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Stocks and Indices news

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Stocks and Indices news

​Japans Nikkei rose to a one month high on Wednesday

07:36 am 2018-07-18

Japan's Nikkei rose to a one-month high on Wednesday as exporters such as automakers and technology companies gained support after the dollar hit a six-month high against the yen. The Nikkei rose 0.4 percent to close at 22,794.19, the highest close since June 15. The broader Topix index <.TOPX> was up 0.4 percent at 1,751.21. The dollar rose 0.05% to 112.955 after rising to 113.08, its strongest level since Jan. 9, as US Federal Reserve Chairman Jerome Powell gave an upbeat outlook for the economy…More

European stocks open higher on Tuesday amid optimism about global growth

08:24 am 2018-07-17

European stocks opened higher on Tuesday amid optimism about growth after the International Monetary Fund kept its global economic growth forecast unchanged at 3.9% this year despite the spread of trade disputes. Asian shares were broadly lower, weighed by tensions over US trade tariffs, after the Trump administration raised cases against China, the European Union, Canada, Mexico and Turkey at the World Trade Organization. China has also lodged a complaint with the World Trade Organization (WTO) against US President Donald Trump's proposal to raise tariffs on Chinese…More

​Japans Nikkei stock index rose to a three month high on Tuesday

07:45 am 2018-07-17

Japan's Nikkei stock index rose to a three-month high on Tuesday as the weak yen lifted exporters' stocks, offsetting weakness in machinery stocks after data showed China's growth momentum was down. Japanese markets reopened after the three-day weekend due to the national holiday on Monday, with the Nikkei ending 0.4 percent lower at 22,697.36, the highest close since June 15. The broader TOPIX index was 0.9 percent higher at 1745.05. The dollar rose 0.1 percent against the yen to 112.4 yen, up to a six-month…More

European stocks open slightly higher on Monday

07:59 am 2018-07-16

European stocks open slightly higher on Monday as investors absorb a wide range of economic data from China. China's GDP growth slowed to 6.7 percent in the second quarter, its slowest pace since 2016. These forecasts were opposite, but were below 6.8 percent in the first quarter of 2018. June retail sales exceeded forecasts, investment in fixed assets grew in line with expectations, while industrial output growth was in the midst of expectations. The dollar rose slightly against the yen…More

​Japans Nikkei rose to a three week high on Friday

07:47 am 2018-07-13

Japan's Nikkei rose to a three-week high on Friday, supported by weaker yen and gains from Fast Retailing after jumping on strong third-quarter results. Technology stocks also attracted buyers after tracking their counterparts in the US, which sent the Nasdaq index to a record high. The Nikkei rose 1.9 percent to close at 22.597.35, its strongest close since June 21. The benchmark index rose 3.7 per cent in the week to a three-week losing streak. It was the biggest weekly gain since late March. Rapid retail sales jumped 7.0 per cent…More

The Nikkei average rebounded in Japan on Thursday

08:08 am 2018-07-12

The Nikkei average rebounded in Japan on Thursday, as the yen weakened temporarily to fear war fears and lift sentiment, while the SoftBank gained heavyweight after a US hedge fund source said it had taken a $ 1 billion stake. The Nikkei was up 1.2 percent at 22,187.96, beating the broader Topix, which rose 0.5 percent to 1,709.68. The Nikkei led superior performance against Topix, the so-called NT ratio, to 12.99, the highest since March 1999. Soft Soft, the most heavily traded…More

European stocks were under selling pressure on Wednesday after the United States announced new tariffs

08:30 am 2018-07-11

European stocks were under pressure on Wednesday after the United States announced it would impose a 10 percent tariff on additional Chinese imports worth $ 200 billion in an escalating trade conflict between the world's two largest economies. Investors are now preparing to avenge Beijing. "The surge of large-scale tariffs will inevitably destroy China-US trade," Assistant Trade Minister Li Qin Gang told a forum in Beijing. Asian markets are on a large-scale decline, with record indexes in China, Hong Kong and Japan falling by 1-2…More

Japans Nikkei average fell more than 2 percent on Wednesday morning

07:39 am 2018-07-11

Japan's Nikkei fell more than 2 percent on Wednesday morning after the United States said it would impose customs duties on more than $ 200 billion worth of Chinese goods, hurting shippers and car makers in particular. The Nikkei was down 2.1 percent at 21,744.25 in mid-morning trading, down from a two-and-a-half-day high the previous day. Senior administration officials said on Tuesday that Washington had decided to impose additional fees after negotiations to resolve the trade dispute failed to reach an agreement. US officials have released a list of thousands of…More

European markets opened on gains during Tuesdays trading

08:04 am 2018-07-10

European stocks opened higher on Tuesday as traders bet on a full-scale trade war between the United States and its trading partners. Asian stocks rose broadly for the third day in a row and oil continued gains on Monday on mounting concerns about a possible supply shortfall, while the dollar index remained flat in Asian trade. Gold prices rose amid geopolitical tensions after US President Donald Trump said Beijing might seek to derail efforts to denuclearize North Korea. The pound rose against…More

Japan's Nikkei rose to a one and a half week high on Tuesday

07:08 am 2018-07-10

Japan's Nikkei rose to a one-and-a-half-week high on Tuesday on Wall Street's strong performance, while Yahoo Japan rose on news that Softbank would buy nearly $ 2 billion of its shares through a subsidiary. The Nikkei rose 1.1 percent to 22,229.40 after hitting a high of 22,316.27, its strongest level since June 29. The broader Topix offers 1 percent to 1,729.01. Stocks rose after the Dow Jones and the Standard & Poor's 500 Index posted their biggest gain in one month overnight, with a steady…More

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