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CAC 40 Little Changed As Traders Pare Fed Rate Cut Bets
French stocks were little changed on Monday as robust U.S. jobs data released on Friday lifted bond yields.
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DAX Dips As Factory Orders Slump
German stocks declined on Monday after official data showed Germany's factory orders declined at a faster-than-expected pace in August.
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Asian Shares Rally After Upbeat US Jobs Report
Asian stocks rallied on Monday and the dollar hit a fresh seven-week peak on the yen after robust U.S. jobs data signaled economic resilience but prompted trades to pare bets on aggressive Federal Reserve interest-rate cuts.
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Malaysian Ringgit Falls To Near 3-week Low Against U.S. Dollar
The Malaysian ringgit weakened against the U.S. dollar in the European session on Monday.
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European Shares Seen Opening On Firm Note
European stocks are seen opening broadly higher on Monday after robust jobs data reinforced bets of a soft landing for the U.S. economy.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, as traders react to stronger than expected US jobs growth data that eased concerns about the economic outlook, but dashed hopes of aggressive rate cuts in the coming months. However, escalating tensions in the Middle East is weighing on market sentiment.
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Japanese Market Sharply Higher
The Japanese stock market is trading sharply higher on Monday, adding to the gains in the previous two sessions. The benchmark S&P/ASX 200 is moving well above the 39,400 level, following the broadly positive cues from Wall Street on Friday, with losses across all sectors led by index heavyweights, financial and technology stocks.
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Sensex, Nifty Seen Higher At Open
Indian shares may open on a positive note Monday, tracking firm cues from global markets on optimism over a soft landing for the U.S. economy.
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Thai Shares Expected To Open In The Green On Monday
The Thai stock market on Friday ended the two-day slide in which it had dropped more than 20 points or 1.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,445-point plateau and it's tipped to see additional support on Monday.
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Indonesia Stock Market Due For Support On Monday
The Indonesia stock market has moved lower in three straight sessions, dropping nearly 150 points or 2 percent along the way. The Jakarta Composite Index now rests just beneath the 7,500-point plateau although it may stop the bleeding on Monday.
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Australian Market Modestly Higher
The Australian stock market is currently trading modestly higher on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving to near the 8,200.00 level, with gains in financial and technology stocks partially offset by weakness in gold miner stocks.
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Higher Open Anticipated For Hong Kong Stock Market
The Hong Kong stock market bounced higher again on Friday, one session after halting the six-day winning streak in which it had skyrocketed more than 4,200 points or 21 percent. The Hang Seng Index now sits just above the 22,730-point plateau and it's tipped to open in the green again on Monday.
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Renewed Support Expected For Taiwan Stock Market
The Taiwan stock market turned lower again on Friday, one session after snapping the two-day slide in which it had dropped more than 630 points or 2.9 percent. The Taiwan Stock Exchange now rests just above the 22,300-point plateau although it figures to bounce higher again on Monday.
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