European Shares Seen Opening Up In Low-volume Trade

RTTNews | 291 days ago
European Shares Seen Opening Up In Low-volume Trade

(RTTNews) - European stocks are seen opening flat to slightly higher on Friday amid low-volume trade after data from Salesforce showed online sales in the U.S. on the Thanksgiving holiday are likely to increase 6 percent compared with last year to reach $8.6 billion.

The National Retail Federation (NFR) expects holiday sales to surpass $1 trillion this year for the first time.

Meanwhile, exchange operator CME halted futures trading in derivatives market late Thursday night, citing a cooling issue at CyrusOne data centers.

Asian markets were muted after property developer China Vanke sought to delay an onshore bond repayment for the first time, sending its bonds plunging and rekindling worries about a spillover effect for the broader property sector.

Technology stocks lost steam as the corporate legal battle between global chip rivals Taiwan Semiconductor Manufacturing Company (TSMC) and Intel escalated into a criminal investigation.

The dollar was on track for its worst week in four months as traders ramped up bets for further monetary easing from the Federal Reserve.

Also, expectations grew that President Donald Trump could name a more dovish Fed chair before Christmas.

The 10-year Treasury yield edged up to 4.01 percent after holding at 4 percent on Wednesday, reflecting investor concerns around inflation and U.S. economic stability.

Gold held near two-week highs, moving towards $4,200 per ounce on Fed rate cut bets.

Oil headed for the longest run of monthly losses in more than two years as traders looked ahead to an OPEC+ meeting this weekend and weighed the impact of U.S.-led efforts to end the conflict in Ukraine.

U.S. markets were closed on Thursday in observance of the Thanksgiving holiday. Trading will reopen with shortened hours today, closing at 1 p.m. ET for Black Friday 2025.

European stocks ended flat to slightly higher on Thursday amid optimism about an interest rate cut by the Federal Reserve in December and hopes of a potential Russia - Ukraine peace deal.

The pan European Stoxx 600 edged up by 0.1 percent. France's CAC 40 and the U.K.'s FTSE 100 ended flat with positive bias while the German DAX added 0.2 percent.

read more
European Shares Set For Cautious Open

European Shares Set For Cautious Open

European stocks are seen opening on a cautious note on Tuesday as investors look ahead to monetary policy meetings of central banks, including the U.S. Federal Reserve, the Bank of England and the Bank of Japan this week.
RTTNews | 2h 3min ago
Asian Markets Track Wall Street Lower

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 remain concerned about the uncertainty in the Middle East conflict. Higher bond yields and soaring crude oil prices fueled global inflation concerns and indicated an imminent interest rate hike from the US Fed this week. Asian markets closed mostly lower on Monday.
RTTNews | 4h 22min ago
Lower Open Expected For Thai Stock Market

Lower Open Expected For Thai Stock Market

The Thai stock market has moved lower in four straight sessions, retreating almost 30 points or 1.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,590-point plateau and it's expected to spin its wheels again on Tuesday.
RTTNews | 5h 39min ago
Indonesia Bourse May See Continued Consolidation On Tuesday

Indonesia Bourse May See Continued Consolidation On Tuesday

The Indonesia stock market has finished lower in four straight sessions, sinking more than 150 points or 2.3 percent along the way. The Jakarta Composite Index now sits just above the 6,530-point plateau and it's looking at another soft start again on Tuesday.
RTTNews | 6h 9min ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Tuesday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling well below the 63,400 level, with weakness in automakers and financial stocks partially offset by gains in index heavyweights.
RTTNews | 6h 15min ago
Hang Seng May Hand Back Monday's Gains

Hang Seng May Hand Back Monday's Gains

The Hong Kong stock market on Monday halted the five-day losing streak in which it had given up more than 850 points or 3 percent. The Hang Seng Index now sits just shy of the 24,920-point plateau although it may head south again on Tuesday.
RTTNews | 6h 24min ago