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European Economic News Preview: Eurozone Final Composite PMI Due

European Economic News Preview: Eurozone Final Composite PMI Due

Final composite and services Purchasing Managers' survey results from the euro area and the UK are due on Wednesday, headlining a busy day for the European economic news. At 3.15 am ET, Spain's services Purchasing Managers' survey data is due. Economists expect the index to fall to 53.6 in November from 54.9 in the previous month.
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Aussie Falls As Weaker GDP Growth Spurs RBA Rate Cut Speculation

Aussie Falls As Weaker GDP Growth Spurs RBA Rate Cut Speculation

The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as slower domestic growth spurred bets that the Reserve Bank of Australia (RBA) is likely to cut interest rates in early 2025. Also, a private survey showed that China's services sector grew less than expected in November.
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Sensex, Nifty Modestly Higher In Cautious Trade

Sensex, Nifty Modestly Higher In Cautious Trade

Indian shares traded higher on Wednesday, even as caution prevailed ahead of the release of key U.S. jobs report and Fed Chair Jerome Powell's remarks this week.
RTTNews | 668 hari yang lalu
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Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders react to the political turmoil in South Korea, a deepening political crisis in France and faltering economic growth in China, with the South Korean market plunging over 2 percent. They also remain optimistic about an interest rate cut by the US Fed in December.
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Sensex, Nifty Set To Follow Asian Peers Lower

Sensex, Nifty Set To Follow Asian Peers Lower

Indian shares look set to open on a weak note Wednesday as investors await this week's key U.S. jobs report and Fed Chair Jerome Powell's remarks for clues on whether officials will cut interest rates in December.
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Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Wednesday, reversing to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling well below the 39,200 level, with weakness in index heavyweights, financial and automaker stocks.
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Thai Stock Market May Run Out Of Steam On Wednesday

Thai Stock Market May Run Out Of Steam On Wednesday

The Thai stock market has tracked higher in back-to-back sessions, advancing almost 30 points or 2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,455-point plateau although the rally may stall on Wednesday.
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China Services Sector Slows In November - Caixin

China Services Sector Slows In November - Caixin

The services sector in China continued to expand in November, albeit at a slower pace, the latest survey from Judo Bank revealed on Wednesday with a services PMI score of 51.5.
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Indonesia Bourse May See Additional Support On Wednesday

Indonesia Bourse May See Additional Support On Wednesday

The Indonesia stock market on Tuesday halted the four-day losing streak in which it had tumbled almost 270 points or 3.9 percent. The Jakarta Composite Index now sits just beneath the 7,200-point plateau and it may extend its gains on Wednesday.
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