European markets were lower on Monday, with investors turning their attention to regional inflation data and to Nvidia earnings due this week. The pan European Stoxx 600 was down 0.38% at 2:40 p.m. London time, with major regional bourses and sectors mostly pulling back. Retail stocks led losses, down 1.17%, while oil and gas stocks added 0.36%.Markets had closed lower on Friday, with the Stoxx 600 recording its fourth consecutive weekly decline. This week, investors will be looking to several key regional data points, including the latest inflation data out of the U.K. on Wednesday. The...
Asia-Pacific markets opened higher on Tuesday, tracking Wall Street gains buoyed by a Tesla rally, and as investors wait to watch key Chinese financial policymakers speak at an investment summit in Hong Kong. Australia's S&P/ASX 200 traded 0.53% higher in its first hour of trade. Japan's Nikkei 225 was up 0.68%, while the Topix rose 0.65%. South Korea's Kospi and Kosdaq traded around the flatline. Hong Kong's Hang Seng index futures were at 19,766, higher than the HSI's last close of 19,576.61. The Reserve Bank of Australia will publish the minutes from its monetary policy meeting...
The Nikkei 225 Index gained 0.2% to around 38,300, while the broader Topix Index advanced 0.3% to 2,700 on Tuesday, recovering some of the losses from the previous session, helped by gains in heavyweight bank stocks. Japanese shares also took cues from a positive lead on Wall Street, where both the S&P 500 and Nasdaq Composite halted their recent declines. In comments on Monday, Bank of Japan Governor Kazuo Ueda signaled that the central bank would raise interest rates gradually if the economy develops as expected, though he provided no specific timeline for future hikes. Investors are...