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China Service Sector Posts Fastest Growth In 10 Months
China's service sector growth accelerated to a ten-month high in May on strong new business inflows, survey results from S&P Global revealed on Wednesday. The Caixin services Purchasing Managers' Index climbed to 54.0 in May from 52.5 in the previous month. The score signaled that the sector expanded for a seventeenth consecutive month and at the strongest pace since July 2023.
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156 дней спустя
European Shares Seen Opening Up Amid Softer US Yields
European stocks are likely to open higher on Wednesday after rates on U.S. government debt fell for the fourth straight session, driven by evidence of slowing economic activity that could prompt the Federal Reserve to cut interest rates later this year.
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156 дней спустя
European Economic News Preview: Eurozone Final Composite PMI Data Due
Final composite Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Wednesday. At 2.45 am ET, France's statistical office INSEE is scheduled to issue industrial production data for April. Output is expected to grow 0.5 percent on month, in contrast to the 0.3 percent decrease in March.
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156 дней спустя
Sensex, Nifty Modestly Higher In Early Trade
Indian shares were modestly higher in early trade on Wednesday after suffering heavy losses in the previous session amid concerns that a smaller majority will see Prime Minister Modi face more difficulty in doling out reforms and infrastructure spending.
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156 дней спустя
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid easing of global yields and on optimism that data showing weakness in the US labor market will encourage the US Fed to lower interest rates in the coming months. Asian markets closed mixed on Tuesday.
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156 дней спустя
Japanese Market Significantly Lower
The Japanese stock market is significantly lower on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling to near the 38,500 level, with losses across most sectors led by auto makers, financial and technology stocks.
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156 дней спустя
Sensex, Nifty May Extend Losses On Election Uncertainty
Indian shares are seen opening lower on Wednesday after voters delivered a split election in the Lok Sabha election, with Nitish Kumar's JD(U) from Bihar and N. Chandrababu Naidu's Telugu Desam Party from Andhra Pradesh holding the key to government formation.
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156 дней спустя
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Thai Stock Market May Halt Its Slid On Wednesday
The Thai stock market has moved lower in two straight sessions, slumping almost 15 points or 1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,335-point plateau although it's likely to find traction on Wednesday.
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156 дней спустя
China Service Sector Accelerates In May - Caixin
The services sector in China continued to expand in May, and at a faster pace, the latest survey from Caixin revealed on Wednesday with a services PMI core of 54.0.
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156 дней спустя
Australia GDP Adds 0.1% In Q1
Australia's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Wednesday.
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156 дней спустя
Indonesia Shares May Extend Winning Streak
The Indonesia stock market has moved higher in back-to-back sessions, collecting almost 130 points or 1.9 percent along the way. The Jakarta Composite Index now sits just beneath the 7,100-point plateau and it may add to its winnings on Wednesday.
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156 дней спустя
Australian Market Modestly Higher
Australian shares are trading modestly higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 7,700 level, following the broadly positive cues from Wall Street overnight, with gains in technology and financial stocks partially offset by weakness in gold miners and energy stocks.
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156 дней спустя
Hong Kong Stock Market Tipped To Open In The Green
The Hong Kong stock market has climbed higher in two straight sessions, collecting more than 360 points or 2 percent along the way. The Hang Seng Index now sits just beneath the 18,450-point plateau and it may see additional support on Wednesday.
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156 дней спустя
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