Nikada/E+ via Getty Images The Asia-Pacific equity market were mixed on Monday after fresh data showed the Chinese economy grew less than expected in Q2 of 2024 amid mounting internal and external headwinds, and the market participants were also nervous following an assassination attempt on former US President Trump Saturday.Continue Reading
JHVEPhoto Booking Holdings (NASDAQ:BKNG) shares are climbing in premarket trading, underpinned by an upgrade at Benchmark to Buy from Hold as resilience in the European travel industry coupled with better-than-expected growth in APAC should offset any impact from a stalled global economy, enabling Booking (BKNG) to outperform the consensus estimatesContinue Reading
Investors’ pessimism about the short-term outlook for the stock market decreased this week, as recent economic data stoked hopes of interest rate cuts. A total of 26.1% of respondents of the American Association of Individual Investors, or AAII Sentiment survey, said they think the market will trend down in theContinue Reading
Wall Street’s benchmark S&P 500 (SP500) gauge on Wednesday scaled a new intraday all-time high, after fresh economic data supported a scenario where the Federal Reserve would be able to start easing monetary policy. Traders will see a truncated session ahead of the Independence Day holiday, with equity and bondContinue Reading
primeimages/E+ via Getty Images Asia-Pacific equity markets started the second half of the year on a positive note as investors digested the mixed Chinese PMI data, and the data showed that confidence among large Japanese manufacturing firms improved to a two-year-high in Q2 amid an improving economic outlook. Japan (NKY:IND)Continue Reading
Traders and investors watched Wall Street’s major market averages conclude in a more muted fashion on Thursday after markets received a slew of economic data in the early part of the day. The tech focused Nasdaq Composite (COMP.IND) ended higher by 0.3% and closed out at 17,858.68. At the sameContinue Reading
Jun. 27, 2024 5:03 AM ETEuro / US Dollar (EUR:USD), USD:EUREWG, GF, EWI, EWQ, USD, FGM, HEWG, DAX, FLGRBy: Arundhati Sarkar, SA News Editor rarrarorro/iStock via Getty Images The Economic Optimism Index in the Euro Area decreased to 95.90 points in June from 96 points in May. Consumer Confidence meanwhileContinue Reading
Gaston Brito Miserocchi/Getty Images News Bolivia’s President Luis Arce has emerged victorious after a coup attempt against his socialist government failed, ahead of the general election next year and an ongoing economic crisis. The coup attempt was led by Army General Juan Jose Zuniga, who vowed to “restore democracy.” SoldiersContinue Reading
Nikada Asia-Pacific equity markets mostly rise on Tuesday, as caution dominated sentiment ahead of key US inflation data and the first US presidential debate between Joe Biden and Donald Trump this week. Japan (NKY:IND) +0.95%. The Japanese yen steadied around 159.3 per dollar after threatening to breach the 160 levelContinue Reading
kyoshino/E+ via Getty Images 7:00 Fed’s Bowman Speech 8:30 Chicago Fed National Activity Index 9:00 Case-Shiller Home Price Index 9:00 FHFA House Price Index 10:00 Consumer Confidence 10:00 Richmond Fed Mfg. Index 12:00 Fed’s Cook Speech 1:00 PM Results of $69B, 2-Year Note Auction 1:00 PM Money Supply 2:15 PMContinue Reading
