Forex News

Asian Shares Mixed As Rate Hike Worries Resurface

Asian Shares Mixed As Rate Hike Worries Resurface

Asian stocks ended mixed on Monday a stronger-than-expected U.S. jobs report rekindled concerns over aggressive rate hikes by the Federal Reserve and Chinese imports data disappointed, highlighting weak domestic demand.
RTTNews | 872 days ago
Indian Rupee Drops To 4-day Low Against U.S. Dollar

Indian Rupee Drops To 4-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in afternoon deals on Monday, as strong U.S. non-farm payrolls report intensified expectations for aggressive interest rate hikes by the Federal Reserve.
RTTNews | 872 days ago
European Shares May See Cautious Gains At Open

European Shares May See Cautious Gains At Open

European stocks are likely to open higher on Monday as investors keep an eye on bond yields and look forward to U.S. inflation data due later this week for fresh guidance on the rate outlook.
RTTNews | 873 days ago
European Economics Preview: Eurozone Sentix Investor Confidence Data Due

European Economics Preview: Eurozone Sentix Investor Confidence Data Due

Investor confidence survey data from the euro area is due on Monday, headlining a light day for the European economic news. At 1.45 am ET, the State Secretariat for Economic Affairs is scheduled to issue Swiss unemployment data for July. The jobless rate is forecast to remain unchanged at 2.2 percent.
RTTNews | 873 days ago
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Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Monday, following the mostly negative cues from global markets on Friday, as traders react to the US Labor Department's closely watched monthly jobs report, which delivered better than expected employment data in July, leading to again raise concerns about the outlook for interest rates. Asian markets closed mostly higher on Friday.
RTTNews | 873 days ago
Sensex, Nifty Seen Lower At Open On Weak Asian Cues

Sensex, Nifty Seen Lower At Open On Weak Asian Cues

Indian shares look set to open a tad lower on Monday as investors await the last phase of corporate earnings results and key macroeconomic data for directional cues. Foreign exchange reserves numbers for the week ended August 5, bank loan & deposit growth data for the fortnight ended July 29, the CPI inflation for July and industrial output for June all will be released on Friday.
RTTNews | 873 days ago
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market had climbed higher in three straight sessions, gathering almost a dozen points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,600-point plateau, although it may run out of steam on Monday.
RTTNews | 873 days ago
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is slightly higher in choppy trading on Monday, extending the gains in the previous three sessions, with the Nikkei 225 moving above the 28,200 level, following the mixed cues from Wall Street on Friday, with gains in financial stocks, even as a better than expected US monthly jobs data again raised concerns about the outlook for interest rates.
RTTNews | 873 days ago
Indonesia Stock Market Due For Consolidation On Monday

Indonesia Stock Market Due For Consolidation On Monday

The Indonesia stock market has finished higher in five straight sessions, rising more than 130 points or 2 percent along the way. The Jakarta Composite Index now sits just above the 7,080-point plateau although it's likely to open under pressure on Monday.
RTTNews | 873 days ago

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