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Pound Mixed Ahead Of BoE Decision
The Bank of England's monetary policy announcement is due at 7:00 am ET Thursday. The BoE is widely expected to raise its key rate by 50 basis points to 1.75 percent from 1.25 percent.
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Sensex, Nifty Give Up Early Gains In Choppy Trade
Indian shares fluctuated before finishing marginally lower on Thursday, snapping a six-day winning streak.
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European Shares Mostly Higher Ahead Of Bank Of England Meeting
European stocks were broadly higher on Thursday after data showed Germany's factory orders fell less than feared in June.
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FTSE 100 Slides Ahead Of BoE Rate Decision
U.K. stocks fell on Thursday as investors awaited the Bank of England's interest-rate decision for direction.
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Germany Factory Orders Fall Less Than Expected In June
Germany factory orders declined less than expected in June as the fall in foreign demand was partially offset by the improvement in domestic orders, data published by Destatis showed on Thursday. Factory orders decreased 0.4 percent on a monthly basis in June, after a revised 0.2 percent drop in May. Nonetheless, this was slower than the economists' forecast of -0.8 percent.
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CAC 40 Edges Higher Led By Banks
French stocks were moving higher on Thursday, with sentiment underpinned by earnings optimism and better-than-expected factory orders data from Germany.
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DAX Rises As Factory Orders Fall Less Than Expected
German stocks advanced on Thursday after data showed the country's factory orders fell less than feared in June.
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Asian Shares Advance On Optimism Over US Economy
Asian stocks ended mostly higher on Thursday as encouraging U.S. data and earnings helped ease recession concerns.
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European Economics Preview: Bank Of England Monetary Policy Decision Due
The monetary policy announcement from the Bank of England is due on Thursday, headlining a light day for the European economic news. The BoE is expected to raise its benchmark rate by 50 basis points to 1.75 percent, combat high inflation and the cost of living crisis. The bank is scheduled to issue the monetary policy summary and the minutes to the monetary policy committee meeting at 7.00 am ET.
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European Shares Likely To Open On Steady Note
European stocks are seen opening on a steady note Thursday as U.S. House Speaker Nancy Pelosi left Taiwan after reiterating her support for the island.
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Sensex, Nifty Follow Global Peers Higher As Recession Fears Ease
Indian shares opened higher on Thursday to extend gains for the seventh day running, as geopolitical tensions ebbed and encouraging U.S. economic data helped ease concerns about a recession.
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Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from global markets overnight, as traders reacted positively to some upbeat U.S. economic data on services sector activity and manufactured goods new orders, which helped ease concerns about a lingering recession and sharper interest rate hikes. Asian Markets closed mixed on Wednesday.
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Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Thursday, extending the gains in the previous session, with the Nikkei 225 just below the 27,900 level, following the broadly positive cues from global markets overnight, boosted by strength in technology stocks, which mirrored their peers on the tech-heavy Nasdaq.
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