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Asian shares drifted lower on Tuesday, with momentum from prior gains fading as investors were left short of cues with the U.S. markets closed on Monday, while the euro continued to probe one-year lows in the uncertainty over the European Central Bank's policy decision later this week.
French President Francois Hollande, right, shakes hand with President of the European Central Bank, Mario Draghi, after a meeting at the Elysee Palace, in Paris, Monday, Sept.
President Barack Obama renewed his push for Congress to raise the minimum wage Monday in a buoyant accounting of the economy's "revving" performance, delivered on behalf of Democrats opening their fall campaigns for the midterm congressional elections.
The Australian bond market is weaker after new data indicated it is unlikely the economy contracted in the June quarter.
U.S. investors are back in the hunt for inflation protection for the first time in two years as rising housing costs - particularly for rent - suggest inflation may finally be waking from its post-recession slumber.
European shares drifted lower Monday as tensions over Ukraine simmered while Asian stock markets mostly rose on expectations of stimulus in China after manufacturing growth slowed in August.
Stocks are likely to trade in a range-bound fashion Monday, following two straight days of modest Nikkei declines, traders said.
Figures released in the US on Friday showed a 0.1 per cent decline in consumer spending in July, which was weaker than expected, but that was offset by a stronger than expected expansion in the manufacturing sector in August, according to the MNI Chicago Business Barometer.
Incidents in which a confrontation with a bail jumper ends in violence are an extreme rarity, area bail bondsmen say.
Stock markets could be in for some tough sledding in the near term as investors contemplate trading in a month that sports a nasty reputation.
Expectations of stable GDP growth figures coupled with an overall expectation of further reform and quick notifications for the hike in foreign capital limits in defense and railways led to positive investor sentiments in the Indian equities market which made gains in the week ended Aug 28. "Overall the markets have remained positive to the ... (more)
At the beginning of the year Wall Street was certain that interest rates were on their way up.
So with stocks near record highs, should investors be worried about a big September swoon once the Hampton Jitney returns to Wall Street after Labor Day? 1. September has a bad reputation.
Beaten-down U.S. coal company stocks may receive a lift in coming weeks if deteriorating relations between Russia and the West push President Vladimir Putin to shut off Europe's natural gas supply.
Is it time to cash out of stocks? The market has nearly tripled in a little over five years, and the Standard & Poor's 500 index closed above 2,000 for the first time on Tuesday.
Mixed reports on the U.S. economy and better-than-expected company earnings nudged U.S. stocks higher on Friday.
Updated: Tue Sep 02, 2014 02:46 am
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