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Will China Meet 5.5% GDP Growth Target?
Amid strict restrictions to contain the pandemic, China's retail sales logged a bigger-than-expected sharp fall in November and industrial production growth slowed markedly, reflecting disruptions to economic activity in many parts of the country and weak foreign demand, and raised concerns on the ability of Beijing to achieve its official growth target of around 5.5 percent for this year.
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vor 865 Tagen
Netherlands Unemployment Rate Falls To 3.6%
The Netherlands' jobless rate dropped for a second straight month in November and the number of unemployed was the lowest in four months as more Dutch find jobs to boost their income as households and businesses reel under the pressure of the cost of living crisis and the prospect of a shallow recession next year.
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vor 865 Tagen
European Stocks Likely To Open On A Weak Note
Markets in Europe are seen opening on a cautious note on Thursday, ahead of key central bank reviews and major economic data releases. Interest rate decisions by Bank of England, European Central Bank and Swiss National Bank are due on Thursday. Sentiment would also be shaped by Wednesday's FOMC outcome.
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vor 866 Tagen
European Economics News Preview: ECB, BoE Monetary Policy Announcements Due
The monetary policy announcements from the European Central Bank, the Bank of England and the Swiss National Bank are the top economic news due on Thursday. At 2.00 am ET, the European Automobile Manufacturers' Association releases Europe's new passenger car registrations data for November. Registrations had increased 12.2 percent in October.
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vor 866 Tagen
Sensex, Nifty Drift Lower On Weak Global Cues
Indian stocks are down in negative territory in mid-morning trades on Thursday, extending early losses, tracking weak global cues.
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vor 866 Tagen
Asian Markets Mostly Lower On Fed Decision
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from global markets overnight, on renewed concerns over the outlook for interest rates after the US Federal Reserve raised interest rates by 50 basis points and signaled further rate hikes ahead. Asian Markets closed mostly higher on Wednesday.
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vor 866 Tagen
Indian Shares Likely To Open With Negative Bias
Indian shares look headed for a weak start on Thursday, tracking cues from Wall Street, where stocks drifted lower overnight after the Federal Reserve raised interest rate by 50 basis points and signaled more hikes in the coming months.
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vor 866 Tagen
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Rally Likely To Flame Out On Thursday For Thai Stocks
The Thai stock market has climbed higher in three straight sessions, gathering more than a dozen points or 0.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,635-point plateau although investors may cash in on Thursday.
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vor 866 Tagen
China Retail Sales Sink 5.9% On Year In November
The total value of retail sales in China was down 5.9 percent on year in November, the National Bureau of Statistics said on Thursday - shy of expectations for a decline of 3.7 percent following the 0.5 percent drop in October.
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vor 866 Tagen
Japanese Market Modestly Lower
The Japanese stock market is modestly lower on Thursday, giving up some of the gains in the previous two sessions, with the Nikkei 225 staying above the 28,100 level, following the broadly negative cues from global markets overnight, as traders reacted to the US Fed raising interest rates by 50 basis points and signaling more hikes next year.
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vor 866 Tagen
Indonesia Bourse May Extend Wednesday's Losses
The Indonesia stock market on Wednesday ended the two-day winning streak in which it had picked up more than 95 points or 1.3 percent. The Jakarta Composite Index now rests just above the 6,800-point plateau and it may take further damage on Thursday.
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vor 866 Tagen
Australian Market Modestly Lower
The Australian stock market is modestly lower on Thursday, giving up some of the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 7,200 level, following the broadly negative cues from global markets overnight, as traders reacted to the US Fed raising interest rates by 50 basis points and signaling more hikes next year.
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vor 866 Tagen
Lower Open Anticipated For Hong Kong Stock Market
The Hong Kong stock market has finished higher in consecutive trading days, collecting almost 210 points or 1.1 percent along the way. The Hang Seng Index now sits just beneath the 19,675-point plateau although it's likely to see renewed selling pressure on Thursday.
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vor 866 Tagen
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