US AND EUROPEAN STOCKS
European shares rise after Powell's dovish comments; focus on elections European shares rose on Wednesday as investors welcomed dovish comments from Federal Reserve Chair Jerome Powell and looked ahead to the second round of the French vote and a national election in the UK.
03 Jul, 2024, 01.22 PM ISTUS stocks back at records while European bourses retreat Wall Street equity indices advanced to fresh records Tuesday as markets embraced commentary from Federal Reserve Chair Jerome Powell, while European bourses retreated on unease about upcoming French elections. But bourses in Paris and Frankfurt both...
03 Jul, 2024, 08.29 AM ISTYen hits 38-year low, Nikkei surges as Trump risk buoys US yields In a sensational turn of events, the U.S. dollar skyrockets to a 38-year high against the yen amidst speculation of a Trump comeback. The Nikkei soars past 40,000, while oil prices surge at the beginning of the summer driving season. Sterling and th...
02 Jul, 2024, 12.09 PM IST- ADVERTISEMENT
Dollar soars near 38-year yen peak as Trump risk lifts US yields Dollar nears 38-year high to yen amid Trump re-election speculations, Biden's debate influence expected, ECB event in focus.
02 Jul, 2024, 08.13 AM ISTAsian stocks stutter, euro gains after first round vote in France The euro was 0.32% higher at $1.0747, while European stock futures rose 1% as exit polls showed Marine Le Pen's eurosceptic National Rally emerged ahead in the first round of the French vote but with fewer votes than some analysts had forecast.
01 Jul, 2024, 06.59 AM ISTEuropean shares start week on bright footing on autos, banks' boost European shares rose on Monday, led by automobile and bank stocks, ahead of the first round of French parliamentary elections. Autos surged 1.6% after the EU and China agreed to discuss tariffs on Chinese EVs. Meanwhile, German business morale decli...
24 Jun, 2024, 02.49 PM ISTEuropean shares open lower as Fed trims rate-cut projections European shares edged lower on Thursday as U.S. Federal Reserve's hawkish stance on rate cuts weighed down sentiment. STOXX 600 down 0.2%, rebounding from previous session's 1.2% gain. BT rose 2.5% after Carlos Slim's stake acquisition in UK's large...
13 Jun, 2024, 01.51 PM ISTEuropean shares rise as markets await US inflation, Fed verdict European shares opened higher on Wednesday, supported by a drop in euro zone bond yields. Investor focus shifted to crucial events like U.S. inflation print and the Federal Reserve's monetary decision amid French political uncertainty.
12 Jun, 2024, 02.27 PM ISTAsia shares stumble; political uncertainty grips euro Asian stocks fell as traders reduced bets for Fed rate cuts due to a tight US labor market. A snap election in France raised political concerns, impacting the euro. MSCI's Asia-Pacific shares index also dropped.
10 Jun, 2024, 07.54 AM ISTFOMC, FII action among 10 factors to dictate D-Street mood this week The Nifty index closed the week with a 3.6% increase amidst two significant occurrences: the highly anticipated election results and the monetary policy decision by the Reserve Bank of India (RBI). As trading resumes on Monday, a range of significan...
09 Jun, 2024, 09.56 AM ISTChina’s exports surge more than expected in boost for economy Beijing is relying on sales abroad to offset weak consumer spending at home, where a real estate slump has led households to tighten their belts.
07 Jun, 2024, 10.00 AM ISTTokyo shares range-bound after mixed US finish Tokyo stocks traded in a narrow range on Friday after a mixed finish on Wall Street as investors await key US jobs data. "The Tokyo market is expected to stay within a narrow range in early trade after the US market ended mixed," brokerage house Mon...
07 Jun, 2024, 08.29 AM ISTTraders stunned by election surprises from Mexico to India The world witnessed unexpected outcomes in the Mexican elections and Narendra Modi's victory, impacting markets globally. Claudia Sheinbaum's landslide win also played a significant role in reshaping market dynamics.
07 Jun, 2024, 08.29 AM ISTS&P 500, Nasdaq close slightly down ahead of US payrolls data The S&P 500 and Nasdaq composite dipped from record highs ahead of key labor market data. Nvidia fell, while utilities and industrials dragged the S&P 500 lower. Investors await the U.S. nonfarm payrolls report, which may influence Federal Reserve d...
07 Jun, 2024, 08.16 AM ISTStocks and bonds fall in run-up to US Jobs report Stocks and bonds lost steam ahead of the US jobs report, impacting the Federal Reserve's next steps. Traders refrained from big bets as equities retreated from all time highs.
07 Jun, 2024, 08.10 AM ISTEuropean stocks at record on tech and ECB bets The pan-European STOXX 600 benchmark rose by 0.7%, with the technology subindex surging 2.6%, driven by significant gains from Wall Street's tech giants.
06 Jun, 2024, 05.32 PM ISTAsia stocks rally as rate cut bets gather momentum; ECB in focus Asian shares rose on Fed rate cut expectations and ECB meeting. Oil prices climbed, Treasury yields fell. Asia-Pacific shares outside Japan gained 1.14%, led by tech stocks.
06 Jun, 2024, 08.18 AM ISTAsia shares rally on hopes for more rate cuts this week Asian share markets rose on Monday as investors anticipated rate cuts by the European Central Bank and possibly the Bank of Canada. Sticky inflation may prolong the easing process.
03 Jun, 2024, 07.40 AM ISTDollar set for weekly gain as rate cut bets ebb The dollar is on track for its largest weekly gain in a month and a half, supported by strong U.S. economic data and a hawkish stance in Federal Reserve minutes.
24 May, 2024, 07.24 AM ISTAsia stocks brace for US inflation test, China data Beijing has already reported a welcome pickup in inflation to an annual 0.3% in April, helping to soothe worries about a slide into prolonged deflation. Forecasts favour further gains in April retail sales and industrial output due on Friday.
13 May, 2024, 07.57 AM IST