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NZ Dollar Falls Amid Risk-off Mood
The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday, as European stocks traded lower, even as London's FTSE 100 may rise at open as oil prices continued to climb amid concerns over the prospects of a diplomatic resolution to reopen the Strait of Hormuz, a key route for global energy supplies.
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22 days ago
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday.
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22 days ago
European Shares Seen Lower At Open As Yields Surge On Inflation Worries
European stocks are seen opening broadly lower on Tuesday, even as London's FTSE 100 may rise at open as oil prices continued to climb amid concerns over the prospects of a diplomatic resolution to reopen the Strait of Hormuz, a key route for global energy supplies.
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23 days ago
Indian Shares Open Lower On Mideast Concerns; IT Stocks Slump
Indian shares opened lower on Tuesday as global bond yields surged on concerns that renewed energy inflation could keep interest rates elevated.
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23 days ago
Australian Market Maintains Early Gains In Mid-market
The Australian stock market is maintaining its early gains in mid-market trading on Tuesday after opening in the red, snapping a four-session losing streak, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 index is moving up to near the 9,100 level, with gains in energy stocks partially offset weakness in technology and financial stocks.
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23 days ago
Asian Markets Track Wall Street Lower
Asian stock markets are mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, on the continued spike in crude oil prices that stoked global inflation and interest-rate concerns amid escalating geopolitical tensions in the Middle East after Iran ruled out talks with the U.S. to extend a 60-day ceasefire that expired Monday. Asian markets closed mixed on Monday.
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23 days ago
Indian Shares Seen Lower As Oil Prices, Yields Rise On Mideast Concerns
Indian shares look set to open on a sluggish note on Tuesday as oil prices continued to rise amid concerns over the prospects of a diplomatic resolution to reopen the Strait of Hormuz, a key route for global energy supplies, and end the U.S.-Iran conflict.
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23 days ago
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Thai Stock Market May Ebb On Tuesday
The Thai stock market had alternated between positive and negative finishes through the last seven trading days since the end of the three-day slide in which it had fallen more than a dozen points or 0.7 percent. The Stock Exchange of Thailand now sits just above the 1,625-point plateau and it's expected to remain rangebound again on Tuesday.
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23 days ago
Japanese Market Notably Lower
The Japanese stock market is trading notably lower on Tuesday, snapping a five-session winning streak, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 68,950 level, with weakness in technology stocks partially offset by gains in financial stocks and a mixed performance in most other sectors.
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23 days ago
Lower Open Predicted For Indonesia Stock Market
Ahead of Monday's holiday for Independence Day, the Indonesia stock market had finished higher in two of three trading days since ending the two-day slide in which it had retreated more than 140 points or 2.2 percent. The Jakarta Composite Index now rests just above the 6,400-point plateau although it's likely to open under water on Tuesday/
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23 days ago
Hong Kong Shares May Open Under Pressure
The Hong Kong stock market on Monday halted the four-day slide in which it had slumped almost 830 points or 3.2 percent. The Hang Seng Index now sits just above the 25,450-point plateau although it may be looking at a soft start on Tuesday.
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23 days ago
Australian Markets Modestly Higher
The Australian stock market is modestly higher on Tuesday after opening in the red, snapping a four-session losing streak, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 index is moving up to near the 9,100 level, with gains in energy stocks partially offset weakness in technology and financial stocks.
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23 days ago
China Stock Market May Spin Its Wheels On Tuesday
The China stock market has finished higher in two straight sessions, advancing almost 60 points or 1.5 percent in that span. The Shanghai Composite Index now sits just above the 3,980-point plateau although it's likely to move back to the downside again on Tuesday.
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23 days ago
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