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European markets open higher, extending rally; investors look ahead to ECB decision

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Karen Gilchrist@_karengilchrist

European markets started the month higher Monday, extending last week’s rally, as investors look ahead to the European Central Bank’s latest interest rate decision later this week.

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Gold little changed as traders seek more data for Fed rate cues

Reuters

Gold prices were little changed on Monday as traders awaited more U.S. economic data this week, after recent data showed that inflation stabilized and lifted hopes for the Federal Reserve to cut interest rates later this year.

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India stocks hit record highs to lead gains in Asia as exit polls project Modi’s BJP to win elections

Shreyashi Sanyal

India stocks hit record highs to lead gains in Asian markets on Monday, while a private survey showed China’s manufacturing activity expanded at its fastest pace in nearly two years.

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European stocks open slightly higher ahead of fresh inflation data

Karen Gilchrist

European stocks opened slightly higher Friday, extending gains from the previous session as investors await fresh inflation data.

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Gold flat ahead of U.S. data, but set for 4th straight monthly gain

Reuters

Gold prices were set for a fourth straight monthly gain, even as the market struggled for momentum on Friday ahead of a key U.S. inflation reading that could provide more indications on how the Federal Reserve might proceed with rate cuts later this year.

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Asia markets mostly rise on data-heavy day

Shreyashi Sanyal

Asia-Pacific markets mostly rose on Friday as investors parsed data from major economies across the region.

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Europe stocks mixed as global sentiment sours ahead of inflation data; Auto Trader up 11%

Jenni Reid

European stocks were choppy early Thursday, struggling to shake off a negative trend this week as global markets come under pressure from rising bond yields.

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Gold prices drop as strong U.S. dollar, yields dim bullion’s shine

Reuters

Gold prices slipped for a second consecutive session on Thursday as the U.S. dollar and Treasury yields edged higher ahead of key inflation data, which could offer further clarity on the Federal Reserve’s interest rate plan.

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Japan’s Nikkei leads losses in Asia ahead of data deluge on Friday

Shreyashi Sanyal & Lim Hui Jie

Asia-Pacific markets extended losses on Thursday, tracking Wall Street’s moves ahead of a slew of economic data from the region on Friday.

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European markets head for higher open as UK inflation misses estimate

Holly Ellyatt

European stocks are heading for a higher open Wednesday as regional markets continue to see-saw over the inflation outlook and trajectory of interest rates.

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