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Euro Drops In Lackluster Trade

The euro fell against its most major counterparts in the European session on Monday, as hopes of early U.S. rate cuts faded and the Eurozone's services PMI came in at 48.4 in January, down slightly from December's 48.8.
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Sensex, Nifty Decline After Powell's Comments

Sensex, Nifty Decline After Powell's Comments

Indian shares ended Monday's session modestly lower as the dollar and bond yields rose in international markets amid much uncertainty about the Federal Reserve's monetary path this year.
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European Shares Mixed In Lackluster Trade

European Shares Mixed In Lackluster Trade

European stocks were subdued on Monday as hopes of early U.S. rate cuts faded and the Eurozone's services PMI came in at 48.4 in January, down slightly from December's 48.8.
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FTSE 100 Marginally Higher In Lackluster Trade

FTSE 100 Marginally Higher In Lackluster Trade

U.K. stocks were seeing marginal gains on Monday after ONS figures suggested that Britain's unemployment rate was much lower than initial estimates at the end of last year.
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CAC 40 Struggles For Direction As Service Sector Contracts Again

CAC 40 Struggles For Direction As Service Sector Contracts Again

French stocks struggled for direction in early trade on Monday after Federal Reserve Chair Jerome Powell reiterated the central bank's stance to move carefully on rate cuts and a survey showed activity in France's services sector contracted for the eighth straight month in January.
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DAX Little Changed On Weak Trade Data

DAX Little Changed On Weak Trade Data

German stocks were little changed on Monday after official data showed the country's exports and imports declined more than expected in December.
RTTNews | 969 hari yang lalu
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Asian Shares Fall On Fading Rate-cut Bets

Asian Shares Fall On Fading Rate-cut Bets

Asian stocks ended broadly lower on Monday as robust U.S. jobs data coupled with relatively hawkish comments from Federal Reserve Chair Jerome Powell in an interview broadcast Sunday night led investors to scale back bets on interest rate cuts this year.
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Commodity Currencies Fall Amid Risk Aversion

Commodity Currencies Fall Amid Risk Aversion

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Monday amid risk aversion, as U.S. data showing much stronger than expected job growth in January and an improvement in consumer sentiment further dimmed the possibility of an interest rate cut in March. Mining and energy stocks were down amid weaker commodity prices.
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China Service Sector Growth Softens

China Service Sector Growth Softens

The Chinese service sector continued to expand in January, but the pace of expansion moderated on slowing new order growth, survey results from S&P Global showed on Monday. The Caixin services Purchasing Managers' Index, or PMI, unexpectedly fell to 52.7 in January from a five-month high of 52.9 in the previous month. The score was seen at 53.0.
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RTE Spiced Deli Ham Products, Pork Products Recalled

RTE Spiced Deli Ham Products, Pork Products Recalled

The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced the recall of Hormel Foods' ready-to-eat or RTE spiced deli ham products as well as Macgregors Meat and Seafood Ltd's frozen, RTE pork products. Austin, Minnesota-based Hormel Foods is recalling around 945 pounds of spiced deli ham products citing misbranding and undeclared milk, a known allergen.
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European Economic News Preview: Germany Foreign Trade Data Due

European Economic News Preview: Germany Foreign Trade Data Due

Foreign trade from Germany and investor confidence from the euro area are the top economic news due on Monday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's foreign trade data for December. The trade surplus is forecast to fall to EUR 19.8 billion from EUR 20.4 billion in November.
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