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 stocks opened broadly higher, with the regional Stoxx 600 index up 0.15%, the U.K.'s FTSE 100 up 0.27%, and France's CAC 40 and Germany's DAX both up around 0.35%. Markets at least initially recovered from Friday's negative trading as Israel and Iran traded airstrikes, stoking fears of a prolonged and deadly conflict. European oil and gas stocks on the Stoxx 600 rose 1.1% amid a surge in crude prices. (alg) Source: CNBC
The Nikkei 225 index rose 1.26% to close at 38,311 while the broader Topix index gained 0.75% to 2,777 on Monday, reversing losses from the previous session as investors appeared to downplay rising geopolitical risks in the Middle East. Clashes between Israel and Iran continued over the weekend, with both sides targeting energy infrastructure and pushing up oil prices. Local equities also benefited from a weaker yen that boosted the profit outlook for Japan's export-heavy industries. Meanwhile, investors' focus shifted to the Bank of Japan's upcoming policy meeting. The central bank is...
The Hang Seng Index started weakly, down 100 points, or 0.42%, to close at 23,791 points. The H-share index fell 32 points, or 0.37%, to close at 8,622 points, while the technology index dropped 32 points, or 0.61%, to 5,207 points. Tech shares showed a general weakening trend with Tencent down 0.5%, Alibaba 0.8%, Meituan 1.3%, Xiaomi unchanged, and Kuaishou down 0.3%. Financial shares were on a downward trajectory with HSBC Holdings down 0.4%, AIA Group 0.2%, China Ping An unchanged, and Hong Kong Stock Exchanges and Clearing down 1.1%.(alg) Source: Dimsumdaily Hong Kong
The Nikkei 225 index rose 0.9% to above 38,000 while the broader Topix index gained 0.8% to 2,778 on Monday, reversing losses from the previous session as investors appeared to downplay rising geopolitical risks in the Middle East. Clashes between Israel and Iran continued over the weekend, with both sides targeting energy infrastructure and pushing up oil prices. Iran has also threatened to close the Strait of Hormuz, a vital passageway for global oil shipments, adding to market uncertainty. Despite the global tensions, domestic focus is turning to the Bank of Japan's upcoming policy...
Asia-Pacific markets rose on Monday as investors assessed escalating Israel-Iran tensions, while awaiting a batch of data from China. Oil prices surged as Israel and Iran traded barbs, while gold prices rose, as investors sought refuge in the safe-haven metal as equity markets slumped globally. The barbs continued over the weekend. Japan's benchmark Nikkei 225 rose 0.87%, while the broader Topix index gained 0.92%. In South Korea, the Kospi index rose 0.55%, while the small-cap Kosdaq gained 0.31%. Australia's S&P/ASX 200 rose 0.24% in early trade. Investors will keep a close eye on...
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,...