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European Shares Set For Lower Open With Focus On US Tariffs
European stocks look set to open broadly lower on Tuesday after U.S. President Donald Trump imposed new tariff rates on partners including Japan and South Korea but left the door open for additional negotiations, saying that the earlier notifications were "not 100 percent firm."
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European Economic News Preview: Germany Foreign Trade Data Due
Foreign trade data from Germany and France are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to release Germany's foreign trade data for May. Exports are forecast to remain flat in May after falling 1.7 percent in April. The trade surplus is seen at EUR 18.1 billion compared to April's EUR 14.6 billion surplus.
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Sensex, Nifty Marginally Higher In Cautious Trade
Indian shares struggled for direction on Tuesday due to renewed uncertainty over U.S. tariff policies.
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Sensex, Nifty Likely To See Muted Open
Indian shares look set to open largely unchanged on Tuesday due to renewed uncertainty over U.S. tariff policies.
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Mild Selling Pressure Tipped For Thai Stock Market
The Thai stock market ticked higher again on Monday, one session after ending the four-day winning streak in which it had surged almost 50 points or 4.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,125-point plateau and it's likely to remain rangebound again on Tuesday.
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Indonesia Bourse May Hand Back Monday's Gains
The Indonesia stock market on Monday ended the four-day losing streak in which it had slumped more than 60 points or 0.9 percent. The Jakarta Composite Index now sits just above the 6,900-point plateau although it's likely to turn lower again on Tuesday.
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Japanese Market Notably Higher
The Japanese stock market is trading notably higher on Tuesday, reversing the losses in the previous session, despite the broadly negative cues from Wall Street overnight, with the Nikkei 225 moving well above the 39,700 level, with gains in automakers and technology stocks.
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Hong Kong Bourse May Extend Losing Streak
The Hong Kong stock market has finished lower in three straight sessions, sinking more than 330 points or 1.4 percent along the way. The Hang Seng Index now sits just shy of the 23,890-point plateau and it's tipped to open to the downside again on Tuesday.
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China Bourse May Spin Its Wheels On Tuesday
The China stock market has moved higher in three straight sessions, collecting almost 20 points or 0.6 percent along the way. The Shanghai Composite Index now sits just above the 3,470-point plateau although the rally may stall on Tuesday.
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Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Tuesday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,600 level, with weakness in iron ore miners and mixed performance in most other sectors.
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Taiwan Stock Market May Extend Monday's Losses
The Taiwan stock market has finished lower in two straight sessions, shedding almost 300 points or 1.3 percent along the way. The Taiwan Stock Exchange now sits just beneath the 22,430-point plateau and it may take further damage on Tuesday.
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Lower Open Called For Singapore Stock Market
The Singapore stock market bounced higher again on Monday, one session after ending the three-day winning streak in which it had advanced more than 55 points or 1.3 percent. The Straits Times Index now rests just above the 4,030-point plateau although it may turn lower again on Tuesday.
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Japan June Bank Lending Climbs 2.8% On Year
Overall bank lending in Japan was up 2.8 percent on year in June, the Bank of Japan said on Tuesday - coming in at 639.746 trillion yen.
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