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CAC Struggles To Find Footing
French stocks struggled for direction on Thursday as investors awaited U.S. consumer inflation data later in the day for additional clues on the U.S. rate outlook. Despite risks of a recession, the U.S. central bank is likely to raise policy rates by 75 bps in November.
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1429 days ago
Canadian Dollar Lower Before U.S. Inflation Data
The Canadian dollar declined against its major counterparts on Thursday, as oil prices fell ahead of U.S. inflation data that is expected to support the likelihood of a 75-basis point rate hike from the Federal Reserve next month.
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1429 days ago
DAX Struggles For Direction After Inflation Data
German stocks were little changed in lackluster trade on Thursday after data showed German consumer price inflation hit a new record in September, as initially estimated, on rising energy and food prices.
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1429 days ago
Asian Shares Decline Ahead Of US Inflation Report
Asian shares retreated on Thursday as investors awaited U.S. consumer price inflation data later in the day that could offer more clarity on whether the Federal Reserve needs restrictive monetary policy to lower inflation that is at multi-decade highs.
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1429 days ago
European Shares Seen Tad Lower Ahead Of US Inflation Data, Bank Earnings
European stocks are likely to open on a cautious note Thursday as investors await the all-important U.S. consumer inflation report and earnings from the biggest U.S. banks for directional cues.
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1429 days ago
European Economics Preview: Germany Final Inflation Data Due
Final consumer prices from Germany and credit conditions survey from the Bank of England are the only major reports due on Thursday. At 2.00 am ET, Destatis is scheduled to issue Germany's final consumer and harmonized prices for September. Consumer price inflation hit a new record 10.0 percent in September versus 7.9 percent in August. The statistical office is set to confirm the estimates.
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1429 days ago
Sensex, Nifty Slip Into Red Ahead Of US Inflation Data; Wipro Worst Hit
Indian shares opened a tad lower on Thursday as investors await U.S. inflation data later in the day for additional clues on the rate outlook.
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1429 days ago
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Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from global markets overnight, as traders are cautious as they reacted to the US Fed's minutes from its latest monetary policy meeting and await the data on U.S. consumer price inflation later in the day. Asian Markets closed mixed on Wednesday.
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1429 days ago
Sensex, Nifty To See Cautious Start With Earnings And Data In Focus
Indian shares may open on a cautious note Thursday as investors react to muted global cues, disappointing economic data and mixed earnings from Wipro and HCL Technologies.
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1429 days ago
Japanese Market Modestly Lower
The Japanese stock market is modestly lower on Thursday, extending the losses in the previous three sessions, with the Nikkei 225 falling below the 26,300 level, following the broadly negative cues from global markets overnight, as traders remained cautious ahead of the release of key US inflation data later in the day that will provide cues on the outlook for interest rates.
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1429 days ago
Soft Start Seen For Indonesia Stock Market
The Indonesia stock market has moved lower in four straight sessions, sliding almost 170 points or 2.4 percent along the way. The Jakarta Composite Index now rests just beneath the 6,910-point plateau and it's expected to open in the red again on Wednesday.
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1429 days ago
Australian Market Modestly Higher
The Australian stock market is modestly higher on Thursday, extending the slight gains in the previous session, with the benchmark S&P/ASX 200 moving up to nearly the 6,700 level, despite the broadly negative cues from global markets overnight, boosted by strong gains in financial and technology stocks.
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1429 days ago
Another Lower Open Predicted For Hong Kong Shares
The Hong Kong stock market has moved lower in five straight sessions, tumbling almost 1,400 points or 7.8 percent along the way. Now at a fresh 11-year low, the Hang Seng Index sits just above the 16,830-point plateau and it's tipped to open under pressure again on Thursday.
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1429 days ago
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