Forex Nyheter
Asian Shares Retreat As Investors Grapple With French Uncertainty
Asian stocks declined on Monday while the euro rose against the dollar as French elections resulted in unprecedented political uncertainty.
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Swiss Franc Advances Against Majors
The Swiss franc strengthened against other major currencies in the Asian session on Monday.
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Monday.
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German Exports Fall For First Time In 3 Months
Germany's exports declined for the first time in three months in May as demand from China and the United States weakened, data published by Destatis showed on Monday. Exports posted a monthly fall of 3.6 percent, in contrast to the 1.7 percent increase in April. At the same time, imports declined more deeply by 6.6 percent, reversing a 1.2 percent rise in April.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
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European Shares Seen Up As France Faces Hung Parliament
European stocks are seen opening a tad higher on Monday as investors weigh hopes of U.S. policy easing against French political uncertainty.
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European Economic News Preview: German Foreign Trade Data Due
Foreign trade from Germany and investor confidence from the euro area are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to issue Germany's foreign trade data for May. The trade surplus is expected to fall to EUR 20.3 billion from EUR 22.1 billion in April.
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Sensex, Nifty Slip In Early Trade
Indian shares opened a tad lower on Monday as French elections pointed to a hung parliament and investors looked ahead to the release of the U.S. inflation print for June as well as Federal Reserve Chair Jerome Powell's testimony this week for additional clues on the Fed's rate trajectory.
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Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Monday, despite the broadly positive cues from Wall Street on Friday, as traders cautiously await key US inflation data that includes reports on consumer and producer prices in June later in the week. The data will provide more clues on the direction the US Fed will take on interest rates. Asian markets closed mostly lower on Friday.
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Sensex, Nifty Seen Slightly Lower As French Elections Bring Uncertainty
Indian shares may open a tad lower on Monday, tracking weak cues from other Asian markets as French elections pointed to a hung parliament.
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Japanese Market Slightly Higher
The Japanese stock market is slightly higher in choppy trading on Monday, reversing the slight losses in the previous session. The benchmark S&P/ASX 200 is staying above the 40,900 level, following the broadly positive cues from Wall Street on Friday, with gains in some index heavyweights and exporter stocks partially offset by weakness in financial stocks.
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Thai Stock Market May Extend Winning Streak
The Thai stock market has moved higher in three straight sessions, improving almost 25 points or 2 percent in that span. The Stock Exchange of Thailand now rests just above the 1,310-point plateau and it's expected to open to the upside again on Monday.
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Australian Market Notably Lower
The Australian stock market is currently trading notably lower on Monday, adding to the slight losses in the previous session, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 7,800.00 level, with weakness is iron ore miners, energy and financial stocks partially offset by gains in gold miners and technology stocks.
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