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Bay Street Seen Opening On Mixed Note
Canadian shares are likely to open on a mixed note Monday morning with traders largely staying away on the sidelines ahead of the New Year and looking for directional clues.
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Sensex, Nifty Drift Lower On Weak Global Cues
Indian shares ended lower on Monday after all three major U.S. averages sold off Friday, thwarting the seasonal Santa Claus rally on concerns about rising bond yields.
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European Shares Edge Lower Before Year-end
European stocks were moving lower in cautious trade on Monday after all three major U.S. averages sold off Friday, thwarting the seasonal Santa Claus rally on concerns about rising bond yields.
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FTSE 100 Edges Lower In Cautious Year-end Trade
U.K. stocks traded lower on Monday as investors adopted a cautious stance ahead of the year end.
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CAC 40 Slips Into Red On Economic Concerns
French stocks traded lower on Monday amid worries about the country's economic outlook and the prospect of a trade war after U.S. President-elect Donald Trump threatened sweeping tariffs on goods.
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DAX Declines As Yields Stay High
German stocks were moving lower on Monday as elevated government bond yields prompted investors to book some profits ahead of the year end.
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Asian Shares Mixed Before New Year
Asian stocks ended mixed on Monday as a cautious undertone prevailed, heading into year-end. Higher U.S. Treasury yields underpinned the dollar in Asian trade while oil and gold were little changed.
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Yen Falls Amid BoJ Rate Hike Speculation
The Japanese yen weakened against other major currencies in the pre-European session on Monday, as traders speculate that the Bank of Japan (BoJ) is likely to deliver an interest rate hike in January.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the pre-European session on Monday.
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HBO And Cablevision Founder Charles Dolan Dies At 98
Charles Dolan, the founder of major US media companies Home Box Office Inc. or HBO and Cablevision Systems Corp., died of natural causes at the age of 98. In a statement, his family said, "It is with deep sorrow that we announce the passing of our beloved father and patriarch, Charles Dolan, the visionary founder of HBO and Cablevision."
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European Shares Poised For Mixed Open As Year-end Approaches
European stocks are seen opening on a mixed note Monday as the year-end approaches.
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Antipodean Currencies Rise As Crude Oil Prices Traded Higher
The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, as the crude oil prices climbed higher after data showed a sharp drop in U.S. crude inventories in the week ended December 20th. The ongoing conflict between Russia and Ukraine, and expectations of increased demand from China following the recent stimulus measures contributed as well to the rise in oil prices.
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Sensex, Nifty Follow Global Peers Lower; IT Stocks Drag
Indian shares were subdued on Monday after U.S. equities fell sharply on Friday, dragged down by technology stocks amid rising global uncertainties and caution ahead of the year-end holiday season.
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