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China Inflation Strongest Since Early 2023
China's consumer prices increased the most in more than three years in February, driven by higher spending during the Lunar New Year holiday, while producer prices continued to fall, official data revealed Monday. Consumer prices gained 1.3 percent year-on-year in February, faster than the 0.2 percent rise in the previous month, the National Bureau of Statistics said.
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187 days ago
European Shares Set To Dive As Oil Rally Spurs Inflation, Growth Concerns
European stocks are seen opening deep in the red on Monday as investors weigh the potential impact of soaring oil prices and higher bond yields on inflation and economic growth.
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187 days ago
Canadian Dollar Rises Amid Surging Oil Prices
The Canadian dollar strengthened against other major currencies in the Asian session on Monday, as crude oil prices rise by more than 25 percent after the U.S. and Israel attacked multiple Iranian oil depots.
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187 days ago
Canadian Dollar Rises Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Monday.
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187 days ago
Indian Shares Nosedive As Oil Surpasses $100 A Barrel
Indian shares nosedived on Monday, tracking a broader regional sell-off and declines in U.S. equity futures as oil prices surged past $100 per barrel for the first time since 2022 following production cuts by major Middle Eastern producers—including Kuwait, Iran, and the United Arab Emirates—after the closure of the Strait of Hormuz.
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187 days ago
Australian Market Maintains Early Strong Losses In Mid-market
The Australian stock market is maintaining its early strong losses in mid-market trading on Monday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is tumbling more than 3.5 percent to below the 8,600.00 level, with weakness across most sectors led by financial, mining and technology stocks.
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187 days ago
Asian Markets Tumble Amid Middle-east Conflict
Asian stock markets are tumbling on Monday, following the broadly negative cues from Wall Street on Friday, as traders remain cautious and concerned about the fallout of the intensifying conflict in the Middle East in to the tenth day . Israel intensified air strikes on Iran, while the U.S. said its attacks on Iran are going to "surge dramatically." Asian markets closed mixed on Friday.
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187 days ago
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Indian Shares Poised For Gap-down Open
Indian shares may witness a sharp sell-off on Monday as investors brace for a potentially prolonged standoff in the Middle East and a global energy crisis.
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187 days ago
China Consumer Prices Jump 1.0% In February
Overall consumer prices in China were up 1.0 percent on month in February, the National Bureau of Statistics said on Monday.
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187 days ago
Thai Bourse May Test Support At 1,400 Points
The Thai stock market turned lower again on Friday, one day after ending the three-day losing streak in which it had plunged nearly 150 points or 10 percent. The Stock Exchange of Thailand now sits just above the 1,410-point plateau and the losses may accelerate again on Monday.
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187 days ago
Indonesia Shares May Extend Friday's Losses
The Indonesia stock market headed south again on Friday, one day after ending the three-day slide in which it had given up more than 650 points or 7.2 percent. The Jakarta Composite Index now sits just above the 7,585-point plateau and it's expected to open in the red again on Monday.
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187 days ago
Japanese Market Tumbling 6.7%
The Japanese stock market is trading sharply lower on Monday, reversing the gains in the previous session, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 plunging 6.7 percent to below the 51,950 level, with strong losses across most sectors led by exporters, technology and financial stocks amid the escalating conflict in the Middle East.
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187 days ago
Hong Kong Shares May Head South On Monday
The Hong Kong stock market has moved higher in consecutive trading days, rallying more than 500 points or 2 percent along the way. The Hang Seng Index now sits just above the 25,750-point plateau although it may see renewed consolidation on Monday.
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187 days ago
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