Category Archive

Jenni Reid

LONDON — European stocks opened in the green on Friday, rounding off a choppy week that has delivered a host of new information for investors to process.

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Lim Hui Jie

KEY POINTS

• The Bank of Japan kept its benchmark interest rate unchanged on Friday, but indicated it’s considering the reduction of its purchase of Japanese government bonds.
• Overnight in the U.S., the S&P 500 rose to post a fourth consecutive record close as traders weighed more data showing inflation pressures may be easing.

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Holly Ellyatt@HOLLYELLYATT

LONDON — European stocks are expected to open in negative territory Thursday as regional investors react to the U.S. Federal Reserve’s latest monetary policy decision and U.S. inflation data.

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Lim Hui Jie

KEY POINTS

• The Fed only projects one rate cut this year, down from three, but raises the number of total projected rate cuts to four in 2025.
• Asia markets tracked gains on Wall Street following the Fed decision, with all major markets in the green.

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Holly Ellyatt@HOLLYELLYATT

LONDON — European stocks are expected to open higher Wednesday ahead of the latest U.S. Federal Reserve decision and inflation reading.

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Lim Hui Jie

KEY POINTS

• China’s May inflation rate came in at 0.3%, missing expectations of 0.4% from a Reuters poll.
• Japan’s corporate goods inflation rate accelerated to 2.4% in May, beating expectations and marking its fastest rate of increase since August.

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Holly Ellyatt@HOLLYELLYATT

LONDON — European stocks are expected to open flat to higher Tuesday as investors look ahead to the Federal Reserve’s next meeting and U.S. inflation data.

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By Wayne Cole

SYDNEY (Reuters) -Asian stocks were in a guarded mood on Tuesday as investors pondered fresh political uncertainty in European markets after right-wing gains in elections and a snap poll in France revived concerns about the cohesion of the bloc.

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Holly Ellyatt@HOLLYELLYATT

LONDON — European stocks are expected to open lower Monday as traders react to initial results from the EU Parliament elections which suggest far-right parties have surged in popularity.

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Lim Hui Jie

KEY POINTS

• Asia-Pacific markets were mixed on Monday after a stronger-than-expected jobs report in the U.S. on Friday revealed hiring and wage growth picked up in May.
• A few Asian markets are closed for a holiday Monday, including Australia, mainland China, Hong Kong and Taiwan.
• This week in Asia, investors will be looking at Japan’s first-quarter gross domestic product numbers on Monday, followed by the Bank of Japan’s rate decision on Friday.

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