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Oil Holds Steady As Markets Watch Hormuz Negotiations
Oil prices held steady on Thursday as investors awaited further clarity on the progress of U.S.-Iran talks to reopen the Strait of Hormuz, a critical waterway for energy supplies.
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34 days ago
DAX Modestly Higher As Earnings Drive Mixed Trading
Germany's DAX index gained Thursday amid mixed earnings reports and regional economic data. Deutsche Telekom surged 6% after Q2 operating profit reached €6.863 bln. Construction sector weakness and retail sales declines tempered gains in the benchmark index.
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34 days ago
European Shares Hold Near Record Highs On Hormuz Reopening Hopes
European stocks hit new record highs on Thursday, with resilient company results, hopes for a U.S.-Iran deal to reopen the Strait of Hormuz, and solid German data helping underpin sentiment.
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34 days ago
Asian Shares Mixed Amid Tech Pullback
Asian stocks ended mixed on Thursday as chip stocks faced selling pressure following a sharp pullback in U.S. semiconductor and technology stocks overnight.
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34 days ago
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the European session on Thursday.
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35 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the European session on Thursday.
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35 days ago
European Shares Seen Tad Higher At Open
European stocks are seen opening a tad higher on Thursday as diplomatic efforts to ease tensions between the United States and Iran gather pace.
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35 days ago
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Indian Shares Modestly Higher In Lackluster Trade
Indian shares were modestly higher in cautious trade on Thursday after Iran said it had reached an agreement with Oman on a proposed route for shipping through the Strait of Hormuz, making a potential step toward reopening of the critical waterway for energy supplies.
RTTNews
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35 days ago
Australian Market Trims Early Gains In Mid-market
The Australian market is trimming its early gains in mid-market moves on Thursday, but extending the gains in the previous four sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 9,250 level to fresh all-time highs, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
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35 days ago
Asian Markets Trade Mostly Higher
Asian markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, on easing concerns over global inflation and the outlook for interest rates amid tumbling crude oil prices after reports Iran and Oman reached an interim deal on the partial reopening of the Strait of Hormuz. U.S. President Donald Trump also gave reassurance on the peace deal to happen soon.
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35 days ago
Indian Shares Seen Opening Little Changed
Indian shares look set to open on a flat note on Thursday as investors assess the chances of an Iran peace deal and await cues from Friday's closely watched U.S. nonfarm payrolls report.
RTTNews
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35 days ago
Thai Stock Market May Test Support At 1,600 Points
The Thai stock market has finished lower in three straight sessions, sinking more than a dozen points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,610-point plateau and it's expected to open under pressure again on Thursday.
RTTNews
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35 days ago
Australia Has A$1.929 Billion Trade Surplus
Australia posted a merchandise trade surplus of A$1.929 billion in June, the Australian Bureau of Statistics said on Thursday.
RTTNews
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35 days ago
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