- December 11, 2023
- By: Admin1_blog
- EU Market, Indices
Elliot Smith
LONDON — European markets are set for a modestly higher open on Monday, tracking Friday’s positive close stateside on the back of a strong round of economic data.
Elliot Smith
LONDON — European markets are set for a modestly higher open on Monday, tracking Friday’s positive close stateside on the back of a strong round of economic data.
Gold retreated back under $2,000 an ounce on Friday as the dollar and Treasury yields strengthened after traders trimmed bets for U.S. interest rate cuts to materialize by March following stronger-than-expected jobs data.
Shreyashi Sanyal & Lim Hui Jie
China’s stocks slid Monday after data showed persistent deflationary pressures as the country’s economy suffers from weak domestic demand.
Jenni Reid
European markets are set to open higher Friday after closing out their best month since January amid a global rally in stocks and bonds.
Gold slipped on Thursday but posted a second straight monthly gain as expectations that the Federal Reserve may soon cut interest rates enhanced the appeal of non-yielding bullion.
Lim Hui Jie
Asia-Pacific markets started Friday lower, breaking ranks with Wall Street which mostly advanced on Thursday, amid mixed economic data from across the region.
Holly Ellyatt
European stocks are heading for a mixed open Wednesday as regional markets struggle to build positive momentum and assess comments from the U.S. Federal Reserve board members.
Gold rose for a fourth consecutive session on Tuesday and hit a more than six-month high, driven by a retreating dollar and expectations that the U.S. Federal Reserve has finished hiking interest rates.
Shreyashi Sanyal & Lim Hui Jie
Asia-Pacific markets largely fell, led by losses in Hong Kong as investors assess comments from the U.S. Federal Reserve board members and digest Australia’s October inflation figures.
Holly Ellyatt
European markets are heading for a flat open Tuesday, continuing lackluster sentiment seen at the start of the week in the region and beyond.