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Asian Markets Mostly Lower
Asian stock markets are trading mostly lower on Tuesday, despite the broadly positive cues from global markets overnight, as traders remain concerned aggressive monetary policy moves by global central banks this year also could tip the global economy into recession. Traders continued to refrain from creating fresh long positions. Asian markets closed mixed on Monday.
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Sensex, Nifty Seen Flat To Slightly Lower At Open
Indian shares may open on a tepid note Tuesday, tracking mixed Asian cues and rising oil prices.
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Australian Market Sharply Lower
The Australian stock market is sharply lower on Tuesday after opening in the green on the first trading day of the year, giving up the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 7,000 mark, despite the broadly positive cues from global markets overnight, as trader reacted to data that showed the lowest growth in factory activity since May 2020.
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Eurozone Factory Slowdown Softens As Supply Chain, Inflation Pressures Ease
Downturn in the euro area manufacturing slowed in the final month of 2022 amid healing supply chains and softening inflationary pressures, final results of the purchasing managers' survey from S&P Global showed Monday. The manufacturing Purchasing Managers' Index rose to a three-month high of 47.8 in December from 47.1 in November. The reading came in line with the flash estimate.
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Sensex, Nifty See Modest Gains On First Trading Day Of The Year
Indian shares ended Monday's range-bound session modestly higher after the release of auto sales and manufacturing data.
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European Shares Gain In Thin Trade As Manufacturing Downturn Eases
European stocks traded higher on Monday after recording their worst annual performance since 2018 last year.
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China Private Sector Sinks Into Deeper Contraction Amid Covid Scare
China's manufacturing and services sectors weakened the most since early 2020 despite the abrupt abandonment of zero Covid policy in December amid public resistance, as the number of infections rise that prompted several countries to raise alerts and, bring back testing and protective measures. The official manufacturing Purchasing Managers' Index declined to 47.0 in December.
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more news
Asian Shares Mixed On First Trading Day Of 2023
Asian stocks were mixed in thin trade on Monday, with most markets closed for New Year holidays.
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European Shares May Struggle For Direction In Thin Holiday Trade
European stocks look set to open on a flat note Monday, with most markets closed for New Year holidays.
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European Economic News Preview: Eurozone Final Manufacturing PMI Data Due
Results of the purchasing managers' survey for the manufacturing sector from the euro area and other major Eurozone economies are the top economic news on the opening weekday of the new year. At 3.15 am ET, Purchasing Managers' survey results from Spain are due. The manufacturing PMI is forecast to rise to 46.2 in December from 45.7 in the previous month.
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Sensex, Nifty Modestly Higher In Early Trade; Metal Stocks Outperform
Indian shares opened a tad higher on Monday despite weak cues from the U.S. and European markets.
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Sensex, Nifty May See Tepid On Start On Wall Street Cues
Indian shares look set to open a tad lower on Monday, tracking weak Wall Street cues and a sharp rise in oil prices on Friday.
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TSX Ends Final Session Of The Year On Weak Note, Posts Yearly Loss Of 8.7%
After opening slightly down, the Canadian market emerged into positive territory Friday morning, but slipped within the next few minutes and then spent the rest of the day's session in the red.
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