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DAX Modestly Higher In Cautious Trade
German stocks traded slightly higher on Tuesday and the euro remained fragile amid bets that the European Central Bank will deliver another interest rate cut at a policy meeting due Thursday.
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Asian Shares Mostly Higher; Chinese Markets Slip
Asian stocks rose broadly on Tuesday, with Japanese markets leading reginal gains after Prime Minister Shigeru Ishiba reportedly said his government is aiming to compile a supplementary budget for the current fiscal year in excess of last year's 13.1 trillion yen ($87.6 billion) to fund an economic support package.
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UK Wage Growth Weakest In More Than 2 Years
UK wage growth softened to the lowest in more than two years in the three months to August, adding support to expectations that the central bank will cut interest rates further at the next meeting. In the three months to August, average earnings excluding bonus increased 4.9 percent from the previous year, slower than the 5.1 percent increase in the three months to July, data from the Office f
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Southwest To Review Elliott's Request For Shareholders' Meeting
Southwest Airlines Co. confirmed that its shareholder Elliott Investment Management L.P. has requested a Special Meeting of Shareholders to consider its proposals, mainly change in directors. The investor for long has been trying to overhaul the airline's leadership, demanding better performance. Responding to the demand, Southwest said its Board will carefully review the Special Meeting request..
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China Exports To Remain Strong In Near-Term: Capital Economics
China's exports are set to stay strong in the near-term, underpinned by gain in export competitiveness, economists at Capital Economics said. Data released on Monday showed that exports growth eased sharply to 2.4 percent in September from 8.7 percent in August. At the same time, imports grew 0.3 percent on a yearly basis, slightly slower than the 0.5 percent increase seen in the prior month.
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European Economic News Preview: German Economic Sentiment Data Due
Economic confidence from Germany and unemployment from the UK are due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK labour market data. The jobless rate is expected to remain unchanged at 4.1 percent in three months to August.
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European Shares Seen Opening Up On Earnings Optimism
European stocks are likely to open higher on Tuesday amid investor optimism about corporate earnings.
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Canadian Dollar Falls Ahead Of Canada CPI Data
The Canadian dollar weakened against other major currencies in the Asian session on Tuesday, as traders await the release of the latest Canadian consumer inflation figures due later on the day. The drop of crude oil prices also undermined the currency.
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vor 93 Tagen
Canadian Dollar Falls Against Majors
The Canadian dollar weakened against other major currencies in the Asian session on Tuesday.
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Sensex, Nifty Open Higher On Wall Street Cues
Indian shares were modestly higher on Tuesday after major U.S. indexes rallied to new records overnight on relief that interest rates are finally heading back down and that the economy is on a solid footing.
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vor 93 Tagen
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, amid bets the US Fed will proceed with modest rate cuts in the near term after recent US inflation data that showed producer prices were unexpectedly unchanged in September, while the annual rate price growth slowed modestly. Asian markets closed mixed on Monday.
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Sensex, Nifty Seen Lower As Retail Inflation Hits Nine-month High
Indian shares look set to open on a tepid note Tuesday after government data showed retail inflation in the country rose to a nine-month high of 5.49 percent in September, due to higher food prices. That marks a significant increase from 3.65 percent in August.
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vor 93 Tagen
Japanese Market Is Sharply Higher
Extending from the gains in the previous three sessions, the Japanese stock market is sharply higher in post-holiday trade on Tuesday, with the Nikkei 225 moving above the 40,200 level, following the broadly positive cues from Wall Street overnight, with gains across all the sectors led by index heavyweights and technology stocks.
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vor 93 Tagen
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