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European Shares Subdued Ahead Of ECB, BOE Rate Decisions
European stocks were subdued near three-week lows on Thursday as investors watched the latest developments in the Middle East and awaited policy updates from the European Central Bank and the Bank of England.
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134 days ago
French Economy Stalls In Q1; Inflation Accelerates
France's economy remained flat in the first quarter due to sluggish domestic demand and weaker exports and consumer price inflation hit the highest since mid-2024, driven by surging energy prices, official data showed Thursday. Gross domestic product stalled in the first quarter after expanding 0.2 percent in the fourth quarter, according to the first estimate from the statistical office INSEE.
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134 days ago
Asian Shares Mostly Lower As Oil Extends Rally On Middle East Supply Fears
Asian stocks ended mostly lower on Thursday as a sharp rise in oil prices on fears of a prolonged conflict in the Middle East overshadowed stronger-than-expected earnings from major U.S. tech giants.
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134 days ago
U.S. Dollar Rallies Against Majors
The U.S. dollar climbed against its major counterparts in the New York session on Wednesday.
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134 days ago
European Shares May Tumble As Oil Spike Revives Inflation, Growth Concerns
European stocks may tumble at open on Thursday as investors await the European Central Bank (ECB) and the Bank of England's (BOE) policy decisions and policymakers' assessment of the ongoing Middle East conflict.
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134 days ago
Indian Shares Tumble Amid Iran Tensions
Indian shares were sharply lower in early trade on Thursday as Brent crude prices topped $120 a barrel on rising uncertainty over the war in the Middle East, fueling inflation and interest-rate concerns.
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134 days ago
Australian Market Trims Early Losses In Mid-market
The Australian market is trimming the early losses in mid-market moves on Thursday, extending the losses in the previous seven sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,700 level, with weakness in mining stocks partially offset by gains in financial and technology stocks.
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134 days ago
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Asian Markets Trade Mixed
Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, with traders remaining cautious as the blockade of all maritime traffic entering and exiting Iranian ports and the Strait of Hormuz continues, pushing crude oil prices higher to levels not seen in four years and continuing to escalate inflationary pressures. Asian markets closed mostly higher on
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134 days ago
Indian Shares Seen Opening Lower As Oil Spikes
Indian shares are seen opening a tad lower on Thursday as investors react to exit poll projections for various states, surging oil prices, a divided Federal Reserve policy decision and mixed earnings from mega-cap U.S. companies, with Meta Platforms significantly increasing its investment in artificial intelligence infrastructure.
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134 days ago
Rally May Stall For Thai Stock Market
The Thai Stock market has moved higher in three straight sessions, adding more than 35 points or 2.5 percent along the way. The Stock Exchange of Thailand now sits just above the 1,490-point plateau although it may run out of steam on Thursday.
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134 days ago
Indonesia Shares May Be Stuck In Neutral On Thursday
The Indonesia stock market on Wednesday ended the seven-day losing streak in which it had tumbled more than 550 points or 5.1 percent. The Jakarta Composite Index now rests just above the 7,100-point plateau and it's expected to remain in that neighborhood again on Thursday.
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134 days ago
Japanese Market Notably Lower
The Japanese market is notably lower in post-holiday trading on Thursday, reversing some of the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling well below the 59,450 level, with weakness across most sectors led by automakers and financial stocks.
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134 days ago
Hong Kong Shares May Head South Again On Thursday
The Hong Kong stock market on Wednesday ended the two-day slide in which it had slumped almost 300 points or 1.2 percent. The Hang Seng Index now rests just above the 26,110-point plateau although it may see renewed consolidation on Thursday.
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134 days ago
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