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Bailey Says BoE Ready To Change Interest Rate As Much As Needed

The Bank of England is ready to alter its interest rates by as much as needed to bring the inflation back to the 2 percent target, Governor Andrew Bailey said in a statement late Monday. The BoE governor said the central bank is closely monitoring the weakness in the pound.
RTTNews | vor 943 Tagen
European Economics Preview: Eurozone Money Supply Data Due

European Economics Preview: Eurozone Money Supply Data Due

Money supply data from the euro area is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Sweden publishes foreign trade, producer prices and household lending data.
RTTNews | vor 943 Tagen
Sensex Up Over 400 Points; Nifty Nears 17,150

Sensex Up Over 400 Points; Nifty Nears 17,150

Indian shares opened Tuesday's session on a positive note after recent string of losses on concerns over a combination of interest-rate, currency and economic risks.
RTTNews | vor 943 Tagen
Asian Markets Mostly Lower On Global Cues

Asian Markets Mostly Lower On Global Cues

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from global markets overnight, with traders remaining cautiously optimistic as they believe the heavy selling in recent sessions has been overdone. The strengthening of the US dollar against Asian currencies also weighed on market sentiment. Asian markets closed mostly lower on Monday.
RTTNews | vor 943 Tagen
Sensex, Nifty Seen Opening Tad Higher In Cautious Trade

Sensex, Nifty Seen Opening Tad Higher In Cautious Trade

Indian shares are seen opening higher on Tuesday, though the upside may remain capped by concerns surrounding a surging dollar and rising bond yields with yield on the benchmark ten-year U.S. note soaring to a twelve-year high.
RTTNews | vor 943 Tagen
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Thai Stock Market May Test Support At 1,600 Points

Thai Stock Market May Test Support At 1,600 Points

The Thai stock market has moved lower in two straight sessions, slipping almost 25 points or 1.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,620-point plateau and it's tipped to open under pressure again on Tuesday.
RTTNews | vor 943 Tagen
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is significantly higher on Tuesday, recouping some of the losses in the previous three sessions, with the Nikkei 225 moving to nearly the 26,600 level, despite the broadly negative cues from global markets overnight, with minor gains across most sectors as the market rebounded after the recent sharp sell-off.
RTTNews | vor 943 Tagen
Lower Open Called For Indonesia Stock Market

Lower Open Called For Indonesia Stock Market

The Indonesia stock market has finished lower in two straight sessions, more than 90 points 1.3 percent along the way. The Jakarta Composite Index now rests just above the 7,125-point plateau and it's tipped to open in the red again on Tuesday.
RTTNews | vor 943 Tagen
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market modestly higher on Tuesday, recouping some of the losses in the previous three sessions, with the benchmark S&P/ASX 200 just below the 6,500 level, despite the broadly negative cues from global markets overnight, with gains across most sectors as the market rebounds after the recent sell-off.
RTTNews | vor 943 Tagen
Soft Start Expected For Hong Kong Stock Market

Soft Start Expected For Hong Kong Stock Market

The Hong Kong stock market has finished lower in four straight sessions, tumbling more than 925 points or 5 percent along the way. Now at a fresh 11-year closing low, the Hang Seng Index sits just above the 17,850-point plateau and it's tipped to open lower again on Tuesday.
RTTNews | vor 943 Tagen
China Stock Market Tipped To Open Under Pressure

China Stock Market Tipped To Open Under Pressure

The China stock market has moved lower in four straight trading days, slipping more than 70 points or 2.4 percent along the way. The Shanghai Composite Index now sits just above the 3,050-point plateau and it's likely to see continued consolidation on Tuesday.
RTTNews | vor 943 Tagen

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