CAC 40 Marginally Lower In Lacklustre Trade
(RTTNews) - French stocks were subdued on Thursday as investors looked ahead to the release of more U.S. and Eurozone economic data this week for clues to the economic and rate outlook.
The dollar remained on the back foot on expectations of deeper interest rate cuts, with some believing the Federal Reserve might go big with a supersized 50 bps interest rate cut in the September meeting to boost growth.
Closer home, the European Central Bank can continue to cut interest rates given the slowdown in inflation, and there is a risk the bank could keep policy too tight, ECB board member Piero Cipollone told a French newspaper on Wednesday. The benchmark CAC 40 was down 0.1 percent at 7,492 after losing 1 percent the previous day.
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Malaysia Bourse: Support Expected At 1,600 Points
The Malaysia stock market has moved lower in two straight sessions, sinking almost 30 points or 1.9 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,600-point plateau although it's tipped to bounce higher on Friday.
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5 ชม. 9 นาทีที่ผ่านมา
Japan Stock Market May Find Traction On Friday
The Japanese stock market has finished lower in two straight sessions, stumbling more than 475 points or 1.3 percent along the way. The Nikkei 225 now rests just above the 39,600-point plateau although it's likely to stop the bleeding on Friday.
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5 ชม. 24 นาทีที่ผ่านมา
South Korea Shares May Be Stuck In Neutral On Friday
The South Korea stock market has moved higher five straight sessions, accelerating more than 120 points or 4.8 percent along the way. The KOSPI now sits just above the 2,520-point plateau although it's due for profit taking on Friday.
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5 ชม. 39 นาทีที่ผ่านมา
Japan Household Spending Data Due On Friday
Japan will on Friday release November numbers for household spending, highlighting a light day for Asia-Pacific economic activity. Spending is expected to slip 0.9 percent on month and 0.8 percent on year after rising 2.9 percent on month and falling 1.3 percent on year in October.
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6 ชม. 9 นาทีที่ผ่านมา
TSX Ends Marginally Up After Lackluster Session
The Canadian market settled marginally up on Thursday, lifted by gains in materials stocks. Activity was subdued almost right through the day's session as investors largely stayed away on the sidelines, awaiting Canadian and U.S. jobs data, due on Friday.
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6 ชม. 11 นาทีที่ผ่านมา
Canadian Market Up Marginally In Lackluster Trade
Canadian stocks are moving in a tight band in lackluster trade on Thursday as investors look for directional clues. Trading volumes are quite thin as U.S. financial markets are closed today in honor of former U.S. President Jimmy Carter, who died in late December at age 100.
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8 ชม. 52 นาทีที่ผ่านมา
Swiss Market Ends Modestly Higher
The Switzerland market, which stayed positive save for a few minutes at the start of the session on Thursday, closed modestly higher, in line with markets across Europe.
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9 ชม. 45 นาทีที่ผ่านมา
European Stocks Close On Firm Note
European stocks closed broadly higher on Thursday with those from the mining sector turning in a fine performance thanks to higher metal prices. A sell-off in retail stocks, tariff threats by U.S. President-elect Donald Trump, and persisting concerns about inflation limited markets' upside.
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10 ชม. 7 นาทีที่ผ่านมา
