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Malaysia Stock Market May Head South Again On Thursday
The Malaysia stock market on Wednesday ended the two-day slide in which it had stumbled almost 7 points or 0.5 percent. The Kuala Lumpur Composite Index now rests just above the 1,480-point plateau although it's expected to open under pressure again on Thursday.
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vor 866 Tagen
KOSPI: Resistance Expected At 2.400 Points
The South Korea stock market on Wednesday snapped the two-day slide in which it had fallen more than 15 points or 0.7 percent. The KOSPI now rests just beneath the 2,400-point plateau although it's likely to head south again on Thursday.
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vor 866 Tagen
TSX Ends Moderately Lower After Fed Raises Interest Rate And Signals More Hikes
The Canadian market ended on a weak note on Wednesday with investors digesting the Federal Reserve's interest rate decision and the accompanying statement.
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vor 866 Tagen
Australia Unemployment Data Due On Thursday
Australia will on Thursday release November numbers for unemployment, highlighting a busy day for Asia-Pacific economic activity. The jobless rate is expected to hold steady at 3.4 percent, with the addition of 19,000 jobs following an increase of 32,200 jobs in October.
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vor 866 Tagen
Dollar Drifts Lower Against Major Rivals After Fed Policy Announcement
The U.S. dollar shed ground against some of its major counterparts on Wednesday after the Federal Reserve raised interest rates by 50 basis points and signaled more hikes.
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vor 866 Tagen
New Zealand GDP Gains 6.4% On Year In Q3
New Zealand's gross domestic product expanded 6.4 percent on year in the third quarter of 2022, Statistics New Zealand said on Thursday.
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vor 866 Tagen
South Korea Export Prices Rise 8.6% On Year In November
Export prices in South Korea were up 8.6 percent on year in November, the Bank of Korea said on Thursday - slowing from 13.5 percent in October.
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vor 866 Tagen
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Fed Slows Pace Of Interest Rate Hikes But Forecasts Higher Terminal Rate
After raising interest rates by three-quarters of a percentage point at four consecutive meetings, the Federal Reserve on Wednesday slowed the pace of rate increases but still signaled further rate hikes. In a widely expected move, the Fed announced its decision to raise interest rates by 50 basis points, or half a percentage point, to a target range of 4.25 to 4.50 percent.
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vor 867 Tagen
Swiss Market Recovers In The Final Hour, Ends Modestly Higher
The Switzerland market ended modestly higher on Wednesday, with stocks gaining in strength in late afternoon trade after languishing in negative territory till then.
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vor 867 Tagen
European Stocks Close Lower After Cautious Session
European stocks closed lower on Wednesday as investors largely refrained from making significant moves ahead of the Federal Reserve's monetary policy announcement.
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vor 867 Tagen
Is ECB Ready For A Dovish Shift?
The European Central Bank is widely expected to slow the pace of its interest rate hikes to 50 basis points on Thursday, taking cue from its peers as inflation have come off slightly in several countries on the back of a modest easing in energy prices. However, recent economic data and surveys as well as the rhetoric from ECB policymakers apparently suggest otherwise as they point to above-target
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vor 867 Tagen
Canadian Market Up Slightly In Cautious Trade
The Canadian market is modestly higher, recovering from some early weakness, amid cautious moves by investors ahead of the Federal Reserve's monetary policy announcement, due later in the day.
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vor 867 Tagen
U.S. Import Prices Decrease For Fifth Straight Month In November
Import prices in the U.S. declined for the fifth consecutive month in November, according to a report released by the Labor Department on Wednesday. The Labor Department said import prices slid by 0.6 percent in November after falling by a revised 0.4 percent in October.
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vor 867 Tagen
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