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Asian Markets Mostly Higher Despite Weak Cues

Asian stock markets are trading mostly higher on Tuesday, despite the mostly negative cues from European markets overnight, as stocks in the region rebounded after the recent sell-off with traders picking up some stocks at a bargain, even as continuing concerns remain over the outlook for interest rates and potential recession on fears of energy rationing in Europe.
RTTNews | 858 gün önce
Indian Shares Set For Firm Start

Indian Shares Set For Firm Start

Indian shares look set to open in the green Tuesday amid lack of cues from U.S. peers. That said, a cautious undertone may prevail after oil prices jumped about 3 percent overnight spurred by an OPEC+ decision to cut output by 100,000 barrels per day.
RTTNews | 858 gün önce
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is slightly lower on Tuesday after been in the green most of the morning session, extending the losses in the previous four sessions, with the Nikkei 225 falling below the 27,600 level, following the mostly negative cues from European markets overnight, as traders remain concerned over the outlook for interest rates and rising inflation.
RTTNews | 858 gün önce
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Tuesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying below the 6,900 level, despite the mostly negative cues from European markets overnight, with strength in resources and technology stocks, even as traders await the cash rate decision from the Reserve Bank of Australia later in the day.
RTTNews | 858 gün önce
Swiss Market Ends Lower On Weak Data

Swiss Market Ends Lower On Weak Data

The Switzerland stock market ended on a weak note on Monday, in line with markets across Europe, amid rising fears of a recession after gas prices soared over 30% following Russia's decision to extend a halt on gas flows through a major pipeline to Europe.
RTTNews | 859 gün önce
Eurozone Sentix Investor Confidence Weakest Since 2020

Eurozone Sentix Investor Confidence Weakest Since 2020

Eurozone investor confidence deteriorated to the lowest in more than two years in September signaling that the recession is deepening, survey results from the behavioral research institute Sentix showed Monday. The investor confidence index declined to -31.8 in September from -25.2 in August. This was the lowest value since May 2020 and weaker than economists' forecast of -27.5.
RTTNews | 859 gün önce
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UK Service Sector Growth Softens In August

UK Service Sector Growth Softens In August

The UK service sector expanded at the slowest pace in the current 18-month sequence of growth amid escalating economic uncertainty and concerns about high inflation, final data from S&P Global showed Monday. The Chartered Institute of Procurement and Supply final services Purchasing Managers' Index posted 50.9 in August, down from 52.6 in the previous month. The score was well below the flash 52
RTTNews | 859 gün önce
Eurozone Private Sector Moves Further Into Contraction Zone

Eurozone Private Sector Moves Further Into Contraction Zone

The euro area private sector contracted for the second straight month as the service sector joined manufacturing in recording output fall in August, final data from S&P Global showed on Monday. The final composite output index fell to an 18-month low of 48.9 in August from 49.9 in the previous month. The flash score was 49.2. A reading below 50.0 indicates contraction.
RTTNews | 859 gün önce
Indian Shares Defy Weak Global Cues

Indian Shares Defy Weak Global Cues

Indian shares ended notably higher on Monday despite weak global cues as a result of the Europe's increasing energy crisis.
RTTNews | 859 gün önce
European Shares Retreat As Gas Prices Surge

European Shares Retreat As Gas Prices Surge

European stocks tumbled on Monday after Russia extended a halt on gas flows through a major pipeline to Europe, sparking further fears of energy rationing in the region as winter approaches.
RTTNews | 859 gün önce

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