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DAX Dips Ahead Of Key Inflation Data

German stocks fell on Thursday amid worries about continued monetary policy tightening by the U.S. Federal Reserve and the European Central Bank.
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Asian Shares Mixed Amid Rising Bond Yields

Asian Shares Mixed Amid Rising Bond Yields

Asian stocks turned in a mixed performance on Thursday, the dollar strengthened, and bond yields hit fresh multi-month highs, as signs of rising inflationary pressures in the U.S. and hawkish comments from Federal Reserve officials cemented investor worries over further interest-rate hikes.
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Australian Dollar Falls After Weak Economic Data

Australian Dollar Falls After Weak Economic Data

The Australian dollar slipped against other major currencies in the Asian session on Thursday, after the official data showed that building approvals tumbled in January, adding concerns about the strength of the economy. Data from the Australian Bureau of Statistics showed that the total number of buildings approved in Australia was down a seasonally adjusted 27.6 percent on month in January, coming in at 12,065. That was well shy of expectations for a drop of 8.0 percent following the downwardly revised 15.3 percent spike in December.
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Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Thursday, following the mostly negative cues from Wall Street overnight, as traders remain cautious amid concerns about growth and the outlook for interest rates. Data on US manufacturing activity in February added to recent concerns about inflation and the outlook for interest rates. Asian Markets closed mostly higher on Wednesday.
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Sensex, Nifty Set To Drift Lower As Inflation Worries Mount

Sensex, Nifty Set To Drift Lower As Inflation Worries Mount

Indian shares may drift lower at open on Thursday, as a surprisingly strong German inflation figure and signs of stronger inflationary pressures in the United States brought focus back on interest-rate rises.
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Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is modestly lower on Thursday after being in the green most of the morning session, giving up the gains in the previous two sessions, with the Nikkei 225 falling below the 27,500 level, following the mostly negative cues from Wall Street overnight, dragged by weakness in technology and financial stocks.
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