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China Manufacturing Activity Growth Improves
China's manufacturing activity logged a faster growth in February underpinned by rises in both output and new orders, survey data published by S&P Global showed on Monday. The Caixin manufacturing Purchasing Managers' Index rose to 50.8 from 50.1 in the previous month. The reading was seen at 50.4. The index has remained above the threshold 50.0 mark for the fifth straight month suggesting expan
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Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market trading on Monday, reversing the sharp losses in the previous session, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,200.00 level, with gains across most sectors led by mining and technology stocks. Financial stocks were the weak spot.
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Sensex, Nifty Poised For Firm Opening
Indian shares look set to open flat to slightly higher on Monday, tracking mostly positive cues from global markets.
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Japanese Market Sharply Higher
The Japanese stock market is trading sharply higher on Monday, reversing the sharp losses in the previous session, despite the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving above the 37,500 level, with gains across most sectors led by index heavyweights, automakers and financial stocks.
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Australian Market Modestly Higher
The Australian stock market is trading modestly higher on Monday, reversing the sharp losses in the previous session, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving a tad above the 8,200.00 level, with gains across most sectors led by mining and technology stocks. Financial stocks were the weak spot.
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TSX Ends More Than 1% Up
After a weak start and a subsequent recovery, the Canadian market slipped into negative territory around early afternoon on Friday, but gained in strength after that with stocks from industrials, financials, utilities and consumer staples attracting buyers.
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Dollar Rises Against Major Counterparts
The U.S. dollar climbed higher on Friday, extending gains from the previous session following U.S. President Donald Trump's announcement that the 25% tariffs on Canada and Mexico, and an additional 10% on China, will take effect early next week.
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more news
German Inflation Steady At 2.3% In February
Consumer price inflation in Germany was unchanged in February, while the core price growth slowed as the cost of food increased strongly, preliminary data from the statistical office Destatis showed on Friday.
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Canadian Market Modestly Higher In Cautious Trade
The Canadian benchmark S&P/TSX Composite Index is modestly higher in late afternoon trades on Friday with stocks turning in a mixed performance.
Worries about U.S. tariffs and their potential impact on global economic growth appear to be weighing on sentiment. Investors are also digesting the nation's GDP report and U.S. PCE reading.
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Pound Retreats Amid Risk Aversion
The pound pulled back against its most major counterparts in the New York session on Friday, as risk sentiment dampened after a meeting between President Donald Trump and Ukrainian President Volodymyr Zelenskyy devolved into a shouting match.
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Swiss Market Ends On Firm Note
After a weak start and a subsequent recovery, the Swiss market struggled for direction till mid afternoon on Friday, but gained in strength thanks to some brisk buying at several counters in last ninety minutes of the day's session.
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CPSC Recalls: Gas Boilers, Bicycles, Wall Sconces, Window Shades, Baby Loungers, Pajama Sets
The U.S. Consumer Product safety Commission or CPSC has announced various recalls including gas boilers, triathlon bicycles, wall sconces, window shades, baby loungers, high chairs, pajama sets and robes, and avalanche transceivers, among others.
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European Stocks Turn In Mixed Performance
European stocks turned in a mixed performance on Friday as investors amid uncertainty about the outlook for growth as the Trump Administration's fresh and stringent tariffs of 25% on goods from Canada and Mexico, and an additional 10% levy on Chinese imports are set to commence from next week.
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