Before then is the payrolls report at 1230 GMT. A Reuters survey of economists predicts an increase of 113,000 jobs last month, down sharply on disruptions from hurricanes and strikes by aerospace
European shares slipped, Asia shares fell following an overnight selloff on Wall Street, and U.S. stock futures pointed to a weaker open later in the day.
As the world contemplates a future with a less dominant United States, geopolitical shifts may create new security challenges for nations like India
Shares were higher Monday in Europe and in Asia, where most markets were closed for the Lunar New Year holiday. Germany's DAX edged 0.1 per cent higher, to 15,058.49 while the CAC 40 in Paris also gained 0.1 per cent to 7,002.30. Britain's FTSE 100 added 0.2 per cent to 7,786.30. The future for the S&P 500 lost less than 0.1 per cent while the future for the Dow industrials was unchanged. In Asia, Tokyo's Nikkei 225 index added 1.3 per cent to 26,906.04 as investors shrugged off Finance Minister Shunichi Suzuki's comments that Japan is facing an unprecedentedly severe" financial situation after spending heavily to counter the pandemic and other troubles. Finances are the cornerstone of a country's trust," Suzuki told lawmakers in parliament. We must secure fiscal space under normal circumstances to safeguard trust in Japan and people's livelihoods in times of crisis." Japan's national debt, already more than twice its gross domestic product, has grown further as the government has
The futures for the S and P 500 and Dow Jones Industrial Average edged 0.1per cent lower
Global stock markets and Wall Street futures were higher Tuesday ahead of updates on US jobs amid fears of a possible global recession. Frankfurt, Shanghai and Hong Kong advanced. Seoul declined. Oil prices rose. Coming off a year of big declines for major stock markets, traders worry the Federal Reserve and other central banks might be willing to push the world into recession to cool inflation that is at multi-decade highs. Investors also are uneasy about the impact of Russia's war on Ukraine and China's COVID-19 outbreaks. Almost everyone is going into 2023 with a healthy dose of trepidation, Craig Erlam of Oanda said in a report. The DAX in Frankfurt opened up 0.2 per cent at 14,093.38 while the CAC-40 in Paris was unchanged at 6,594.63. On Wall Street, the futures for the benchmark S&P 500 index and the Dow Jones Industrial Average were up 0.5 per cent ahead of 2023's first day of US trading. The S&P 500 ended 2022 down 19.4 per cent, its biggest decline since the 2008 ...
It is interesting that the myths around the influence of Confucianism on Southeast Asia come not from Chinese scholars but from futurologist Hermann Kahn
With world markets plunging through the first quarter of the year, narrow hopes of recovery is there if history repeats itself and global equities gain lost footing in July
India's market ranking has once again slipped to seventh position as a variety of crises bother investors
MSCI's global share index fell 0.17% to 710.22, against a high of 724.49 hit on Wednesday, heading for little change on the week.
World shares advanced Friday but US futures were lower as Russian troops pressed toward the capital of Ukraine.
Yet as the world braces for a possible war in Ukraine, we still know relatively little about the interplay between conflicts and financial markets
Shares fell sharply in Asia on Tuesday after Russian President Vladimir Putin ordered troops into separatist regions of eastern Ukraine, suggesting a long-feared invasion was possibly underway. Tokyo's Nikkei 225 index dropped 2.2per cent and the Hang Seng in Hong Kong fell 3.2per cent in early trading Tuesday. Oil prices jumped, with U.S. crude up 2.8per cent. The future for the S&P 500 dropped 1.7per cent while the contract for the Dow industrials lost 1.5per cent. U.S. markets were closed on Monday for Presidents Day. In Europe, shares slipped Monday as investors awaited developments in the Ukraine crisis. Germany's DAX gave up 2.1per cent. In Paris, the CAC 40 in Paris declined 2per cent. Britain's FTSE 100 fell 0.3per cent. Russia's MOEX index dropped nearly 11per cent. The ruble was down 3.2per cent against the U.S. dollar. Western powers fear Russia might use skirmishes in Ukraine's eastern regions as a pretext for an attack on the democracy, which has defied Moscow's ...
On Wall Street, Facebook-owner Meta Platforms' dour forecast sent its stock plummeting, abruptly ending a nascent recovery built on upbeat earnings from big tech companies
London's traders were enjoying their final day of festive rest, but mainland Europe saw a lively start
Moving to reassure investors and keep growth from stalling, China's central bank cut the amount of funds banks are required to keep in reserve
Tuesday's warning from the head of drugmaker Moderna, that current vaccines are unlikely to be as effective against Omicron, made for a painful end of the month
The EV unit is a relatively small part of Evergrande's sprawling empire, but is primarily reliant on residential apartment sales.
By 1100 GMT, the MSCI world equity index was flat after hitting a new record high in Asian hours and following seven consecutive days of gains to record highs.
The STOXX Europe 600 index was up 1%, recovering more than half of the prior session's decline, but still on course to record the second straight week of losses.