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Singapore Shares Likely To Reverse Wednesday's Losses
The Singapore stock market on Wednesday ended the four-day winning streak in which it had advanced almost 50 points or 1.5 percent. The Straits Times Index now rests just beneath the 3,290-point plateau although it figures to see renewed support on Thursday.
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vor 186 Tagen
Japan GDP Slumps 0.5% In Q1
Japan's gross domestic product contracted a seasonally adjusted 0.5 percent on quarter in the first quarter of 2024, the Cabinet Office said on Thursday.
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vor 186 Tagen
Malaysia Shares Expected To Find Renewed Support
The Malaysia stock market on Wednesday snapped the two-day winning streak in which it had picked up more than 5 points or 0.3 percent. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it's likely to rebound on Thursday.
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vor 186 Tagen
Higher Open Anticipated For South Korea Stock Market
Ahead of Wednesday's holiday for Buddha's birthday, the South Korea stock market had alternated between positive and negative finishes since the end of the two-day winning streak in which it had jumped almost 70 points or 2.6 percent. The KOSPI now sits just above the 2,730-point plateau and it's tipped to open in the green again on Thursday.
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vor 186 Tagen
TSX Snaps 3-day Losing Streak, Ends Modestly Higher
After posting losses in the previous three sessions, the Canadian market turned a bit positive on Wednesday and ended the day's session modestly higher, led by gains in utilities and technology sectors.
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vor 186 Tagen
Japan GDP Fata Due On Thursday
Japan will on Thursday release preliminary Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
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vor 186 Tagen
Dollar Extends Losses After Soft Inflation Data
The U.S. dollar drifted lower on Wednesday, extending recent losses, as soft inflation data eased concerns about the outlook for interest rates.
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vor 186 Tagen
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Canadian Market Holds Early Gains, Looks Headed For Firm Close
After a positive start and a subsequent retreat, the Canadian market is up again on Wednesday, with st0cks from utilities, real estate and technology sectors gaining ground on strong buying support.
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vor 186 Tagen
Swiss Market Ends On Strong Note
The Switzerland market ended on a strong note on Wednesday as stocks kept edging higher and higher after opening marginally up. Data showing a smaller than expected increase in U.S. consumer prices in the month of April helped ease concerns about interest rates, and rendered the mood positive.
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vor 186 Tagen
European Stocks Close Higher On Encouraging European, US Economic Data
European stocks closed broadly higher on Wednesday after data showing less than expected rise in U.S. consumer prices in the month of April helped ease concerns about the outlook for interest rates.
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vor 186 Tagen
Soft Inflation Data, Retail Sales Pull Down U.S. Dollar
The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, as consumer inflation data and retail sales came in lower than expected in April, strengthening expectations that the Federal Reserve will reduce interest rate in September.
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vor 186 Tagen
U.S. Business Inventories Edge Down In Line With Estimates In March
The Commerce Department released a report on Wednesday showing a modest decrease in business inventories in the U.S. in the month of March. The report said business inventories edged by 0.1 percent in March after climbing by 0.3 percent in February. The dip matched economist estimates.
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vor 186 Tagen
U.S. Homebuilder Confidence Unexpectedly Slumps In May
With higher mortgage rates weighing on sentiment, the National Association of Home Builders released a report on Wednesday showing an unexpected deterioration in U.S. homebuilder confidence in the month of May. The report said the NAHB/Wells Fargo Housing Market Index tumbled to 45 in May from 51 in April. Economists had expected the index to come in unchanged.
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vor 186 Tagen
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