World Markets
Asia markets open lower as Wall Street recovery stalls; investors asses Japan trade data
The Reserve Bank of India xxxx rates August 6, 2023 as inflation cools in the world’s fifth-largest economy. Punit Paranjpe | Afp | Getty Images Asia-Pacific markets opened lower on Thursday as Wall Street declined overnight, while investors also awaited trade data from Japan and India’s rate decision. The Dow Jones Industrial Average fell 0.60%, while […]
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CNBC Daily Open: Market correction may not be over yet
Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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Biggest concern is the market sell-off becoming a ‘self-fulfilling prophecy,’ research firm warns
The New York Stock Exchange is seen during afternoon trading on August 05, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty Images Sustained market declines in the wake of the recent global sell-off could become a “self-fulfilling prophecy” that eventually leads to a recession, Morningstar DBRS analysts warned. “In […]
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CNBC Daily Open: Dow sheds 1,000 points, Japan stocks rebound
A trader works on the floor of the New York Stock Exchange. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to […]
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CNBC Daily Open: Dow sheds 1,000 points
A trader works on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell in New York City on August 5, 2024. Charly Triballeau | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything […]
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Japan stocks rebound 8% after historic losses; other Asia markets also open higher
Employees work in the trading room inside the Mitsubishi UFJ Trust and Banking head office in Tokyo, Japan, on Tuesday, March 19, 2024. Bloomberg | Bloomberg | Getty Images Japan stocks rebounded on Tuesday after the Nikkei 225 and the Topix dropped over 12% in the previous session. Other Asia-Pacific market also opened higher. Japan’s […]
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I’m prepared to ‘start buying Japan,’ Monex Group’s Jesper Koll says despite major stock sell-off
Monex Group’s Jesper Koll says he is prepared to “start buying Japan” on the back of fundamentals still being “solid” in the country, even as Japanese markets on Monday experienced a major stock-sell off. Earnings may be revised downwards due to the movement of the Japanese yen, but there have been improvements in corporate governance, […]
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Everyone is talking about the Sahm recession indicator. Here’s what you need to know
Global stock markets are in the grip of a deepening rout, prompting investors to turn to one of the most historically accurate indicators to determine whether the U.S. economy is in recession. The so-called “Sahm rule” has observed without fail that the initial phase of a recession has started when the three-month moving average of […]
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Investors are unwinding the biggest ‘carry trade’ the world has ever seen, SocGen strategist says
A pedestrian walks past a display board showing the morning numbers on the Tokyo Stock Exchange along a street in Tokyo on August 5, 2024. Richard A. Brooks | Afp | Getty Images A rapid unloading of “carry trades” extended on Monday, with market participants seeking to roll back on the popular strategy amid a […]
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European markets plunge 2.5% as global volatility deepens; mining stocks shed 3.6%
A stock exchange in Germany. Torsten Silz | AFP | Getty Images LONDON — European stocks fell sharply at the start of Monday’s session, as global volatility continues amid concerns of a looming U.S. recession. The regional Stoxx 600 index was 2.34% lower by 8:52 a.m. London time, with all sectors and major regional bourses […]
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