Stocks wobble on trade, earnings anxiety; US Treasury yields fall

TOKYO: Asian share markets faltered on Thursday as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate earnings, which helped underpin solid demand for safe-haven U.S. Treasuries.

European stocks are also poised for a decisively lower open, with futures for Britain's FTSE falling 0.4per cent, Germany's DAX down 1.0per cent and France's CAC down 0.5per cent. Netflix Inc shares tumbled in after-market trade after the world's dominant subscription video service lost U.S. streaming customers for the first time in eight years and missed targets for new subscribers overseas, raising worries in an already nervous the market.

In the foreign exchange market, the dollar slipped on Thursday as broader risk aversion pushed benchmark U.S. yields to a nine-day low. Sterling was a shade higher at US$1.244. It had stumbled to US$1.238, its lowest since April 2017 on Wednesday amid growing risks of Britain leaving the European Union in a no-deal Brexit.

Britain's fiscal watchdog is expected to say on Thursday the country's economy will fall into a recession next year and that its economy will be 3per cent smaller in the event of a"no-deal" Brexit, The Times newspaper reported.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Asian stocks wobble, bond yields fall on earnings woes, trade worriesAsian shares wobbled in early Thursday trading as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »

Asian stocks hit by trade woes while dollar rises, oil strugglesFresh trade worries and uncertainty about the Federal Reserve's plans for cutting interest rates weighed on Asian markets Wednesday while fears of ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »

Asian shares creep higher as wary investors await US data, earningsAsian shares inched up on Tuesday as traders awaited U.S. retail sales data and more corporate earnings to gauge the health of the world's biggest ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »

Stocks to watch: CapitaLand, Lum Chang, CCT, Frasers Property, Keppel-KBS US ReitTHE following companies saw new developments that may affect trading of their shares on Wednesday: Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »

US stocks retreat from records on mixed earnings, dataNEW YORK: Wall Street stocks finished lower on Tuesday (Jul 16), retreating from records following mixed earnings and economic data and amid talk ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »

US: Stocks retreat from records on mixed earnings, data[NEW YORK] Wall Street stocks finished lower on Tuesday, retreating from records following mixed earnings and economic data and amid talk the market is due for a pullback. Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »