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Asian Shares Mixed As China Covid Cases Rise

Asian Shares Mixed As China Covid Cases Rise

Asian stocks ended mixed on Monday and U.S. stock futures fell as inflation worries persisted and fresh rounds of mass COVID-19 testing in parts of eastern China added to worries about slowing global growth.
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European Shares Seen Up In Cautious Trade

European Shares Seen Up In Cautious Trade

European stocks may open on a positive note Monday, with trading volumes likely to remain thin amid the Independence Day holiday in the United States.
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European Economics Preview: Germany Foreign Trade Data Due

European Economics Preview: Germany Foreign Trade Data Due

Foreign trade data from Germany is due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Destatis releases Germany's foreign trade figures for May. Exports and imports are forecast to grow 0.9 percent each on a monthly basis in May.
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Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Monday, despite the broadly positive cues from the Wall Street on Friday, as traders remain concerned about a global recession as major central banks signaled their intent to move ahead with aggressive rate hikes to tame surging inflation. Asian markets closed mostly lower on Friday.
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Sensex, Nifty Seen Opening On Cautious Note

Sensex, Nifty Seen Opening On Cautious Note

Indian shares look set to open on a cautious note Monday as investors await cues from the quarterly earnings season, with TCS all set to unveil its financial results later in the week.
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Thai Stock Market May See Additional Support On Monday

Thai Stock Market May See Additional Support On Monday

The Thai stock market on Friday snapped the two-day slide in which it had slumped more than 25 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,570-point plateau and it may add to its winnings on Monday.
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Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is modestly higher on Monday, recouping some of the losses in the previous three sessions, with the Nikkei 225 breaking above the 26,00 mark, following the broadly positive cues from Wall Street on Friday, boosted by exporters and financial stocks. Traders also continue to pick up stocks at a bargain after the recent sell-off.
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Indonesia Stock Market Overdue For Support On Monday

Indonesia Stock Market Overdue For Support On Monday

The Indonesia stock market has finished lower in five straight sessions, slipping more than 250 points or 3.7 percent along the way. The Jakarta Composite Index now rests just beneath the 6,800-point plateau although it's finally expected to open higher on Monday.
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Australia Home Loans Rise 2.1% On Month In May

Australia Home Loans Rise 2.1% On Month In May

The value of owner-occupied home loans issued in Australia was up a seasonally adjusted 2.1 percent on month in May, the Australian Bureau of Statistics said on Monday - coming in at A$21.18 billion.
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Australia Building Approvals Jump 9.9% On Month In May

Australia Building Approvals Jump 9.9% On Month In May

The total number of building permits issued in Australia was up a seasonally adjusted 9.9 percent in May, the Australian Bureau of Statistics said on Monday - coming in at 16,390.
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Australian Market Sharply Higher

Australian Market Sharply Higher

The Australian stock market is sharply higher on Monday, recouping some of the losses in the previous three sessions, with the benchmark S&P/ASX 200 moving above the 6,600 level, following the broadly positive cues from Wall Street on Friday, with strength across most sectors, particularly financials, technology, materials and energy stocks.
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