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Forex Nyheter
European Shares Broadly Lower On Growth Concerns
European stocks were broadly lower on Monday after a survey showed business activity in the euro zone declined for a fifth month in November, adding to the likelihood that the euro zone is sliding into a mild recession.
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Foxconn's IPhone Plant In China May Resume Full Production In Late Dec- Early Jan.
Foxconn, Apple Inc.'s key iPhone assembler, expects that its major plant in China, which is being hit hard by worker unrest following Covid-19 spread and related restrictions, would restart full production around late December to early January, Reuters reported citing a Foxconn source.
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FTSE 100 Little Changed Ahead Of PMI Data
U.K. stocks struggled for direction on Monday, as investors awaited business activity data for the November month for directional cues.
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CAC 40 Slips Into Red In Lackluster Trade
French stocks fell on Monday as a stronger-than-anticipated U.S. jobs report released on Friday revived worries about the pace of U.S. rate hikes.
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DAX Dips Ahead Of Key Eurozone Data
German stocks fell on Monday as investors awaited retail sales, the Sentix investor sentiment index and a slew of Services PMI reports from eurozone for directional cues.
The benchmark DAX dropped 50 points, or 0.4 percent, to 14,479 after rising 0.3 percent on Friday.
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Asian Shares Mostly Higher On China Optimism
Asian stocks turned in a muted performance on Monday, even as Chinse and Hong Kong stocks surged as businesses reopened and testing requirements were relaxed in several cities, including Beijing and Shanghai.
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NZ Dollar Appreciates Amid China Reopening Signals
The NZ dollar climbed against its major counterparts in the Asian session on Monday, as investors bet on a gradual reopening of Chinese economy following a relaxation of travel restrictions in more cities.
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more news
Nestle Purina Recalls Certain Pro Plan Dog Food
Nestle Purina PetCare Co. has recalled a limited amount of certain prescription wet dog food citing labeling error, the U.S. Food and Drug Administration said. The recall involves Purina Pro Plan Veterinary Diets EN Gastroenteric Low Fat or PPVD EN Low Fat wet dog food that comes in 13.4 oz cans.
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European Economics Preview: Eurozone Retail Sales, Final PMI Due
Retail sales and final Purchasing Managers' survey results from the euro area are the top economic data due on Monday, headlining a busy day for the European economic news. At 3.00 am ET, retail sales from Hungary and real wages from the Czech Republic are due.
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European Shares Seen Tad Higher On China Reopening Hopes
European stocks may open on a steady note Monday as more Chinese cities relaxed some anti-COVID measures and testing mandates over the weekend, helping improve investors' appetite for riskier assets.
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Sensex, Nifty Decline On Fed Worries
Indian shares were subdued in early trade on Monday as robust U.S. jobs data released on Friday fanned concerns that the Federal Reserve might stick with its hawkish stance.
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Asian Markets Are Mostly Higher
Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, as traders remain optimistic that the US Fed will slow the pace of interest rate hikes as early as next month, despite data showing stronger than expected job growth in November that allayed fears of a global economic slowdown. Asian markets closed mostly lower on Friday.
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Sensex, Nifty Seen Tad Higher At Open On Firm Asian Cues
Indian shares look set to open flat to slightly higher on Monday, as better than expected U.S. jobs data allayed fears of a global economic slowdown but stirred anxiety over the pace of future rate increases.
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