CAC 40 Marginally Lower In Lacklustre Trade
(RTTNews) - French stocks were subdued on Thursday as investors looked ahead to the release of more U.S. and Eurozone economic data this week for clues to the economic and rate outlook.
The dollar remained on the back foot on expectations of deeper interest rate cuts, with some believing the Federal Reserve might go big with a supersized 50 bps interest rate cut in the September meeting to boost growth.
Closer home, the European Central Bank can continue to cut interest rates given the slowdown in inflation, and there is a risk the bank could keep policy too tight, ECB board member Piero Cipollone told a French newspaper on Wednesday. The benchmark CAC 40 was down 0.1 percent at 7,492 after losing 1 percent the previous day.
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Japan Household Spending Slips 0.4% On Year In November
The average of household spending in Japan was down 0.4 percent on year in November, the Ministry of Internal Affairs and Communications said on Friday - coming in at 295,518 yen.
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vor 5Std 6 Minuten
China Stock Market May Reverse Thursday's Losses
The China stock market on Thursday wrote a finish to the two-day winning streak in which it had improved almost 25 points or 0.8 percent. The Shanghai Composite Index now sits just above the 3,210-point plateau although it may tock back to the upside on Friday.
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vor 5Std 14 Minuten
Taiwan Bourse Tipped To Snap Losing Streak
The Taiwan stock market has moved lower in back-to-back sessions, dropping more than 570 points or 2.4 percent along the way. The Taiwan Stock Exchange now sits just above the 23,080-point plateau although it may find support on Friday.
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vor 5Std 44 Minuten
Singapore Shares Called Rangebound On Friday
The Singapore stock market on Thursday ended the five-day winning streak in which it had climbed more than 100 points or 1.5 percent. The Straits Tines Index now rests just above the 3,860-point plateau and it's likely to remain in that neighborhood again on Friday.
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vor 6Std 14 Minuten
Malaysia Bourse: Support Expected At 1,600 Points
The Malaysia stock market has moved lower in two straight sessions, sinking almost 30 points or 1.9 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,600-point plateau although it's tipped to bounce higher on Friday.
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vor 6Std 44 Minuten
Japan Stock Market May Find Traction On Friday
The Japanese stock market has finished lower in two straight sessions, stumbling more than 475 points or 1.3 percent along the way. The Nikkei 225 now rests just above the 39,600-point plateau although it's likely to stop the bleeding on Friday.
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vor 6Std 59 Minuten
South Korea Shares May Be Stuck In Neutral On Friday
The South Korea stock market has moved higher five straight sessions, accelerating more than 120 points or 4.8 percent along the way. The KOSPI now sits just above the 2,520-point plateau although it's due for profit taking on Friday.
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vor 7Std 14 Minuten
Japan Household Spending Data Due On Friday
Japan will on Friday release November numbers for household spending, highlighting a light day for Asia-Pacific economic activity. Spending is expected to slip 0.9 percent on month and 0.8 percent on year after rising 2.9 percent on month and falling 1.3 percent on year in October.
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vor 7Std 44 Minuten
