Berita Valas
CAC 40 Slides As PM Barnier Flags Tax Hikes On Wealthy
French stocks traded lower on Monday after a survey showed France's services sector contracted sharply in September, following a strong August driven by the Olympic Games.
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DAX Modestly Higher Despite Weak PMI Data
German stocks eked out modest gains on Monday despite weak business activity data signaling Europe's largest economy had tipped into recession.
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Asian Shares Mixed In Thin Holiday Trade
Asian stocks ended mixed on Monday as tensions escalated in the Middle East and China's central bank lowered a short-term policy rate and pumped more liquidity into the financial system in a bid to boost the world's second-largest economy.
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Lactaid Milk, Codfish Frying Mix, Snack Products Recalled For Undeclared Allergens
The U.S. Food and Drug Administration announced recalls of HP Hood LLC's lactaid milk, Avole Inc.'s codfish frying mix, and Grace Imports, LLC's snack products citing potential for various undeclared allergens.
Lynnfield, Massachusetts-based HP Hood called back five SKUs of 96 oz containers of LACTAID Milk because the product may contain trace amounts of almond. which is not listed on the label.
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China Cuts Short-Term Policy Rate Unexpectedly
The People's Bank of China unexpectedly lowered its short-term policy rate by 10 basis points and pumped more liquidity into the financial system on Monday. The central bank cut the 14-day reverse repurchase interest rate to 1.85 percent from 1.95 percent. The bank injected CNY 74.5 billion via the policy tool. The bank also conducted seven-day reverse repurchase operations of CNY 160.1 billion.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
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European Economic News Preview: Eurozone Flash Composite PMI Data Due
Flash Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Monday. At 3.15 am ET, S&P Global publishes France composite PMI survey results. The factory PMI is forecast to rise to 44.3 in September, while the services index is seen falling to 53.0. At 3.30 am ET, Germany's HCOB composite PMI survey data is due. Economists forecast the composite indic
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Berita lainnya
European Shares Seen Up As China Announces Another Rate Cut
European stocks may open broadly higher on Monday after the People's Bank of China cut the 14-day reverse repurchase interest rate by 10 basis points to 1.85 percent as part of reductions initiated in July.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Monday.
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Sensex, Nifty Modestly Higher In Early Trade
Indian shares were modestly higher in early trade on Monday, tracking mixed cues from global markets.
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Sensex, Nifty Seen Tad Higher At Open
Indian shares look set to open on a positive note Monday despite mixed global cues.
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Asian Shares Mixed As China Trims Repo Rate
Asian stocks traded mixed on Monday in the aftermath of the Federal Reserve's 50-bps rate cut last week. Regional volumes remained thin due to a market holiday in Japan.
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Indonesia Bourse May Remain Stuck In Neutral
The Indonesia stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had advanced more than 80 points or 1 percent. The Jakarta Composite Index now rests just above the 7,740-point plateau and it may tick lower again on Monday.
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