Category Archive

Katrina Bishop@KATRINABISHOP

KEY POINTS

• European stocks looked set to open relatively flat on Friday, after closing at a record high during the previous session.
• The pan-European Stoxx 600 ended Thursday at 524.75 points — just above its previous record close on May 15, according to LSEG data.
• It comes after the European Central Bank cut interest rates for the first time since 2019 on Thursday, in a widely expected move, despite nagging inflationary concerns.

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Lim Hui Jie

Asia-Pacific stocks were mixed on Friday as investors looked at economic data from China and digested Japan’s pay numbers, with markets also assessing the European Central Bank’s rate cut.

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Holly Ellyatt@HOLLYELLYATT

European stocks are expected to open higher on Thursday, with traders anticipating that the European Central Bank will cut borrowing costs for the euro area for the first time since September 2019.

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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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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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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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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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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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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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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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