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European Shares Likely To Open Higher Ahead Of US CPI Data
European stocks may open higher on Tuesday as investors await the all-important U.S. CPI data later in the day to gauge when the Fed will begin cutting rates.
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European Economic News Preview: UK Unemployment Data Due
The labor market data from the UK and final consumer prices from Germany are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK unemployment data for January. The jobless rate is seen unchanged at 3.8 percent in three months to January.
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Sensex, Nifty Gain Led By Banks, Financials
Indian shares opened on a positive note Tuesday even as a cautious undertone prevailed ahead of crucial U.S. inflation data due out later in the day that could influence the timing of the Federal Reserve's pivot to monetary easing.
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Asian Markets Mostly Higher
Asian stock markets are mostly higher on Tuesday, following the mixed cues from global markets overnight, amid optimism about the outlook for interest rates as traders looked ahead to a slew of crucial economic data, including reports on consumer and producer price inflation, for more clarity about the US central bank's interest rate moves. Asian markets closed mixed on Monday.
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Sensex, Nifty May Follow Asian Peers Higher
Indian shares may open on a positive note Tuesday despite mixed global cues as investors await key U.S. consumer price inflation and producer price data this week for additional clues on the Fed's rate trajectory.
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Japanese Market Significantly Lower
Extending the strong losses in the previous session, the Japanese stock market is significantly lower on Tuesday, with the Nikkei 225 retracting from recent all-time highs to fall below the 38,400 level, following the mixed cues from global markets overnight, with losses in index heavyweights, exporters and financial stocks.
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Lower Open Anticipated For Thai Stock Market
The Thai stock market on Monday snapped the three-day winning streak in which it had gathered almost 30 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,380-point plateau and it may open in the red again on Tuesday.
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Berita lainnya
Hong Kong Shares May Open Under Water On Tuesday
The Hong Kong stock market has finished higher in two straight sessions, advancing more than 350 points or 2.1 percent along the way. The Hang Seng Index now sits just beneath the 16,590-point plateau although investors may cash in on Tuesday.
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Australian Market Slightly Higher
Recouping some of the losses in the previous session, the Australian stock market is slightly higher on Tuesday, following the mixed cues from global markets overnight. The benchmark S&P/ASX 200 is staying a tad above the 7,700 level, with gains in gold miners, technology and financial stocks nearly offset by losses in major iron ore miners and energy stocks.
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China Stock Market May Run Out Of Steam On Tuesday
The China stock market has climbed higher in back-to-back sessions, advancing more than 40 points or 1.3 percent along the way. The Shanghai Composite Index now rests just beneath the 3,070-point plateau although it may spin its wheels on Tuesday.
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Tech Shares May Weigh On Taiwan Stock Market
The Taiwan stock market on Monday ended the five-day winning streak in which it had rallied more than 840 points or 4.3 percent. The Taiwan Stock Exchange now sits just above the 19,725-point plateau and it may take further damage on Tuesday.
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Singapore Bourse May Extend Monday's Losses
The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had slipped almost 35 points or 1.1 percent. The Straits Times Index now sits just beneath the 3,140-point plateau and it's likely to open under pressure again on Tuesday.
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Rally May Stall For Malaysia Stock Market
The Malaysia stock market has moved higher in three straight sessions, collecting more than a dozen points or 0.8 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,545-point plateau although it's due for consolidation on Tuesday.
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