European Shares Poised For Mixed Open

RTTNews | 659天前

(RTTNews) - European stocks may open on a mixed note on Monday amid easing U.S. rate concerns and reports of heavy bombardment going on throughout the night across Gaza.

Israeli Prime Minister Benjamin Netanyahu vetoed calls for a ceasefire yet again on Sunday as the war with Hamas neared the one-month mark.

As their ground offensive gathers pace, Israeli forces have claimed that they have cut the Gaza Strip into two.

Asian stocks traded mostly higher ahead of Chinese inflation and trade data due this week.

Chinese Premier Li Qiang on Sunday pledged to continue deepening reforms, expand access to markets and boost imports, which have fallen this year.

South Korea's Kospi average surged more than 4 percent after a ban on short selling.

Japan's Nikkei average was up over 2 percent after BOJ Governor Ueda said he saw progress in achieving the central bank's 2 percent inflation target but not enough to end ultra-loose monetary policy.

The dollar held steady while gold edged lower on improved risk appetite in financial markets.

Oil prices rose as top exporters Saudi Arabia and Russia said they would continue with oil supply curbs of more than 1 million barrels a day through year-end.

The U.S. economic calendar is relatively quiet this week, with reports on initial jobless claims, the U.S. trade deficit and consumer sentiment along with remarks by Fed Chair Jerome Powell awaited.

U.S. stocks rose on Friday while the dollar and bond yields dipped after data showed U.S. jobs growth slowed in October and the unemployment rate ticked up slightly, underscoring views that the Fed is done hiking interest rates.

Data showed employment climbed by 150,000 jobs in October after an addition of a downwardly revised 297,000 jobs in September. The unemployment rate crept up to 3.9 percent from 3.8 percent in September.

Separate data showed a bigger than expected slowdown in the pace of growth in U.S. service sector activity in the month.

The tech-heavy Nasdaq Composite surged 1.4 percent, the S&P 500 gained 0.9 percent and the Dow added 0.7 percent.

European stocks fluctuated before finishing mostly higher on Friday, continuing the week's rally on dovish Fed bets.

The pan European STOXX 600 rose 0.2 percent to extend gains for the fifth consecutive session.

The German DAX edged up 0.3 percent, while France's CAC 40 slipped 0.2 percent and the U.K.'s FTSE 100 dropped 0.4 percent.

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 | 35分钟前

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小时15分钟前

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小时42分钟前

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 | 1小时45分钟前

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小时0分钟前

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小时2分钟前

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小时15分钟前

Taiwan Bourse May Hand Back Monday's Gains

The Taiwan stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had gained more than 600 points or 2.6 percent. The Taiwan Stock Exchange now rests just above the 24,275-point plateau although it's expected to open to the downside 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. For the day, the index surged 512.91 points or 2.16 points to finish at 24,277.38 after trading between 24,108.75 and 24,362.02. Among the actives, Mega Financial and United Microelectronics Corporation both eased 0.12 percent, while Fubon Financial jumped 1.93 percent, E Sun Financial and Formosa Plastics both sank 0.74 percent, Taiwan Semiconductor Manufacturing Company accelerated 3.08 percent, Hon Hai Precision rallied 2.47 percent, Largan Precision added 0.42 percent, MediaTek soared 3.30 percent, Novatek Microelectronics climbed 1.18 percent, Nan Ya Plastics surged 3.53 percent, Asia Cement gained 0.40 percent and Cathay Financial, CTBC Financial and Catcher Technology were unchanged.

RTTNews | 2小时45分钟前

EURUSD	1.1629	GBPUSD	1.34555	AUDUSD	0.64749
USDJPY	147.638	USDCAD	1.38568	USDCHF	0.8053