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Oil Edges Lower Despite Breakdown In US-Iran Peace Talks
Oil prices were sharply lower on Wednesday despite uncertainty over the progress of U.S.-Iran peace negotiations.
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71 days ago
DAX Modestly Higher; Rheinmetall, MTU Aero Engines Up Sharply
The German stock market's benchmark index DAX moved modestly higher on Wednesday with investors focusing on the Sintra Forum, where Fed Chair Kevin Warsh and ECB Christine Lagarde are scheduled to speak later in the day.
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71 days ago
European Shares Mixed As US-Iran Talks Stall
European stocks were mixed on Wednesday as uncertainty prevailed over the progress of U.S.-Iran peace negotiations and investors waited to hear from Federal Reserve Chairman Kevin Warsh and ECB President Chritine Lagarde at the annual European Central Bank Forum in Sintra, Portugal.
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71 days ago
Asian Shares Mixed Amid Iran Tensions
Asian stocks turned in a mixed performance on Wednesday as talks between the U.S. and Iran faced new hurdles, fueling inflation worries and increasing the likelihood of Federal Reserve interest-rate hikes.
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71 days ago
UK House Prices Remain Flat In June
UK house prices remained flat in June as uncertainty caused by the war in the Middle East and the subsequent rise in fuel prices and market interest rates weighed on the property market, data from Nationwide Housing Society showed Wednesday. House prices posted a flat growth in June following a fall of 0.6 percent in May. Prices were forecast to rise 0.1 percent.
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71 days ago
China Manufacturing Growth Remains Strong
China's manufacturing activity logged a robust growth in June, completing the strongest quarter since the fourth quarter of 2020, survey data released by S&P Global showed Wednesday. The RatingDog China manufacturing Purchasing Managers' Index posted 51.7 in June, down from 51.8 in May. Although the score fell to a three-month low in June, it remained above the long-run survey trend of 50.8.
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71 days ago
European Shares Poised For Soft Start Ahead Of US Jobs Data And Warsh Speech
European stocks are seen opening broadly lower on Wednesday as investors weigh U.S.-Iran tensions and await key U.S. economic data for additional clues on the outlook for U.S. monetary policy.
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71 days ago
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Indian Shares Edge Higher Despite Uncertainty Over Qatar Diplomacy
Indian shares opened on a positive note on Wednesday as oil prices remained subdued despite uncertainty surrounding ongoing U.S.-Iran negotiations in Doha.
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72 days ago
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market moves on Wednesday after opening in the green, adding to the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 8,750 level, despite the broadly positive cues from Wall Street overnight, with weakness in gold miners, energy and financial stocks partially offset by slight gains iron ore miners.
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72 days ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, boosted by strong gains in the technology sector, which mirrored their peers on the tech-heavy Nasdaq. Traders also refrained from big moves due to the lack of clarity over U.S.-Iran negotiations to end the Middle East war, fueling global inflation worries.
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72 days ago
Indian Shares Seen Flat To Lower Amid US-Iran Talks Uncertainty
Indian shares are seen opening flat to slightly lower on Wednesday, with continued FII selling, geopolitical uncertainties in West Asia and Fed rate hike jitters likely to keep investors on edge.
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72 days ago
Thai Bourse May Add To Its Winnings On Wednesday
The Thai stock market has finished higher in two straight sessions, advancing almost 50 points or 3.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,590-point plateau and it's expected to open to the upside again on Wednesday.
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72 days ago
Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Wednesday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 70,650 level, with gains in technology and financial stocks partially offset by weakness in automaker stocks.
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72 days ago
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