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Markets Cautious Ahead of Central Bank Meetings; Retail Drops While Energy Rises

  • European markets were mixed ahead of the Federal Reserve's policy meeting this week, with investors looking for clues on interest rates. Retail stocks fell while autos and oil/gas rose.

  • Many other central banks like Brazil, Japan, and the UK are also announcing policy decisions this week following the Fed's announcement. Traders are watching for rate changes.

  • Swedish packaging company Billerud and travel firm TUI saw shares rise 5-7% on positive news, while German manufacturer Kion and retailer Kingfisher fell 3-5%.

  • British food delivery company Ocado reported increased third quarter revenue and reaffirmed its 2022 outlook, sending shares up 3%.

  • U.S. oil prices hit 10-month highs above $92 a barrel as expectations of tight supply continue, with Brent crude nearing $95.

cnbc.com
Relevant topic timeline:
Asian stocks were mixed as traders awaited the Federal Reserve's summer conference for indications on inflation control and interest rate hikes, with investors warned of potential surprises.
The markets were mixed today, with the Dow dropping while the Nasdaq rose slightly, and major indices are down over the past five trading sessions; however, year-to-date, the markets are still up and have retreated to valuations not seen since early July.
European stock markets were higher, with health-care stocks leading gains, while autos stocks declined following grim PMI figures for Germany; investors are also focusing on earnings and central bank comments in the U.S.
Summary: U.S. markets closed mixed on Tuesday as the Nasdaq saw slight gains thanks to tech stocks while financials dragged on other indexes after major U.S. banks were hit with another downgrade from a credit rating agency. Meanwhile, China took steps to stabilize its currency amid weakening economic conditions and deteriorating credit conditions.
European shares traded higher as traders considered the possibility of higher interest rates from the U.S. Federal Reserve and awaited upcoming economic data, while U.S. stocks opened higher and Asian stocks rallied due to a stock market policy change in China.
European stock markets open higher as weak US jobs data raises expectations that the Federal Reserve will halt interest rate hikes.
Summary: The US markets ended mixed after the release of the latest jobs report data, with the economy adding 187,000 jobs in August but seeing an increase in unemployment, while in Asia, Japan's Nikkei 225 closed higher, Australia's S&P/ASX 200 was down, and China's Shanghai Composite and Shenzhen CSI 300 declined. Additionally, European markets saw declines, and commodities such as crude oil, natural gas, gold, silver, and copper experienced varying price movements.
Asia-Pacific markets were mixed on Thursday as Saudi Arabia and Russia extended voluntary oil production cuts, leading to a rise in oil prices, while Chinese property stocks surged.
European markets are set to open lower as investors await data releases and focus on economic data and interest rates, while global market sentiment has worsened; Asian markets were mostly lower and US stock futures were unchanged amid concerns over the Federal Reserve's interest rate policy; the British pound is lower after Bank of England Governor Andrew Bailey's comments on nearing peak rates; Goldman Sachs reveals its preferred sector in China and names two conviction list stocks; Boston Federal Reserve President Susan Collins says the central bank can proceed cautiously on future rate hikes; Morgan Stanley names a European bank as a top pick with 35% upside.
US stocks traded mixed on Thursday as fresh data indicated a tight labor market, with weekly jobless claims unexpectedly falling and second-quarter unit labor costs being revised up, potentially increasing pressure on the Federal Reserve to keep rates higher for longer.
European markets opened higher on Friday, looking to rebound after seven consecutive sessions of losses, as investors assess weak Chinese data, higher government bond yields, and renewed inflationary concerns in the U.S. despite German inflation easing to 6.4% in August.
European markets are anticipated to open in mixed territory on Monday as investors await key economic data releases globally, including U.S. inflation data and the European Central Bank's rate decision, while Chinese stock markets have struggled to perform this year.
European stock markets traded mixed as investors analyzed UK jobs and Spanish inflation data ahead of the upcoming European Central Bank meeting, while oil prices rose amid anticipation of the monthly OPEC report and Chinese demand forecasts.
Euro zone government bond yields were mixed while money markets increased their bets on another rate hike by the European Central Bank, with investors split on whether the ECB will raise interest rates and money markets pricing in a higher chance of an ECB move by year-end.
Asia-Pacific equity markets finished mixed, with China's Shanghai Composite and Hong Kong's Hang Seng declining, while India's SENSEX gained; European markets are mixed in midday trading while US equity futures point to a lower market open following disappointing guidance from Oracle and ahead of tomorrow's August CPI report and Thursday's interest rate decision by the European Central Bank.
Wall Street stocks traded mixed as investors awaited Wednesday's key inflation data, with the Nasdaq Composite retreating amid a tumble in Oracle shares, while the Dow Jones Industrial Average turned higher and tech stocks took center stage with Apple's iPhone 15 launch and anticipation for the blockbuster Arm IPO.
Stocks finished mixed on Wednesday as investors awaited consumer inflation data that could impact the Federal Reserve's future policy decisions. The Dow Jones fell 0.2%, the S&P 500 increased 0.1%, and the Nasdaq Composite climbed 0.3% after a previous decline. The Consumer Price Index showed a higher-than-expected increase in inflation, driven by rising energy prices, which could influence the Fed's decision on interest rates. The market also had its eyes on the Arm IPO and developments involving Apple and China. Meanwhile, the EU launched an investigation into China's subsidies for EV makers.
Stocks on Wall Street ended mixed after an inflation report showed a slight increase, but economists believe underlying inflation trends still point towards continued moderation and the Federal Reserve is expected to keep interest rates steady at its upcoming meeting, while airlines struggled due to higher fuel costs and technology stocks benefited from the possibility of no further interest rate hikes.
European markets were stagnant as investors awaited a decision from the European Central Bank on whether to raise interest rates for the tenth consecutive meeting, while carmaker shares dropped following an investigation into electric vehicle subsidies by the European Commission and concerns over Chinese retaliation. Additionally, the oil market is keeping a close eye on the possibility of crude prices reaching $100 a barrel as Saudi Arabia and Russia plan to extend production cuts until the end of 2023.
The FTSE 100 and European markets were mixed as UK manufacturing sector data raised concerns and central bank meetings loomed, while UK rents hit a record high with a 12% increase in August.
Mixed signals on inflation from various countries and uncertain oil prices create ambiguity ahead of the Federal Reserve's policy decision, causing a holding pattern in global markets.
European markets rise as global investors await the U.S. Federal Reserve's monetary policy decision; retail stocks lead gains while oil and gas dip slightly, and U.K. inflation falls below expectations in August.
U.S. stock markets closed lower amid risk-off sentiment as the Federal Reserve began its two-day monetary policy meeting, while Asian markets, including Japan's Nikkei 225 and Australia's S&P/ASX 200, experienced declines; however, European markets, including Germany's DAX and the U.K.'s FTSE 100, traded higher.
European markets are poised to open lower due to upcoming interest rate decisions from several central banks, while global markets react to the U.S. Federal Reserve's announcement to hold interest rates steady and raise economic growth expectations.
European markets were slightly lower as concerns over higher interest rates emerged from recent central bank decisions, with the pan-European Stoxx 600 index down 0.1%, while construction and material stocks dropped 0.9% and mining stocks added 0.9%.
Asia-Pacific markets are mixed as investors await inflation data from Singapore, Australia, and Japan, with Japan's inflation data for the Tokyo region seen as a leading indicator of nationwide trends.
Asia-Pacific equity markets closed mixed, with Japan's Nikkei and Taiwan's TAIEX rising, while South Korea's KOSPI and China's Shanghai Composite fell; European markets are lower across the board in midday trading, and U.S. equity futures point to a flat to lower open.
Stock indices are mixed in today's trading session, with the Texas Manufacturing Outlook Survey reporting a decline in factory activity and U.S. stock futures trending higher due to concerns over high interest rates, rising bond yields, increasing oil prices, and possible government shutdown, while European indices have turned red and Asia-Pacific markets end mixed.
European markets are set for a mixed open as investors weigh inflation, interest rates, and global economic health, while Asian markets and US stock futures experienced mixed results.
European shares were mixed as the dollar continued to rally amid expectations of higher US interest rates and a property crisis in China.
Stock markets were mixed on Wednesday, with the S&P 500 and Nasdaq Composite making modest gains while the Dow Jones Industrial Average finished lower; small-cap stocks performed well, with Hayward Holdings and GEO Group seeing strong performances.
European markets are expected to open higher after a period of negative momentum, as investors assess inflation, interest rates, and global economic health, while also keeping an eye on preliminary inflation readings from Germany and Spain for September.
Stock markets end mixed as investors oscillate between bargain hunting and concerns over increased Treasury yields and interest rate uncertainties, with Asia markets seeing declines driven by worries about U.S. monetary tightening and selling off stocks, while European stocks decline for the sixth day and investors await Germany's inflation data.
European markets are set to open higher on Monday following a slowdown in euro zone inflation, while Asia-Pacific stocks traded mixed and U.S. stock futures jumped after a temporary agreement was reached to avoid a government shutdown. Veteran EM investor Mark Mobius recommends two tech giants for portfolios investing in developing economies, and Goldman Sachs names six global stocks to play the energy transition.
Stock markets ended mixed as investors processed the effects of the U.S. inflation report on the Federal Reserve's interest rate policy, with the S&P 500 declining by 0.27% and the Nasdaq Composite gaining 0.14%; in Asian markets, Japan's Nikkei 225 settled lower by 0.31% while Australia's S&P/ASX 200 slid 0.22%; in Europe, the STOXX 600 index was down 0.42% with Germany's DAX declining 0.25%, France's CAC 40 sliding 0.36%, and the U.K.'s FTSE 100 trading lower by 0.45%; and in commodities, Crude Oil WTI and Brent gained 0.82% and 0.89% respectively, while Gold traded lower by 0.88%.
The dollar weakened and global equities dipped as investors grappled with U.S. unemployment data suggesting a tight labor market and the Federal Reserve's commitment to higher interest rates, while European stocks rebounded from losses.
U.S. stock markets closed higher on Friday due to strong job creation, leading to discussions about a potential Federal Reserve interest rate hike; Asian markets, including Japan, Australia, and China experienced mixed results; European markets were mostly positive; commodities such as crude oil and gold saw an increase in prices; and U.S. futures and forex showed a decline and mixed results respectively.
Financial markets trade mixed as investors monitor the Israel-Hamas conflict and pay attention to speeches from central bankers, while the US Dollar posts small recovery gains and US stock index futures remain unchanged; meanwhile, the heat map shows percentage changes of major currencies against each other and Wall Street's main indexes closed in positive territory despite escalating geopolitical tensions.
U.S. stocks were mixed midsession Friday as consumer-sentiment survey showed a jump in inflation expectations and rising crude-oil prices and geopolitical tensions weighed on the Nasdaq, while the Dow Jones Industrial Average rose.
The US stock market experienced mixed results as strong earnings from major banks were offset by weak consumer sentiment and surging crude oil prices.
U.S. stock markets closed mixed as declining consumer confidence and Middle East tensions overshadowed positive earnings from major banks, while Asian markets saw losses ahead of crucial inflation data, and European markets were mostly down.
Stock markets in the US closed mixed on Tuesday, with positive economic data and strong Q3 earnings suggesting a continued tight monetary policy by the Federal Reserve, while Asian markets saw a mix of gains and declines, with Japan's Nikkei 225 and Australia's S&P/ASX 200 closing higher, and China's Shanghai Composite and Shenzhen CSI 300 declining; European markets also saw declines, and commodities such as crude oil, gold, and silver saw gains.