European markets opened lower Monday as investors reflected on a spate of central bank decisions last week and the prospect of higher-for-longer interest rates. The pan-European Stoxx 600 index was down 0.3% in early trade, with all sectors in negative territory. Mining stocks led losses with...
Japanese stocks rise as yen remains weak in the wake of Bank of Japan’s decision on Friday to keep policy unchanged. Topix rose 0.2% to 2,380.18 at 9:01 a.m. in Tokyo Nikkei 225 advanced 0.2% to 32,478.26 Sony contributed the most to the Topix’s gain, adding 0.7%. Out of 2,157...
Gold was steady after traders slightly unwound bets on another rate hike this year, with key US inflation data due this week set to show a deceleration. The annual core metric that strips out food and energy from the Federal Reserve’s preferred inflation measure may have fallen below...
The yen approached the closely watched 150 per dollar level on Monday and kept traders on intervention watch after the Bank of Japan and Governor Kazuo Ueda quashed hopes of any imminent move away from its stark ultra-loose monetary policy. In the broader currency market, the...
Asian shares were hesistant on Monday after central banks last week reinforced the message that interest rates will stay higher for longer, while investors braced for inflation data from the U.S. and Europe. Markets will also be looking for further clues on whether China's economy is...
France's dominant services sector contracted at an even sharper pace in September, a monthly survey showed on Friday, as falls in demand and new orders weighed on the euro zone's second-biggest economy. The HCOB France flash purchasing managers index (PMI) for the services sector, compiled by...
Oil headed for its first weekly loss in four after the Federal Reserve flagged a further rise in US interest rates this year, damping appetite for risk assets and overshadowing physical tightness in the crude market. West Texas Intermediate was steady near $90 a barrel on Friday, and...
Japanese stocks fall as the yen retains gain ahead of the Bank of Japan’s policy decision later today. Topix Index fell 0.8% to 2,363.46 as of 9:01 a.m. Tokyo time Nikkei declined 0.9% to 32,272.61 Toyota contributed the most to the Topix’s decline, decreasing 1.1%. Out of 2,157 stocks in...
Asia-Pacific markets fell ahead of the Bank of Japan’s rate decision, which investors will be closely watching to determine if the central bank will make any change to its ultra-easy monetary policy A poll of Reuters economists showed that economists all expect the BOJ to hold...
The yen was held at the mercy of soaring U.S. Treasury yields on Friday ahead of a closely watched rate decision by the Bank of Japan (BOJ), while the dollar stood near a six-month peak on the prospect of higher-for-longer U.S. rates. The Japanese currency was...