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Asia stocks rise as ECB appears set to cut rates; softer labor market fuels hopes the Fed might follow suit

Lim Hui Jie

Asia-Pacific stocks rose Thursday as investors expect the European Central Bank to cut rates, with softer U.S. labor market data fueling hopes that the Fed might follow suit, further boosting market sentiment.

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European markets head for a higher open as investors look ahead to ECB meeting

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Holly Ellyatt@HOLLYELLYATT

European stocks are expected to open higher Wednesday, with investors in the region looking ahead to the next meeting of the European Central Bank (ECB).

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Gold rangebound as traders seek more U.S. data for Fed cues

Reuters

Gold prices rose slightly on Wednesday helped by lower Treasury yields, but were stuck in a tight range as investors waited for more U.S. data to gauge the Federal Reserve’s next step on monetary policy.

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India stocks steady after massive declines as investors digest election results; broader Asia markets mixed

Shreyashi Sanyal & Lim Hui Jie

Asia-Pacific markets were mixed on Wednesday, with stocks in India stabilizing after a heavy sell-off in the previous session as investors assessed India’s election results.

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European markets set for mixed open as positive momentum falters

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Holly Ellyatt@HOLLYELLYATT

European markets are set to open in mixed territory Tuesday as positive momentum over the past few days falters.

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Gold drifts lower with focus on U.S. jobs data

Reuters

Gold prices inched down on Tuesday after rising 1% in the previous session as investors awaited U.S. jobs data due later this week for clues on the Federal Reserve’s interest rate trajectory.

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India’s Nifty plummets 3.5% to lead Asia markets lower as election vote counting kicks off

Shreyashi Sanyal

India stocks slumped to lead Asia markets lower Tuesday, as the country started counting votes for its 2024 general election.

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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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