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Gold Prices Decline Amid Ongoing Gulf War Concerns
Gold dipped toward $4,700 an ounce on Tuesday as the U.S. dollar index climbed above 98.00 due to rising geopolitical tensions linked to the Iran conflict.
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122 days ago
Oil Extends Rally As US-Iran Peace Deal Hopes Fade
Oil prices extended their surge on Tuesday amid fresh doubts over the U.S.-Iran ceasefire.
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122 days ago
European Shares Decline As US-Iran Peace Deal Hopes Fade
European stocks traded lower on Tuesday as hopes for a U.S.-Iran peace deal diminished and data showed German inflation increased for the second consecutive month as a result of another rise in energy prices due to the Iran war.
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122 days ago
Asian Shares Mostly Lower As US-Iran Peace Talks Falter
Asian stocks ended mostly lower on Tuesday as a recent tech-led rally lost steam and oil prices extended their surge amid fresh doubts over the U.S.-Iran ceasefire.
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122 days ago
European Economic News Preview: German ZEW Economic Confidence Due
Economic sentiment and final inflation from Germany are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to release Germany's final inflation figures for April. The flash estimate showed that consumer price inflation rose to 2.9 percent from 2.7 percent in March.
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122 days ago
European Shares Seen Opening On Cautious Note
European stocks may drift lower at open on Tuesday as investors monitor the latest developments in the Middle East war and await the release of April's U.S. consumer price index reading later in the day for directional cues.
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122 days ago
Indian Shares Extend Losses As Strait Tensions Rise; IT Stocks Worst Hit On AI Fears
Indian shares opened lower on Tuesday, extending steep losses from the previous session as investors fretted about the potential impact of surging crude oil prices and a weakening rupee on the Indian economy.
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122 days ago
more news
Australian Market Slips To Modest Losses In Mid-market
The Australian stock market is slipping to modest losses in mid-market trading on Tuesday, extending the losses in the previous two sessions, despite the broadly positive cues from Wall Street on Monday. The benchmark S&P/ASX 200 index is falling well below the 8,700.00 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
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122 days ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street on Monday, as fading hopes for US-Iran peace negotiations dampened market sentiment after US President Donald Trump rejected Iran's counteroffer to end the war as "unacceptable", adding the month-old ceasefire with Iran is "unbelievably weak" and on "massive life support."
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122 days ago
Indian Shares Set To Extend Losses On Oil-led Inflation Fears
Indian shares may drift lower at open on Tuesday as investors monitor dollar and crude oil price movements for fresh direction. The latest batch of quarterly earnings from domestic companies may also remain in focus.
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122 days ago
Bargain Hunting May Boost Thai Stock Market
The Thai Stock market has finished lower in three straight sessions, sinking almost 30 points or 1.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,490-point plateau although it's expected to open higher on Tuesday.
The global forecast for the Asian markets is mixed with a touch of upside as ambiguity continues to reign in the Middle East. The European markets were mixed and the U.S. bourses were slightly higher and the Asian markets figure to split the difference.
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122 days ago
Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Tuesday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street on Monday, with the Nikkei 225 moving above the 62,800 level, with gains in exporters, financial and technology stocks.
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122 days ago
Indonesia Shares Due For Support On Tuesday
The Indonesia stock market has moved lower in two straight sessions, sinking almost 275 points or 3.6 percent in that span. The Jakarta Composite Index now rests just above the 6,900-point plateau although it's likely to stop the bleeding on Tuesday.
The global forecast for the Asian markets is mixed with a touch of upside as ambiguity continues to reign in the Middle East. The European markets were mixed and the U.S. bourses were slightly higher and the Asian markets figure to split the difference.
The JCI finished modestly lower on Monday following losses from the financial shares and telecoms, while the resource and cement companies were mixed.
For the day, the index slumped 63.78 points or 0.92 percent to finish at 6,905.62 after trading between 6,846.63 and 7,001.68.
Among the actives, Bank CIMB Niaga tumbled 1.78 percent, while Bank Mandiri eased 0.07 percent, Bank Danamon Indonesia rallied 4.21 percent, Bank Negara Indonesia skidded 1.04 percent, Bank Central Asia shed 0.40 percent, Bank Rakyat Indonesia stumbled 1.84 percent, Indosat Ooredoo Hutchison tanked 2.68 percent, Indocement spiked 2.96 percent, Semen Indonesia dropped 0.96 percent, Indofood Sukses Makmur sank 0.72 percent, United Tractors slumped 0.82 percent, Astra International soared 3.86 percent, Energi Mega Persada cratered 3.55 percent, Astra Agro Lestari jumped 1.86 percent, Aneka Tambang vaulted 1.93 percent, Vale Indonesia skyrocketed 11.06 percent, Timah strengthened 2.01 percent and Bumi Resources lost 1.85 percent.
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122 days ago
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