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European Shares Poised For Firm Open On US-China Trade Optimism
European stocks are seen opening mostly higher on Thursday after January's delayed U.S. jobs report signaled a resilient labor market and Treasury Secretary Scott Bessent said the U.S. has a very "comfortable" relationship with China, fueling hopes the countries will likely extend their trade truce at an upcoming Beijing summit.
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212 days ago
European Economic News Preview: UK GDP Data Due
Quarterly national accounts and foreign trade reports from the UK are the top economic news due on Thursday. At 1.00 am ET, current account figures are due from Finland. At 2.00 am ET, the Office for National Statistics releases UK GDP data for the fourth quarter. The economy is forecast to grow 0.2 percent after rising 0.1 percent a quarter ago.
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212 days ago
U.S. Dollar Climbs Against Canadian Dollar
The U.S. dollar climbed against the Canadian dollar in the New York session on Wednesday.
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212 days ago
Indian Shares Edge Lower As IT Stocks Extend Losses
Indian shares were a tad lower on Thursday as IT stocks extended their slide from the previous session on renewed concerns about the disruption AI start-ups will have on established companies.
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212 days ago
Australian Market Doubles Early Gains In Mid-market
The Australian market is doubling its early gains in mid-market moves on Thursday, extending the sharp gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 9,050 level, boosted by strong corporate earnings. Strong gains in mining and financial stocks were partially offset by weakness in technology stocks.
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212 days ago
Asian Markets Trade Mixed
Asian markets are trading mixed on Thursday, following the broadly negative from Wall Street overnight, as stronger-than-expected US monthly jobs growth in January pushed back expectations of near term interest rate cuts by the US Fed. Traders are now awaiting Friday's US consumer price index report that may shed additional light on the outlook for rates. Asian markets closed mixed on Wednesday.
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212 days ago
Indian Shares Seen Flat To Higher At Open
Indian shares are seen opening flat to slightly higher on Thursday after the United States made significant revisions to its factsheet regarding the recently announced trade deal with India.
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212 days ago
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Japanese Market Notably Higher
The Japanese market is trading notably higher on Thursday, extending the gains in the previous three sessions, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 57,900 level, with gains in index heavyweights, exporters and financial stocks partially offset by weakness in automakers and technology stocks.
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212 days ago
Lower Open Called For Indonesia Stock Market
The Indonesia stock market has moved higher in three straight sessions, expanding almost 360 points or 4.5 percent along the way. The Jakarta Composite Index now sits just above the 8,290-point plateau although it's due for consolidation on Thursday.
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212 days ago
Australian Market Modestly Higher
The Australian market is trading modestly higher on Thursday, extending the sharp gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 9,050 level, boosted by strong corporate earnings. Strong gains in mining and financial stocks were partially offset by weakness in technology stocks.
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212 days ago
Rally May Stall For Hong Kong Stock Market
The Hong Kong stock market has tracked higher in three straight sessions, improving more than 620 points or 2.3 percent in that span. The Hang Seng Index now sits just above the 27,260-point plateau although it's likely to open under pressure on Thursday.
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212 days ago
Win Streak May End For China Stock Market
The China stock market has finished higher in three straight sessions, collecting more than 65 points or 1.6 percent along the way. The Shanghai Composite Index now sits just above the 4,130-point plateau although it may run out of steam on Thursday.
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212 days ago
Japan Producer Prices Rise 0.2% In January
Producer prices in Japan were up 0.2 percent on month in January, the Bank of Japan said on Thursday - in line with expectations and up from 0.1 percent in December.
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212 days ago
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