European Markets Slide as Tech Sector Struggles Despite US
European stocks fell 0.2% amid tech sector losses, despite US rate cuts. Concerns over demand for cloud services persist.
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European stocks fell 0.2% amid tech sector losses, despite US rate cuts. Concerns over demand for cloud services persist.
South Korea's KOSPI rose 0.4% to 4,150 points, boosted by Fed rate cuts and foreign investments, despite some losses in chip stocks.
The South Korean won rose to 1,466 per dollar, aided by trade agreements, strong exports, and U.S. rate cuts.
The yen rose to 155.5 per dollar amid dollar weakness and BoJ rate hike speculation, despite economic challenges in Japan.
The Australian dollar stabilizes at $0.667, supported by weak labor data and a declining US dollar after the Fed's rate cut.
The dollar index dropped to 98.5, its lowest in seven weeks, after the Fed's dovish stance and rate cut, signaling potential future cuts.
Australian stocks rose 0.7%, supported by gold and mining, reaching a two-week high amid a decline in employment.
Japanese stocks stabilized with mixed performance in the technology sector following the U.S. interest rate cut and a decline in Oracle shares.
UK house price balance improved to -16% in Nov 2025, despite London’s decline to -44%. Optimism grows in most regions.
FTSE 100 rose 0.1%, ending a three-day decline, led by HSBC and BAT gains. Berkeley Group remains optimistic despite revenue drop.
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