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European Economic News Preview: German Industrial Output, Foreign Trade Data Due
Industrial production and foreign trade from Germany and house prices from the UK are the top economic news due on Monday. At 2.00 am ET, Destatis releases Germany's industrial output and external trade figures. Economists forecast industrial output to fall 0.9 percent month-on-month in February, in contrast to the 2.0 percent increase in January.
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Sensex, Nifty Nosedive On Inflation, Recession Fears
Indian shares plummeted on Monday, tracking weak cues from global markets as White House officials showed no sign of backing away from their sweeping tariff plans.
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Asian Markets A Blood Bath Amid Global Trade War
Asian stock markets are in a blood bath on Monday, following the broadly negative cues from Wall Street on Friday, amid ongoing concerns about a global trade war after China announced retaliatory tariffs on U.S. goods in reaction to U.S. President Donald Trump's new levies that could fuel inflation and damage the global economy. Asian markets closed mostly lower on Friday.
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Australian Market Halves Early Sharp Losses In Mid-market
The Australian stock market is nearly halving its early sharp losses in mid-market trading on Monday, extending the sharp losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is tumbling almost 4 percent to below the 7,4000 level, with strong losses across all sectors led by mining and energy stocks.
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Sensex, Nifty Stare At Gap-down Open After Wall St Meltdown
Indian shares may follow global peers lower on Monday as tariff woes and fears of a recession weighed on risk assets, wiping out nearly $6 trillion in value from U.S. stocks last week.
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Japanese Market Plummeting More Than 6%
The Japanese stock market is plummeting on Monday, extend the sharp losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 tumbling more than 6 percent to below the 31,600 level, with strong losses across all sectors led by index heavyweights, technology and financial stocks amid the global trade war ignited by the U.S.
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Hong Kong Shares May Take Further Damage On Monday
Ahead of Friday's holiday for Tomb Sweeping Day, the Hong Kong stock market had moved lower in back-to-back sessions, dropping almost 360 points or 1.6 percent along the way. The Hang Seng Index now sits just beneath the 22,850-point plateau and it's expected to open under water again on Monday.
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Berita lainnya
Australian Market Tumbles More Than 6%
The Australian stock market is trading sharply lower tumbling on Monday, adding to the sharp losses in the previous two sessions, following the negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is tumbling more than 6 percent to below the 7,200.00 level, with strong losses across all sectors led by mining and energy stocks amid the global trade war ignited by the U.S.
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Soft Start Predicted For China Stock Market
Ahead of Friday's holiday for Tomb Sweeping Day, the China stock market had ended the two-day winning streak in which it had risen almost 15 points or 0.4 percent. The Shanghai Composite Index now sits just above the 3,340-point plateau and it may tick lower again on Monday.
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Heavy Losses Tipped For Taiwan Stock Market
Ahead of the long weekend for Tomb Sweeping Day, the Taiwan stock market had moved higher in two straight sessions, collecting more than 600 points or 2.8 percent in that span. The Taiwan Stock Exchange now rests just shy of the 21,300-point plateau although it's expected to open sharply lower as it catches up on missed sentiment.
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No Help Yet For Singapore Stock Market
The Singapore stock market has tracked lower in five straight sessions, slumping more than 150 points or 3.7 percent along the way. The Straits Times Index now sits just above the 3,825-point plateau and it figures to open under water again on Friday.
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Malaysia Bourse May Give Up Support At 1,500 Points
The Malaysia stock market has moved lower in two straight sessions, shedding more than 20 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,500-point plateau and it may open in the red again on Friday.
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Japan Shares Tipped To Open Under Pressure
The Japanese stock market has finished lower in back-to-back sessions, tumbling almost 1,950 points or 5.5 percent along the way. The Nikkei 225 now rests just above the 33,780-point plateau and it may take further damage on Monday.
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