Global stocks mostly up on Thursday    Egypt to swap capital gains for stamp duty to boost stock market investment    Petroleum minister, AngloGold Ashanti discuss expanded investments in Egypt    Egypt, Volkswagen discuss multi-stage plan to localise car manufacturing    Egypt denies coordination with Israel over Rafah crossing    Egypt tackles waste sector funding gaps, local governance reforms    Egypt, Switzerland explore expanded health cooperation, joint pharmaceutical ventures    IMF mission begins fifth, sixth reviews of Egypt's economic programme – PM    EGX closes in green area on 3 Dec    Egypt recovers two ancient artefacts from Belgium    Egypt's Abdelatty urges deployment of international stabilisation force in Gaza during Berlin talks    Egypt opens COP24 Mediterranean, urges faster transition to sustainable blue economy    Private Egyptian firm Tornex target drones and logistics UAVs at EDEX 2025    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch    Australia returns 17 rare ancient Egyptian artefacts    China invites Egypt to join African duty-free export scheme    Egypt calls for stronger Africa-Europe partnership at Luanda summit    Egypt begins 2nd round of parliamentary elections with 34.6m eligible voters    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt scraps parliamentary election results in 19 districts over violations    Egypt extends Ramses II Tokyo Exhibition as it draws 350k visitors to date    Egypt signs host agreement for Barcelona Convention COP24 in December    Al-Sisi urges probe into election events, says vote could be cancelled if necessary    Filmmakers, experts to discuss teen mental health at Cairo festival panel    Cairo International Film Festival to premiere 'Malaga Alley,' honour Khaled El Nabawy    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egypt adds trachoma elimination to health success track record: WHO    Egypt launches Red Sea Open to boost tourism, international profile    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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Global stocks slip on Monday
Aya Anwar Published in Amwal Al Ghad on 01 - 12 - 2025

Global markets slipped on Monday as risk aversion gripped investors, even amid ongoing optimism over US rate cuts. Japan's Nikkei fell about 2 per cent after the yen strengthened to 155.55 per dollar, following comments from Bank of Japan Governor Kazuo Ueda suggesting a possible rate hike.
Japanese government bond yields rose to their highest since 2008, with the two-year yield at 1.02 per cent and the 10-year at 1.87 per cent.
US futures also declined, with S&P 500 down 0.7 per cent and Nasdaq 0.8 per cent, while European futures slipped 0.3 per cent. Cryptocurrencies fell more than 5 per cent, reflecting a broad cooling in risk appetite. Hong Kong's Hang Seng bucked the trend, rising 0.7% amid hopes for renewed stimulus after weak China PMIs.
Investors are focusing on US economic data on manufacturing, services, and consumer sentiment, as well as remarks from Federal Reserve Chair Jerome Powell ahead of next week's policy meeting, with traders pricing in an 87 per cent chance of a rate cut. Holiday retail data showed record online spending of $11.8 billion on Black Friday, up 9.1 per cent from 2024.
Attribution: Reuters

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