European Shares Seen Mixed As Focus Shifts To Central Bank Meetings

RTTNews | 1072 วันที่ผ่านมา

(RTTNews) - European stocks look set to open on a mixed note Monday as focus shifts to the Federal Reserve's two-day policy meeting, which will begin Tuesday.

The Fed is widely expected to raise interest rates by another 75 basis points, although some see an outside chance for a 100-basis point rate hike.

Asian stocks were subdued, with Japanese markets closed for a holiday.

This week is littered with 13 central bank meetings, with the BOJ, SNB and BOE all lined up.

The People's Bank of China cut its 14-day reverse repo rates today and stepped up cash injections to counteract higher demand towards the quarter-end.

The dollar was off its 20-year peak as more ECB officials warned about interest-rate rises. Gold prices edged lower while oil prices rose as the Chinese megacity of Chengdu exited a two-week lockdown.

U.S. stocks fell on Friday to hit two-month lows as a profit warning from global delivery bellwether FedEx heightened fears of a recession.

The Dow shed half a percent, the tech-heavy Nasdaq Composite gave up 0.9 percent and the S&P 500 declined 0.7 percent.

European stocks tumbled on Friday as the IMF and the World Bank flagged recession risks.

The pan European Stoxx 600 lost 1.6 percent. The German DAX fell 1.7 percent, France's CAC 40 index dropped 1.3 percent and the U.K.'s FTSE 100 dipped 0.6 percent.

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 20 นาทีที่ผ่านมา

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 51 นาทีที่ผ่านมา

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 1 ชม. 31 นาทีที่ผ่านมา

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 1 ชม. 59 นาทีที่ผ่านมา

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2 ชม. 1 นาทีที่ผ่านมา

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2 ชม. 16 นาทีที่ผ่านมา

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 2 ชม. 19 นาทีที่ผ่านมา

China Stock Market Due For Consolidation

The China stock market has moved higher in four straight sessions, advancing almost 160 points or 4.4 percent along the way. The Shanghai Composite Index now sits just above the 3,880-point plateau although it may see profit taking on Tuesday.

RTTNews | 2 ชม. 31 นาทีที่ผ่านมา

EURUSD	1.16297	GBPUSD	1.34554	AUDUSD	0.64755
USDJPY	147.693	USDCAD	1.38566	USDCHF	0.80531