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Gold Edges Lower In Lackluster Trade; US Inflation Data In Focus
Gold edged lower on Thursday amid fears that rising oil prices will fan inflation and add to pressure on global central banks to raise interest rates.
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30 minutes ago
Oil Prices Rise In Choppy Trade
Oil prices traded higher on Thursday, recovering from an early slide as the Middle East conflict showed no signs of easing.
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51 minutes ago
European Shares Mixed In Cautious Trade Ahead Of ECB Rate Decision
European stocks were mixed in cautious trade on Thursday, after having reached over one-month lows on Wednesday amid concerns about rising Middle East tensions and hawkish rate bets.
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1h 9min ago
Asian Shares Slide Amid Inflation Concerns
Asian stocks ended lower on Thursday as rising oil prices and bond yields fueled concerns about inflation and the Federal Reserve's rate path.
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1h 35min ago
Indian Rupee Falls To 10-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the early European session on Thursday, amid surging crude oil prices as the U.S. and Iran continued to trade attacks, dashing hopes for the reopening of the Strait of Hormuz and renewing inflation concerns.
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2h 5min ago
European Shares Seen Opening Mixed Ahead Of ECB Rate Decision
European stocks are seen opening mixed on Thursday ahead of a European Central Bank (ECB) policy meeting and the release of the U.S. August Producer Price Index (PPI) later in the day.
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4h 44min ago
Indian Shares Little Changed In Cautious Trade
Indian shares were little changed in cautious trade on Thursday as the Middle East conflict showed no signs of easing and caution set in ahead of the release of crucial U.S. inflation data, which could influence the chances of a Federal Reserve rate hike on September 16.
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5h 28min ago
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Australian Market Extends Early Losses In Mid-market
The Australian market is extending its early losses in mid-market moves on Thursday, adding to the losses in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness in across most sectors led by financial and technology stocks.
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6h 48min ago
Asian Markets A Sea Of Red
Asian stock markets are a sea of red on Thursday, following the broadly negative cues from Wall Street overnight, as surging crude oil prices weighed on investor sentiment and raised concerns over global inflation risks and the outlook for interest rates amid escalating US-Iran tensions and growing concerns over disruptions to Middle East energy supplies. Asian markets closed mixed on Wednesday.
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7h 8min ago
Indian Shares Set To Follow Global Peers Lower
Indian shares may follow global peers lower on Thursday as the Middle East conflict showed no signs of easing.
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7h 31min ago
Lower Open Called For Thai Stock Market
The Thai stock market on Wednesday ended the four-day winning streak in which it had gained almost 50 points or 3.1 percent. The Stock Exchange of Thailand now sits just above the 1,615-point plateau and it's tipped to open under water again on Thursday.
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8h 11min ago
Japanese Market Sharply Lower
The Japanese market is trading sharply lower on Thursday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is well below the 64,400 level, with weakness in index heavyweights and technology stocks partially offset by gains in financial stocks.
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8h 39min ago
Indonesia Stock Market May Open In The Red
The Indonesia stock market turned lower again on Wednesday, one day after ending the two-day slide in which it had given up almost 50 points or 0.8 percent. The Jakarta Composite Index now rests just beneath the 6,680-point plateau and it may continued selling pressure on Thursday.
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8h 41min ago
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