Shares wobble as Wall St futures slip, dollar stays firm

Summary

Global share markets started in haphazard fashion on Monday as soft U.S. data suggested downside risks for this week's June payrolls report, while the hubbub over possible recession was still driving a relief rally in government bonds.

2 months ago·New York, United States

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Times of India

Asian shares cautious as Wall Street futures slip

"However, we expect consensus profit margin forecasts to fall which will lead to downward EPS revisions whether or not the economy falls into recession." Earnings season starts of July 15 and expectations are being marked lower given high costs and softening data.

2 months ago·Mumbai, India

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Reuters

Stocks up in holiday mood on resilient oil

World stocks rose on Monday in trade thinned by a U.S. holiday, benefiting from a recovery in oil prices as concerns about tight supply helped to balance recession fears.

2 months ago·United Kingdom

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IBTimes

Asia Shares Cautious As Wall St Futures Slip

Asian share markets started cautiously on Monday as a run of soft U.S. data suggested downside risks for this week's June payrolls report, while the hubbub over possible recession was still driving a relief rally in government bonds. The search for safety kept the U.S. dollar near 20-year highs, though early action was light with U.S. markets on holiday. Cash Treasuries were shut but futures extended their gains, implying 10-year yields were hol…

2 months ago·United States

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Channel News Asia

Asia shares cautious as Wall St futures slip

SYDNEY : Asian share markets started cautiously on Monday as a run of soft U.S. data suggested downside risks for this week's June payrolls report, while the hubbub over possible recession was still driving a relief rally in government bonds.The search for safety kept the U.S. dollar near 20-year highs, t

2 months ago·Singapore

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Financial Post

Shares wobble as Wall St futures slip, dollar stays firm

SYDNEY -- Global share markets started in haphazard fashion on Monday as soft U.S. data suggested downside risks for this week's June payrolls report, while the hubbub over possible recession was still driving a relief rally in government bonds. Read More

2 months ago·Canada

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