European Shares Seen Broadly Lower; FTSE 100 Set For Higher Open

RTTNews | 1天前
European Shares Seen Broadly Lower; FTSE 100 Set For Higher Open

(RTTNews) - European stocks are seen opening mixed on Tuesday, with U.K. markets likely to rise as traders return to their desks from a long holiday weekend.

Futures on the Wall Street maintained gains while Asian markets traded mixed as jitters persist over U.S. tariffs and fiscal deficit.

Investors ignored data that showed China's industrial profits rose at a faster pace in April despite trade tensions and deflationary pressures.

China's central bank has asked its major lenders to raise the share of yuan when facilitating cross-border trade, Bloomberg News reported, citing people familiar with the matter.

Elsewhere, Bank of Japan Governor Kazuo Ueda gave the yen a boost by saying the central bank is still eyeing more rate hikes, if the economy improves as expected.

The dollar struggled for direction as focus shifted to debate in the U.S. Senate on President Trump's tax-cut bill and its implications for the U.S. debt profile.

The euro gained, with European Central Bank president Christine Lagarde sensing a unique opportunity for the currency to expand its global influence.

Gold hovered near a two-week high while oil edged lower ahead of an OPEC+ meeting that will decide on supply policy.

U.S. markets were closed on Monday in observance of Memorial Day. In Europe, stocks ended higher on Monday as U.S. President Trump postponed the implementation of 50 percent tariffs on the European Union goods to July 9 from June 1.

The pan European STOXX 600 gained 1 percent. The German DAX rallied 1.7 percent and France's CAC 40 added 1.2 percent while the U.K. market was shut for Spring Bank Holiday.

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Renewed Selling Pressure Expected For Taiwan Shares

Renewed Selling Pressure Expected For Taiwan Shares

The Taiwan stock market on Wednesday ended the four-day losing streak in which it had given up more than 460 points or 2.2 percent. The Taiwan Stock Exchange now sits just above the 21,350-point plateau although it may head south again on Thursday.
RTTNews | 27分钟前
Singapore Bourse May Run Out Of Steam On Thursday

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RTTNews | 1小时27分钟前
Japan Stock Market May Extend Wednesday's Losses

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RTTNews | 1小时42分钟前
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RTTNews | 1小时57分钟前
Korea Rate Decision Due On Thursday

Korea Rate Decision Due On Thursday

The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is widely expected to keep its benchmark lending rate unchanged at 2.75 percent.
RTTNews | 2小时57分钟前
Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

Swiss stocks turned in a weak performance on Wednesday, losing ground gradually after opening marginally down, as uncertainty about U.S. government's trade policies rendered the mood cautious.
RTTNews | 7小时39分钟前