European stock markets declined on Tuesday following three sessions of gains. Remarkably, gloomy trading along with an unexpected decline in German industrial orders offset a rise in commodity stocks. Meanwhile, U.K. food retail sector was in the spotlight. The DAX futures contract in Germany fell by 0.1%, while CAC 40 futures in France declined by …
European stock fell amid German industrial orders decline Read More »
European stock markets are opening marginally lower Monday. Remarkably, investors keep a wary eye on the oil market, following clues that China’s economic recovery may be slowing. The DAX futures contract in Germany dipped by 0.2%. Meanwhile, CAC 40 futures in France fell 0.1%, while the FTSE 100 futures contract in the U.K. slipped 0.1%. …
European stock markets are marginally lower on July 5 Read More »
On Wednesday, Asian stock markets were upbeat, with oil prices continuing to rise. Meanwhile, China issued manufacturing activity figures in the morning. Early trade saw a rise in Mainland Chinese stocks. The Shanghai Composite was up 0.19 %, while the Shenzhen component remained virtually unchanged. The Hang Seng index in Hong Kong was down 0.25 …
Stocks in Asia-Pacific were muted on Monday. Remarkably, Hong Kong witnessed a shorter trading day following a morning pause due to harsh weather conditions. The Hang Seng index declined fractionally on Monday to 29,268.30. Remarkably, trading in Hong Kong’s markets continued Monday afternoon in the city after an earlier harsh weather warning was lowered. Hong …
Asia-Pacific stocks were muted after a shorter trading day Read More »
There has been a lively and optimistic atmosphere in the markets today. It followed the renewed momentum of the Biden plan to modernize the US infrastructure and revive the economy. The Democrats and the Republicans signed the infrastructure agreement in the US. Markets welcomed the massive but also ambitious $1.2 billion investment package over the …
Biden pushes earnings with the infrastructure plan Read More »
Hang Seng, the Hong Kong Stock Exchange benchmark index, settled with gains of 0.23% today. The selective advanced by 65.39 points to 28,882.46, mainly led by technology shares. Meanwhile, the Hang Seng China Enterprises advanced by a slight 0.03%. Among the sub-indices, the Commerce and industry climbed by 0.46%. The Finance sector added a slight …
European stocks are edging lower after trying to maintain momentum at all-time highs. The market is still adjusting to the Federal Reserve’s aggressive stance, which projected interest rate rises two times for 2023. Despite Fed chairman Jerome Powell’s attempt to put a dovish spin on last week’s shock, there will be a readjustment period for …
European stocks slip while Wall Street is set to open higher Read More »
The Southeast Asian stock markets finished the session with the majority of increases. The most significant increase was registered in Indonesia. The IDX composite settled with a raise of 1.53%. Meanwhile, Singapore and Thailand ended with losses. The Singapore stock market dropped by 0.28% or 8.67 points. Meanwhile, the Straits Times composite indicator stood at …
Indian stock markets closed with gains on Monday. The increases of Reliance Industries, Adani Ports, Special Economic Zone, and Hindustan Unilever supported the stock market earlier. The Nifty settled with a rise of 0.40% at 15,746.50. Meanwhile, Sensex added 0.44% to 52,574.46. Investors will have their eye on the conglomerate’s annual general meeting, which is …
Sensex and Nifty rose, boosted by gains in heavyweights Read More »
The Hang Seng closed today with advances of 0.85%, reflecting investors’ optimism at the prospect of an official dialogue between the presidents of China and the United States. The selective increased by 242.68 points to 28,801.27. Meanwhile, the Hang Seng China Enterprises advanced by 0.54%. Among the sub-indices, Commerce and Industry boosted the most with …
Prospects of US and China presidents’ talk boosted Hang Seng Read More »
Wall Street stocks ended lower on Wednesday after the Federal Reserve meeting. As expected, the Fed left interest rates unchanged despite the spike in inflation and improved its forecast for the country’s economic growth to 7% in 2021. However, the central bank has advanced the dates for the next rate hike. It is projected to …
Wall Street sank as Fed may rise rates earlier than expected Read More »
US stock futures increased ahead of retail sales data and producer prices, suggesting whether recent inflationary pressures will remain. S&P 500 futures increased by 0.2%, and the Dow Jones futures gained 0.2%. The expected meeting of the Federal Reserve takes on a greater significance after the latest inflation in the US. Several macroeconomic indicators will …
US stock futures rose ahead of the economic data Read More »
Indian shares left record highs they reached in the previous session. Adani Group equities weighed them down. The Blue-chip NSE Nifty 50 index shrank by 0.24% to 15,762.60. Meanwhile, the S&P SENSEX decreased by 0.13% to 52,396.98. Adani Group shares started the trading day sharply lower. It followed the Economic Times report about the National …
The Chinese firm Didi, one of the largest private transport companies globally, presented the documents for its IPO in New York on Thursday. It could obtain a valuation of more than $70 billion by some estimates. Didi is something like the Chinese equivalent of Uber. According to analysts, it may become one of the biggest …
Chinese transport giant Didi prepares to go public in NY Read More »
The Southeast Asian stock markets ended this Wednesday with the majority of increases. It happened at a time of caution due to the forthcoming publication of economic indicators in the US. It may offer clues on inflation and the next movements of that country’s central bank. The Manila stock market led the increases, touching the …
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