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U.S. Dollar Rises As U.S. Widens Iran Sanctions
The U.S. dollar strengthened against most major currencies in the European session on Tuesday, after U.S. Treasury Secretary Scott Bessent announced a wave of new sanctions to isolate the Iranian regime and warned that countries and companies that help Iran move or hide money could face U.S. actions and potentially lose access to the U.S. dollar system.
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15 days ago
U.S. Dollar Rises Against Most Majors
The U.S. dollar strengthened against most major currencies in the European session on Tuesday.
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15 days ago
German GDP Growth Beats Estimate
Germany's economy expanded more than estimated in the second quarter as exports remained strong despite geopolitical tensions, official data revealed on Tuesday. Gross domestic product posted a quarterly growth of 0.3 percent, which was revised up from 0.2 percent estimated initially, revised data showed. This followed an expansion of 0.4 percent in the first quarter.
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15 days ago
European Shares Poised For Higher Open As Bond Yields Ease
European stocks are seen opening broadly higher on Tuesday as U.S. Treasury yields moved lower following reports that the Treasury could use its near $1 trillion General Account to help fund its recently announced bond buyback program.
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15 days ago
Indian Shares Open Lower On Middle East Tensions
Indian shares opened lower on Tuesday, extending losses from the previous session after U.S. Treasury Secretary Scott Bessent announced a wave of new sanctions to isolate the Iranian regime and warned that countries and companies that help Iran move or hide money could face U.S. actions and potentially lose access to the U.S. dollar system.
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15 days ago
Australian Market Sharply Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market trading on Tuesday, adding to the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 index is moving above the 9,150 level, with gains in gold miners, financial and technology stocks.
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15 days ago
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, with South Korean markets leading regional declines amid weakness in semiconductor stocks on concerns about heavy spending over artificial intelligence. Heightened concerns of crude oil-related supply disruption and global inflationary threats continue to sour market sentiment.
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15 days ago
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Indian Shares Likely To Open Lower As US Widens Iran Sanctions
Indian shares are seen opening lower on Tuesday as investors weigh Middle East tensions and await Nvidia earnings. IMD's warning of below-normal rainfall this year may also keep investors on edge.
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16 days ago
Little Movement Seen For Thai Stock Market
The Thai stock market on Monday ended the two-day winning streak in which it had perked just over 4 points or 0.25 percent. The Stock Exchange of Thailand now sits just above the 1,600-point plateau and it's expected to remain rangebound again on Tuesday.
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16 days ago
Japanese Market Notably Lower
The Japanese stock market is trading notably lower on Tuesday, extending the losses in the previous two sessions, following the mixed cues from Wall Street overnight, with the Nikkei 225 falling well below the 65,050 level, with weakness across most sectors led by automakers and technology stocks.
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16 days ago
Hong Kong Shares May Take Further Damage On Tuesday
The Hong Kong stock market on Monday halted the five-day winning streak in which it had rallied more than 880 points or 3.5 percent. The Hang Seng Index now sits just above the 25,515-point plateau and it's likely to open to the downside again on Tuesday.
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16 days ago
Australian Markets Modestly Higher
The Australian stock market is modestly higher on Tuesday, extending the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 index is moving above the 9,100 level, with gains in gold miners and financial stocks.
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16 days ago
China Stock Market May Extend Monday's Losses
The China stock market on Monday wrote a finish to the two-day winning streak in which it perked more than 10 points or 0.2 percent. The Shanghai Composite Index now sits just above the 3,880-point plateau and it's expected to see continued consolidation on Tuesday.
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16 days ago
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