If it just seems like the first Friday of the month wasn't the same without being able to pore through the Bureau of Labor Statistics' hotly watched monthly jobs report, don't worry. You probably didn't miss much. While the BLS has gone dark with the shutdown in Washington, other reports outside the government data suggest the labor market just plodded along in September. The Dow Jones consensus forecast was for growth of 51,000 in nonfarm payrolls with the unemployment rate holding steady at 4.3%. High-frequency data that includes job postings, private payrolls and state-by-state figures...
European markets traded in negative territory on Tuesday, retreating from yesterday's mostly positive trading session as investors braced for the latest U.S. inflation report this week. The pan-European Stoxx 600 fell 0.3% during morning trade. Basic resources stocks led the losses, dropping 1.2% as investors reacted to weaker-than-expected Chinese import and export figures. Traders await U.S. inflation data due on Wednesday. The consumer price index data is likely to influence how the Federal Reserve moves to raise interest rates at its Dec. 17-18 meeting. Economists polled by Dow Jones...
Hong Kong stock market ended lower on Tuesday with the benchmark Hang Seng Index down 0.5 percent to close at 20,311.28 points. The Hang Seng China Enterprises Index dipped 0.74 percent to end at 7,306.16 points, and the Hang Seng Tech Index lost 1.39 percent to close at 4,591.94 points. Source : CTX
The Nikkei 225 Index gained 0.53% to close at 39,367, while the broader Topix Index rose 0.25% to 2,741 on Tuesday, extending gains from the previous session. The rally was driven by optimism following China's announcement of "more proactive" fiscal measures and a "moderately" looser monetary policy, which boosted market sentiment across the region. Japanese stocks also defied the selloff on Wall Street overnight, where major US technology names faced pressure. Domestically, investors are eyeing business sentiment data later this week to assess the health of the Japanese economy. Market...
The Hong Kong stock market jumped 297 points or 1.5% to 20,717 on Tuesday morning trade, surging for the third session and reaching its highest level in a month after a readout of China's Politburo meeting indicated that China next year will adopt a more proactive fiscal policy to bolster recovery, alongside an appropriately loose monetary policy for the first time in 14 years. Beijing will also focus on boosting demand and spurring consumption. Traders keenly anticipated the Central Economic Work Conference this week, where key targets and policy directions for 2025 will be set. However,...
The Nikkei 225 index rose 0.3% to above 39,200, while the broader Topix index gained 0.4% to 2,745 on Tuesday, extending gains from the previous session. The rally was driven by optimism following China's announcement of "more proactive" fiscal measures and "moderately" loose monetary policy, which boosted market sentiment across the region. Japanese stocks also defied a selloff on Wall Street overnight, with major U.S. technology names facing pressure. At home, investors are eyeing business sentiment data later this week to gauge the health of the Japanese economy. Market expectations...
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
The U.S. government shut down much of its operations on Wednesday as deep partisan divisions prevented Congress and the White House from reaching a funding deal, setting off what could be a long,...