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Asian Shares Rebound In Cautious Trade; Nikkei Jumps Over 10%

Asian Shares Rebound In Cautious Trade; Nikkei Jumps Over 10%

Asian stocks recovered some lost ground on Tuesday after a brutal global sell-off the day before on heightened Middle East tensions, an unwinding of yen carry trades, lukewarm tech earnings, and concerns about slowing U.S. economic growth.
RTTNews | 796 hari yang lalu
Australia Keeps Key Rate Unchanged At 12-Year High

Australia Keeps Key Rate Unchanged At 12-Year High

Australia's central bank left its interest rate unchanged at a 12-year high for the sixth consecutive meeting and damped market expectations for a near term rate cut as it emphasized the need to keep the policy sufficiently restrictive to bring inflation to the target. As widely expected, the policy board of the Reserve Bank of Australia headed decided to hold the interest rate at 4.35 percent.
RTTNews | 796 hari yang lalu
European Economic News Preview: German Factory Orders Data Due

European Economic News Preview: German Factory Orders Data Due

Factory orders and construction Purchasing Managers' survey results from Germany and retail sales from the euro area are the top economic news due on Tuesday. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for June. Economists forecast orders to grow 0.7 percent on month, in contrast to the 1.6 percent decline in May.
RTTNews | 796 hari yang lalu
European Shares Poised For Rebound

European Shares Poised For Rebound

European stocks look set to rebound on Tuesday after analysts said the global market selloff due to the carry trade unwind is overdone.
RTTNews | 796 hari yang lalu
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Asian Markets Rebound After Historic Sell-off

Asian Markets Rebound After Historic Sell-off

Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from global markets overnight, as most markets rebounded strongly after the worst sell-off since 2008 amid fears about the world's largest economy slipping into recession following some recent disappointing data on US jobs and manufacturing activity. Asian markets closed mostly lower on Monday.
RTTNews | 796 hari yang lalu
Japanese Market Is Soaring 9%

Japanese Market Is Soaring 9%

Reversing some of the sharp losses in the previous three sessions, the Japanese stock market is soaring on Tuesday, with the Nikkei 225 moving up 3,000 points to be well above the 34,400 level, despite the broadly negative cues from global markets overnight, with strong gains across all the sectors led by index heavyweights and technology stocks.
RTTNews | 797 hari yang lalu
Thai Stock Market Likely To Open In The Red On Tuesday

Thai Stock Market Likely To Open In The Red On Tuesday

The Thai stock market has tracked lower in back-to-back sessions, slumping almost 50 points or 3.7 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,315-point plateau and it's likely to open in the red again on Tuesday.
RTTNews | 797 hari yang lalu
Australia Building Approvals Sink 6.5% In June

Australia Building Approvals Sink 6.5% In June

The total number of building approvals issued in Australia was down a seasonally adjusted 6.5 percent on month in June, the Australian Bureau of Statistics said on Tuesday - coming in at 13,237.
RTTNews | 797 hari yang lalu
Indonesia Bourse May Give Up Key Support At 7,000 Points

Indonesia Bourse May Give Up Key Support At 7,000 Points

The Indonesia stock market has moved lower in two straight sessions, tumbling more than 265 points or 3.6 percent along the way. The Jakarta Composite Index now sits just beneath the 7,060-point plateau and it's expected to open to the downside again on Tuesday.
RTTNews | 797 hari yang lalu

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