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European Shares Poised To Open Higher As Focus Shifts To Fed Meeting
European stocks are likely to open higher on Tuesday as the focus shifts to a two-day policy meeting of the U.S. Reserve that gets underway later today.
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936天前
European Economics Preview: UK Final Factory PMI Data Due
Final factory Purchasing Managers' survey data from the UK is due on Tuesday, headlining a light day for the European economic news. At 3.00 am ET, Destatis is scheduled to issue Germany's import price data for September. Import price inflation is seen at 31.0 percent versus 32.7 percent in August.
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936天前
China Manufacturing Activity Continues To Contract
China's manufacturing activity continued to shrink in October, albeit at a slower pace, as Covid-19 outbreaks and consequent tightening of prevention measures dampened production and demand. The Caixin manufacturing Purchasing Managers' Index rose to 49.2 in October from 48.1 in the previous month, data from S&P Global showed on Tuesday. Nonetheless, the score has remained below the neutral 50.0.
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936天前
Australian Dollar Eases After RBA's Smaller Rate Hike
The Australian dollar retreated against its major counterparts in the Asian session on Tuesday, after the Reserve Bank of Australia raised interest rate by a modest 25 basis point for the second straight meeting.
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936天前
Sensex, Nifty Open Higher As Fed Meeting Gets Underway
Indian shares opened on a positive note Tuesday despite mixed global cues.
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936天前
Asian Markets Trading Mostly Higher
Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, amid higher global bond yields even as traders are cautious as they await the US Fed's policy announcement on Wednesday. The Fed is widely expected to raise its benchmark interest rate by another 75 basis points, its fourth straight rate hike, to fight soaring inflation.
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936天前
Rally May Stall For Thai Stock Market
The Thai stock market has moved higher in three straight sessions, gathering almost a dozen points or 0.8 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,610-point plateau although it may run out of steam on Tuesday.
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936天前
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Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Tuesday, extending the gains in the previous session, with the Nikkei 225 moving above the 27,600 level, despite the broadly negative cues from Wall Street overnight, as traders remained cautious ahead of the US Fed rate decision on Wednesday. Some positive domestic earnings news also aided market sentiment.
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936天前
Sensex, Nifty Seen Opening Up With Earnings In Focus
Indian shares look set to open a tad higher on Tuesday, as investors react to the latest earnings results and await the outcome of a two-day policy meeting of the U.S. Federal Reserve that gets underway later today.
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936天前
Soft Start Anticipated For Indonesia Stock Market
The Indonesia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had slipped almost 10 points or 0.15 percent. The Jakarta Composite Index now rests just beneath the 7,100-point plateau although it's expected to turn lower again on Tuesday.
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936天前
South Korea Manufacturing PMI Improves To 48.2 In October - S&P Global
The manufacturing sector in South Korea continued to contract in October, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 48.2.
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936天前
Taiwan Manufacturing PMI Tumbles To 13-Year Low - S&P Global
The manufacturing sector in Taiwan continued to contract in October, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a 13-year low manufacturing PMI score of 41.5.
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936天前
Australian Market Modestly Higher
The Australian stock market modestly higher on Tuesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving to nearly the 6,900 level, despite the broadly negative cues from Wall Street overnight, led by some gains in technology, materials and energy stocks, even as traders cautiously await the RBA's rate decision later in the day.
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936天前
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