European shares stalled on Wednesday as weak results from the troubled autos sector dragged the market down and investors' confidence in a rally that has sent stocks shooting up this year showed signs of fraying.
Revived fears about the progress of US trade negotiations with China muted an earlier jump in US Treasury bond yields on a report showing business activity and spending jumped in non-manufacturing sectors in February.
Revived fears about the progress of US trade negotiations with China muted an earlier jump in US Treasury bond yields on a report showing business activity and spending jumped in non-manufacturing sectors in February.
Philippine shares jumped 2 percent on Wednesday, led by real estate and consumer stocks, while most other Southeast Asian markets were subdued as continued uncertainty over a US-China trade deal dampened risk appetite.
Wall Street's main indexes dipped in a choppy session on Tuesday as a drop in General Electric shares countered positive retailer earnings and investors eyed a key resistance level for the benchmark S&P 500 after the market's strong run.
China stocks climbed on Wednesday to nine-month closing highs, bolstered by hopes Beijing would pursue more stimulus this year to underpin the cooling economy, even as investors watched for developments in Sino-US trade talks.
Japan's Nikkei retreated further from three-month highs on Wednesday after a weak tone in US shares, while retail investors pounced on reports that North Korea had restored part of a missile launch site to buy small defence-related firms.
Abu Dhabi's stock index fell sharply for its worst day in eight months on Wednesday while Qatar touched its lowest in nearly five months, pressured respectively by First Abu Dhabi Bank (FAB) and Industries Qatar going ex-dividend.
Gold steadied on Wednesday just above a five-week low touched in the last session as the dollar retreated slightly and stocks edged lower, with investors awaiting further signals on the health of the global economy.
ICE cotton futures jumped 2 percent to touch more than one-week high on Tuesday as investors covered their short positions, with progress on the US-China trade talks in focus. The most active cotton contract on ICE Futures US, the May contract, settled up
Crude oil futures sank on Wednesday after US government data showed an unexpectedly sharp build in crude inventories, but a third weekly draw down in gasoline stocks kept losses at bay. A drop in US equity indexes also weakened sentiment in crude prices.
Aluminium and other industrial metals drifted lower on Wednesday as investors awaited more signs on whether demand in top metals consumer China would rebound after the Lunar New Year.
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
An easier trend prevailed on the money market on Wednesday as the rupee depicted weakness against the dollar in process of trading activity, dealers said.
An easier trend prevailed on the money market on Wednesday as the rupee depicted weakness against the dollar in process of trading activity, dealers said.