Stocks

Bloomberg The rupee hit the year’s lowest level and stocks fell the most in nearly eleven months on concerns that foreign funds may continue to head for the exits amid the slump in economic growth. Sovereign bonds rose as the weak data bolstered bets for deeper interest-rate cuts. The rupee slid as much as 1.4 percent, with the stronger dollar …

Bloomberg European stocks climbed, US futures pared earlier declines and Asian shares were mixed after the latest China-tariff hikes kicked in. The dollar rose alongside gold. The Stoxx Europe 600 advanced for a third straight session, led by telecom and utilities shares. Equities in Japan, Hong Kong and Australia declined in thin volumes a day after President Donald Trump’s duties …

Bloomberg In a classic illustration of the seemingly perverse relationship between UK news and its stock market, several British large-caps notched record highs on Monday as the equity benchmark outshone all of Europe. The FTSE 100 jumped as much as 1.4 percent, the most since July and more than double the gain of the Stoxx Europe 600, with companies including …

Bloomberg The trade war just ratcheted up another notch and the outlook for Chinese manufacturing deteriorated further, signalling the caution that characterised a tumultuous August for global markets may have further to run. The ground is laid for a volatile start to September, exacerbated by the US Labor Day holiday on Monday crimping trading volume with Treasuries and equity markets …

Bloomberg The benchmark Philippine Stock Exchange Index may rise to 8,450 by the end of 2019 with corporate earnings expected to grow faster this year and as government ramps up spending in the second half, according to Philequity Management Inc. The stock gauge will further climb to 9,125 in 2020 when earnings are estimated to increase 11 percent, according to …

Bloomberg US index futures edged higher, stocks in Europe slipped and shares in Asia were mixed on Wednesday as investors awaited new developments in the increasingly unpredictable Sino-American trade war. Treasuries and the dollar were steady. Contracts on all three major US stock indexes gained, while technology companies and insurers led a decline on the Stoxx Europe 600 index. Benchmarks …

Bloomberg Domestic UK stocks declined on growing anticipation of a no-deal Brexit after the British government sought to suspend parliament, while a weaker pound boosted the exporter-heavy FTSE 100 Index. The FTSE 100, which has moved inversely to the currency in recent years, climbed 0.3 percent in London, while the more UK focussed FTSE 250 Index lost 0.7 percent. Sterling …

Bloomberg US stocks pared an advance as falling financial shares countered gains spurred by trade optimism. Treasuries rose and the dollar fell. The S&P 500 clung to a second day of gains after President Donald Trump struck a softer tone towards China at the Group of Seven summit. Declines by major banks weighed on the benchmark as the 10-year Treasury …

Bloomberg Foreign investors may be lured back to Indian equities after the government scrapped a tax on overseas funds while rolling out measures to boost economic growth. Singapore-based Taurus Wealth Advisors Pte, for one, is adding exposure to Indian equities and funds on a tactical basis, according to Rainer Michael Preiss, a strategist at the company, citing government measures. “After …

Bloomberg US equity-index futures turned higher along with shares in Europe after a down session in Asia on Monday as investors assessed the latest developments in the Sino-American trade war. The dollar strengthened. Contracts on all three main US equity indexes rose after President Donald Trump said that prospects for a deal with China were better now than at any …