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Asian Shares Mixed In Cautious Trade

Asian Shares Mixed In Cautious Trade

Asian stocks ended mixed on Wednesday, with Japanese markets leading regional losses as strong wage data spurred expectations of a 2024 Bank of Japan interest rate hike.
RTTNews | 156 gün önce
China Service Sector Posts Fastest Growth In 10 Months

China Service Sector Posts Fastest Growth In 10 Months

China's service sector growth accelerated to a ten-month high in May on strong new business inflows, survey results from S&P Global revealed on Wednesday. The Caixin services Purchasing Managers' Index climbed to 54.0 in May from 52.5 in the previous month. The score signaled that the sector expanded for a seventeenth consecutive month and at the strongest pace since July 2023.
RTTNews | 156 gün önce
European Shares Seen Opening Up Amid Softer US Yields

European Shares Seen Opening Up Amid Softer US Yields

European stocks are likely to open higher on Wednesday after rates on U.S. government debt fell for the fourth straight session, driven by evidence of slowing economic activity that could prompt the Federal Reserve to cut interest rates later this year.
RTTNews | 156 gün önce
European Economic News Preview: Eurozone Final Composite PMI Data Due

European Economic News Preview: Eurozone Final Composite PMI Data Due

Final composite Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Wednesday. At 2.45 am ET, France's statistical office INSEE is scheduled to issue industrial production data for April. Output is expected to grow 0.5 percent on month, in contrast to the 0.3 percent decrease in March.
RTTNews | 156 gün önce
Sensex, Nifty Modestly Higher In Early Trade

Sensex, Nifty Modestly Higher In Early Trade

Indian shares were modestly higher in early trade on Wednesday after suffering heavy losses in the previous session amid concerns that a smaller majority will see Prime Minister Modi face more difficulty in doling out reforms and infrastructure spending.
RTTNews | 156 gün önce
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid easing of global yields and on optimism that data showing weakness in the US labor market will encourage the US Fed to lower interest rates in the coming months. Asian markets closed mixed on Tuesday.
RTTNews | 156 gün önce
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Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is significantly lower on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling to near the 38,500 level, with losses across most sectors led by auto makers, financial and technology stocks.
RTTNews | 156 gün önce
Sensex, Nifty May Extend Losses On Election Uncertainty

Sensex, Nifty May Extend Losses On Election Uncertainty

Indian shares are seen opening lower on Wednesday after voters delivered a split election in the Lok Sabha election, with Nitish Kumar's JD(U) from Bihar and N. Chandrababu Naidu's Telugu Desam Party from Andhra Pradesh holding the key to government formation.
RTTNews | 156 gün önce
Thai Stock Market May Halt Its Slid On Wednesday

Thai Stock Market May Halt Its Slid On Wednesday

The Thai stock market has moved lower in two straight sessions, slumping almost 15 points or 1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,335-point plateau although it's likely to find traction on Wednesday.
RTTNews | 156 gün önce
China Service Sector Accelerates In May - Caixin

China Service Sector Accelerates In May - Caixin

The services sector in China continued to expand in May, and at a faster pace, the latest survey from Caixin revealed on Wednesday with a services PMI core of 54.0.
RTTNews | 156 gün önce
Australia GDP Adds 0.1% In Q1

Australia GDP Adds 0.1% In Q1

Australia's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Wednesday.
RTTNews | 156 gün önce
Indonesia Shares May Extend Winning Streak

Indonesia Shares May Extend Winning Streak

The Indonesia stock market has moved higher in back-to-back sessions, collecting almost 130 points or 1.9 percent along the way. The Jakarta Composite Index now sits just beneath the 7,100-point plateau and it may add to its winnings on Wednesday.
RTTNews | 156 gün önce

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