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European Economic News Preview: Eurozone Final Inflation Data Due
Final consumer price data from the euro area is the only major data due on Wednesday.
At 2.00 am ET, the European Automobile Manufacturers' Association is scheduled to issue Europe's new car registrations for April. Auto sales had increased 28.8 percent annually in March.
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1220 days ago
European Shares Seen Tad Lower On US Debt Ceiling Worries
European stocks may open slightly lower on Wednesday as investors parse the latest Fed officials' comments and await news on the U.S. debt ceiling negotiations.
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1220 days ago
Sensex, Nifty Marginally Lower In Cautious Trade
Indian shares were subdued on Wednesday, with a disappointing forecast from U.S. home improvement retailer Home Depot and lingering concerns over the U.S. debt ceiling impasse keeping investors nervous.
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1220 days ago
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, despite the broadly negative cues from global markets overnight, with traders hopeful a deal is reached on the U.S. debt ceiling as US President Joe Biden meets with top congressional leaders. US Treasury Secretary Janet Yellen has said a recession would be likely if the US defaulted on its debt. Asian markets closed mixed on Tuesday.
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1220 days ago
Sensex, Nifty To Edge Lower On Weak Global Cues
Indian shares are seen opening lower on Wednesday, tracking weak global cues and amid news that the monsoon will be delayed this year.
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1220 days ago
Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Wednesday, extending the gains in the previous four sessions, with the Nikkei 225 breaching the 30,000 mark, despite the broadly negative cues from global markets overnight, with gains across most sectors after data showed Japan's economy expanding more than expected in the first quarter.
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1220 days ago
Losses May Accelerate For Thai Stock Market
The stock market has tracked lower in four straight sessions, sinking more than 30 points or 1.9 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,540-point plateau and it may extend its losses on Wednesday.
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1220 days ago
more news
Australia Wage Price Index Rises 0.8% In Q1
The wage price index in Australia was up a seasonally adjusted 0.8 percent on quarter in the first quarter of 2023, the Australian Bureau of Statistics said on Wednesday.
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1220 days ago
Lower Open Predicted For Indonesia Stock Market
The Indonesia stock market moved back to the downside again on Tuesday, one session after ending the two-day slide in which it had slumped more than 100 points or 1.5 percent. The Jakarta Composite Index now rests just above the 6,675-point plateau and it may take further damage on Wednesday.
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1220 days ago
Australian Market Notably Lower
The Australian stock market is notably lower on Wednesday, extending the losses in the previous session, with the benchmark S&P/ASX 200 staying below the 7,200 level, following the broadly negative cues from global markets overnight, with weakness across most sectors, led by materials and financial stocks.
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1220 days ago
Singapore Trade Surplus SGD4.713 Billion In April
Singapore posted a merchandise trade surplus of SGD4.713 billion in April, Statistics Singapore said on Wednesday.
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1220 days ago
Win Streak Likely To End For Hong Kong Shares
The Hong Kong stock market has tracked higher in back-to-back sessions, gathering more than 350 points or 1.7 percent along the way. The Hang Seng Index now sits just beneath the 19,980-point plateau although it's likely to run out of steam on Wednesday.
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1220 days ago
China Stock Market May Extend Tuesday's Losses
The China stock market turned lower again on Tuesday, one session after ending the four-day losing streak in which it had tumbled almost 125 points or 3.7 percent. The Shanghai Composite Index now sits just above the 3,290-point plateau and it's expected to open in the red again on Wednesday.
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1220 days ago
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