ASX set to slide lower, European stocks retreat

  • 📰 brisbanetimes
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 67%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The Australian sharemarket is set to edge lower after a middling night on global markets. Wall Street was closed for the Juneteenth holiday.

European stocks and US equity futures paused as traders sought fresh catalysts to extend the latest tech-driven gains.

. The pan-European Stoxx 600 slipped 0.2 per cent after two days of gains, while bond yields across the euro area edged higher. The Brazilian real slid ahead of today’s rate decision.Reuters Despite a recent wobble driven by French political tensions, European stocks still stand about 2 per cent off their latest record highs. Wall Street, meanwhile, has been lifted by the continued AI frenzy and resilient economic growth that should continue to support corporate earnings, especially in the technology sector. UK data added to signs inflation is slowing across the developed world, potentially allowing central banks to cut interest rates.

While US Treasuries weren’t trading on Wednesday, government bond yields across Europe edged higher. UK 10-year government borrowing costs rose about three basis points and the pound firmed, despite data showing inflation had slowed to the Bank of England’s 2 per cent target, as price pressures remained sticky in the key services sector.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 13. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

ASX set to slide lower, European stocks retreatThe Australian sharemarket is set to edge lower after a middling night on global markets. Wall Street was closed for the Juneteenth holiday.
Källa: theage - 🏆 8. / 77 Läs mer »

ASX set to slide lower, European stocks retreatThe Australian sharemarket is set to edge lower after a middling night on global markets. Wall Street was closed for the Juneteenth holiday.
Källa: smh - 🏆 6. / 80 Läs mer »

ASX 200 LIVE: ASX to slip, Nvidia takes market-cap crownAustralian shares are set to open modestly lower. Nvidia extended its rally, surpassing Microsoft. Traders fade RBA rate bets. Follow updates here.
Källa: FinancialReview - 🏆 2. / 90 Läs mer »