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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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vor 120 Tagen
European Shares Poised To Open Higher With Focus On ECB
European stocks may open on a firm note Thursday as investors look past high core U.S. inflation number and shift their focus to producer price inflation and weekly jobless claims data due later in the day for hints regarding the size of future rate cuts by the Federal Reserve.
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vor 120 Tagen
Amended: European Economic News Preview: ECB Set To Cut Key Rates
The European Central Bank is widely expected to cut its key interest rates by 25 basis points amid falling inflation and economic indicators signalling a weaker outlook. The governing council of the ECB is slated to announce the outcome of its policy meeting in Frankfurt at 8.15 am ET. ECB staff macroeconomic projections are also due.
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vor 120 Tagen
Sensex, Nifty Modestly Higher In Cautious Trade
Indian shares were up modestly in cautious trade on Thursday as traders reduced bets on larger rate cuts by the Federal Reserve at its upcoming policy meeting next week.
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vor 120 Tagen
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders react to a key US inflation report that showed a bigger than expected increase in core inflation, raising expectations for a quarter-point rate cut at the US Fed's monetary policy meeting next week. Asian Markets closed mostly lower on Wednesday.
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vor 120 Tagen
Japanese Market Sharply Higher
Recouping the losses in the previous two sessions, the Japanese market is sharply higher on Thursday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 36,600 level, with gains across all sectors led by index heavyweights and technology stocks.
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vor 120 Tagen
Sensex, Nifty Set To Follow Global Peers Higher
Indian shares look set to open on a positive note Thursday, buoyed by a tech-driven rally on Wall Street overnight. A firmer dollar and a rebound in oil prices may limit overall gains to some extent.
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vor 120 Tagen
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Thai Stock Market Tipped To End Losing Streak
The Thai stock market has moved lower in back-to-back sessions, stumbling more than 15 points or 1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,415-point plateau although it's tipped to open in the green on Thursday.
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vor 120 Tagen
Indonesia Shares Poised To Bounce Higher Again On Thursday
The Indonesia stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had collected more than 100 points or 1.3 percent. The Jakarta Composite Index now sits just above the 7,760-point plateau although it's expected to open to the upside on Thursday.
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vor 120 Tagen
Australian Market Notably Higher
The Australian market is notably higher on Thursday, recouping the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,000 mark, with gains across most sectors led by mining and technology stocks.
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vor 120 Tagen
Higher Open Predicted For Hong Kong Stock Market
The Hong Kong stock market headed south again on Wednesday, one day after ending the five-day losing streak in which it had stumbled more than 800 points or 4.6 percent. The Hang Seng Index now sits just above the 17,100-point plateau although it's likely to bounce higher again on Thursday.
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vor 120 Tagen
China Shares May See Renewed Support On Thursday
The China stock market turned lower again on Wednesday, one day after ending the two-day slide in which it had given up more than 50 points or 1.9 percent. The Shanghai Composite Index now sits just above the 2,720-point plateau although it's likely to bounce higher again on Thursday.
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vor 120 Tagen
Taiwan Bourse: Support Expected At 21,000 Points
The Taiwan stock market has moved lower in three straight sessions, slumping more than 400 points or 1.9 percent along the way. The Taiwan Stock Exchange now rests just above the 21,030-point plateau although it's likely to stop the bleeding on Thursday,
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vor 120 Tagen
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