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Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Monday in thin holiday trading, following the broadly positive cues from global markets on Friday, with most of the markets in the region closed for Labor Day holiday. Traders digest the better-than-expected US consumer price inflation data that is expected to impact the outlook for interest rate hikes. Asian markets closed mostly higher on Friday.
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1235 days ago
Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Monday, extending the gains in the previous two sessions, with the Nikkei 225 moving above the 29,000 mark to eight-month highs, following the positive cues from global markets on Friday, with notable gains in heavyweight stocks after the Bank of Japan kept rates at ultra-low levels.
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1235 days ago
Australian Market Notably Higher
The Australian stock market is notably higher on Monday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 7,300 level, following the broadly positive cues from global markets on Friday, with gains across most sectors, led by energy and technology stocks.
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1235 days ago
Japan Manufacturing PMI Improves To 49.5 In April - Jibun
The manufacturing sector in Japan continued to contract in April, albeit at a slower rate, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 49.5.
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1235 days ago
Australia Manufacturing PMI Sinks Further Into Contraction - Judo Bank
The manufacturing sector in Australia continued to contract in April, and at a faster rate, the latest survey from Judo Bank revealed on Monday with a 35-month low manufacturing PMI score of 48.0.
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1235 days ago
Japan Household Confidence Index Data Due On Monday
Japan will on Monday see April results for its household confidence index, highlighting a light day for Asia-Pacific economic activity. The index is expected to see a score of 34.7, up from 33.9 in March.
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1235 days ago
TSX Ends On Firm Note For 2nd Straight Day
The Canadian market ended on a firm note on Friday, extending gains from the previous session, thanks largely to strong buying in the energy sector as oil prices rose sharply.
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1237 days ago
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Dollar Rises Against Some Major Rivals On Rate Hike Bets
The U.S. dollar remained fairly steady and scored gains against some of its major counterparts on Friday amid bets the Federal Reserve will raise interest rate next week.
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1237 days ago
Swiss Market Ends On Firm Note
The Switzerland stock market ended on a firm note on Friday after staying positive right through the day's session as investors shrugged off concerns about growth and focused on earnings.
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1237 days ago
Major European Markets Close Higher
European stocks closed higher on Friday, recovering well after a mid morning setback, as some upbeat corporate earnings helped offset concerns about economic slowdown and interest rates.
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1237 days ago
Energy, Industrial Shares Lift Canadian Market
The Canadian market is up in positive territory in early afternoon trades, led by gains in energy and industrials sections.
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1237 days ago
Russia Central Bank Holds Rate Steady, Leaves Door Open For Future Hikes
The Bank of Russia left its key interest rate unchanged for the fifth policy session in a row on Friday, but did not rule out the possibility of a rate hike in future as inflation is rising gradually. The Board of Directors, led by Governor Elvira Nabiullina, left the key rate unchanged at 7.50 percent, as expected.
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1237 days ago
Chicago Business Barometer Unexpectedly Increases In April
A report released by MNI Indicators on Friday showed a continued contraction in Chicago-area business activity in the month of April, although the pace of contraction unexpectedly slowed. MNI Indictors said its Chicago business barometer climbed to 48.6 in April from 43.8 in March. While a reading below 50 still indicates a contraction, economists had expected the index to edge down to 43.5.
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1237 days ago
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