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Asian Shares Decline On Inflation Fears; Dollar Gains

Asian Shares Decline On Inflation Fears; Dollar Gains

Asian stocks slipped into the red on Monday, the dollar hovered near one-month high, and yields edged up as investors awaited the release of U.S. consumer price data on Tuesday that would provide much clarity on the Federal Reserve's monetary policy trajectory.
RTTNews | 1308 days ago
European Economic News Preview: Swiss Inflation Data Due

European Economic News Preview: Swiss Inflation Data Due

Consumer prices from Switzerland is the only major data due on Monday, headlining a light day for the European economic news. At 2.00 am ET, the Turkish Statistical Institute is set to release retail sales data for December. At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss consumer prices for January.
RTTNews | 1308 days ago
Sensex, Nifty Open Lower In Cautious Trade; Metal Stocks Gain

Sensex, Nifty Open Lower In Cautious Trade; Metal Stocks Gain

Indian shares opened slightly lower on Monday, tracking weak global cues as investors looked ahead to the release of U.S. inflation, retail sales and industrial production data this week for additional clues on the rate outlook.
RTTNews | 1308 days ago
Asian Markets Mostly Lower

Asian Markets Mostly Lower

Asian stock markets are trading mostly lower on Monday, following the mixed cues from Wall Street on Friday, reflecting lingering uncertainty about the outlook for interest rates ahead of this week's release of the closely watched US inflation data. Markets also reflected the reaction to the latest batch of corporate earnings news across markets. Asian markets closed mixed on Friday.
RTTNews | 1308 days ago
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Steady Start Expected For Thai Stock Market

Steady Start Expected For Thai Stock Market

The Thai stock market has finished lower in five straight sessions, sinking more than 25 points or 1.5 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,665-point plateau and it's likely to see little movement again on Monday.
RTTNews | 1308 days ago
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is significantly lower on Monday, giving up the gains in the previous session, with the Nikkei 225 falling below the 27,400 level, following the mixed cues from Wall Street on Friday, dragged by technology stocks which mirrored their peers on the tech-heavy Nasdaq.
RTTNews | 1308 days ago
Soft Start Seen For Indonesia Stock Market

Soft Start Seen For Indonesia Stock Market

The Indonesia stock market has finished lower in two straight sessions, sinking almost 60 points or 0.8 percent along the way. The Jakarta Composite Index now rests just above the 6,880-point plateau and it's expected to open in the red again on Monday.
RTTNews | 1308 days ago
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is modestly lower in choppy trading on Monday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying just above the 7,400 level, following the mixed cues from Wall Street on Friday, dragged by weak earnings reports or disappointing corporate updates by some major companies.
RTTNews | 1308 days ago
Hong Kong Bourse May Extend Friday's Losses

Hong Kong Bourse May Extend Friday's Losses

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day slide in which it had plummeted more than 840 points or 3.8 percent. The Hang Seng Index now sits just above the 21,190-point plateau and it's expected to open under pressure again on Monday.
RTTNews | 1308 days ago

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