European stocks rose on Thursday, boosted by gains in luxury stocks after a report showed fashion firm LVMH posted strong first-quarter sales and on hopes the Federal Reserve will halt its tightening cycle after lower-than-expected inflation data. The pan-European Stoxx 600 index was up 0.3% by 0710 GMT. The Stoxx …
Read More »Japan’s Nikkei closed higher for the fifth day
The Japanese Nikkei index rose for the fifth consecutive session amid optimism about the recovery of the local retail sector, while financial stocks were affected by recession fears in the United States. The Nikkei index closed 0.26 percent higher, reversing early losses and posting its longest winning streak in more …
Read More »Caution hangs over European stocks ahead of the release of US inflation data
Calm dominated trading in European stocks on Wednesday, as investors remained cautious ahead of the release of US inflation data, which is expected to provide more indications of the Federal Reserve’s decision on monetary policy next month. The pan-European Stoxx 600 index was up 0.1 percent by 0707 GMT. Real …
Read More »European stocks rose ahead of important economic data this week
European stocks rose on Tuesday as investors returned from a long weekend to face a week full of important economic data that is expected to provide more clues about the path of interest rates globally. The pan-European Stoxx 600 rose 0.5 percent, with mining and auto stocks leading the gains, …
Read More »Japan stocks rise after the central governor’s remarks
Japanese stocks rose for the third consecutive session on Tuesday after moderate comments from the Governor of the New Bank of Japan, as well as strong economic indicators from the United States that boosted investor confidence. The Nikkei index rose 1.05 percent to close at 27,923.37 points, its highest daily …
Read More »Japan stocks closed higher, supported by global economic expectations
Japanese stocks rose at the close Monday, April 10, with the yen falling slightly, supported by hopes about the global economy’s ability to withstand rising inflation and raising interest rates, but stock movements were limited ahead of the first press conference of Bank of Japan Governor Kazuo Ueda. The Nikkei …
Read More »Central Europe’s policymakers double down on hawkish message
In the past two weeks, central bankers in central Europe have stepped up their hawkish policy messaging in an effort to dissuade investors from placing bets that they will soon start an easing cycle. Their message is beginning to find momentum. These policy cautions came amid a European market slump …
Read More »Japan’s Nikkei records slight gains amid the weakness of the yen
Japan’s Nikkei rose on Friday, trimming its weekly losses, as sentiment was boosted by a weaker yen and Wall Street closing higher overnight. The Nikkei index ended Friday’s trading, up 0.17 percent, at 27,518.31 points. However, it remained far from the high it recorded early in the session at 27,591.15 …
Read More »Japan’s Nikkei index closed at its lowest level in two weeks
Japan’s Nikkei index closed at a two-week low on Thursday, driven by selling in exporters’ stocks after the yen rose overnight, while heavyweight technology stocks followed the Nasdaq’s decline. The Nikkei index fell 1.22 percent to close at 27,472.63 points, the lowest level since March 24. The broader Topix index …
Read More »European stocks decline after data on the slowdown in economic recovery
European stocks fell on Wednesday as investors became cautious after data indicated a slower-than-expected recovery for the euro-zone economy. The European Stoxx 600 index fell 0.2 percent, with the industrial goods and services sector index declining 1.6 percent, while the utilities sector index rose 1.4 percent. Despite an optimistic start …
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