank lifted benchmark rates last week. The August decision is likely to be a close call between a 25 basis-point and a 50 basis-point hike.
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Sensex, Nifty Seen Flat To Higher At Open
Indian shares may open a tad higher on Thursday after a sell-off in the previous session.
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Asian Shares Extend Losses On Worries About US Fiscal Position
Asian stocks traded mostly lower on Thursday, adding to steep losses in the previous session as the dollar surged and Treasury yields spiked following a U.S. credit rating downgrade from Fitch and better-than-expected ADP employment data.
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