Actualités Forex
Rally May Stall For Thai Stock Market
The Thai stock market has moved higher in two straight sessions, gathering almost 30 points or 2 percent along the way. The Stock Exchange of Thailand now rests just above the 1,585-point plateau although it may spin its wheels on Thursday.
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Australian Market Significantly Lower
The Australian stock market is significantly lower on Thursday, giving up the gains in the previous two sessions, with the benchmark S&P/ASX 200 falling below the 7,000 mark, following the broadly negative cues from Wall Street overnight, as traders reacted to the US Fed's decision to continue raising interest rates despite recent turmoil in the banking industry.
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Profit Taking Anticipated For Hong Kong Stock Market
The Hong Kong stock market has moved higher in two straight sessions, accelerating almost 600 points or 3 percent along the way. The Hang Seng Index now sits just beneath the 19,600-point plateau although it may spin its wheels on Thursday.
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Soft Start Anticipated For China Stock Market
The China stock market has climbed higher in back-to-back sessions, gathering more than 30 points or 0.9 percent along the way. The Shanghai Composite Index now sits just above the 3,265-point plateau but it's likely to open under pressure on Thursday.
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Lower Open Called For Taiwan Stock Market
The Taiwan stock market has climbed higher in consecutive trading days, jumping more than 340 points or 2.1 percent along the way. The Taiwan Stock Exchange now rests just above the 15,760-point plateau although it may be due for profit taking on Thursday.
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Singapore Shares May Run Out Of Steam On Thursday
The Singapore stock market has climbed higher in consecutive trading days, accelerating more than 80 points or 2.7 percent along the way. The Straits Times Index now rests just above the 3,220-point plateau although investors may lock in gains on Thursday.
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Malaysia Stock Market May Spin Its Wheels On Thursday
The Malaysia stock market has ticked higher in back-to-back sessions, collecting more than 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,410-point plateau although the rally may stall on Thursday.
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more news
KOSPI May Slide Back Beneath 2,400-Point Level
The South Korea stock market has finished higher in two straight sessions, gathering more than 35 points or 1.4 percent along the way. The KOSPI now rests just above the 2,415-point plateau although it may run out of steam on Thursday.
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Singapore Inflation Data Due On Thursday
Singapore will on Thursday release February figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. Overall inflation is expected to rise 6.5 percent on year, easing from 6.6 percent in January. Core CPI is called higher by an annual 5.80 percent, up from 5.50 percent in the previous month.
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TSX Ends Weak As Stocks Slide In The Final Hour
Despite spending much of the day's session in positive territory, the Canadian market ended notably lower on Wednesday, weighed down by losses in healthcare, energy and technology stocks.
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Dollar Loses Ground Against Major Counterparts After Fed Rate Decision
The U.S. dollar drifted lower on Wednesday as the Federal Reserve raised interest rate by 25 basis points and projected just one more rate hike this year.
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Fed Raises Rates By Another Quarter Point, Hints Tightening Cycle Nearing End
Despite recent turmoil in the banking industry, the Federal Reserve on Wednesday announced that is has decided to continue raising interest rates. The Fed said it has decided to raise the target range for the federal funds rate by another 25 basis points to 4.75 to 4.50 percent.
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Swiss Market Ends Slightly Weak
The Switzerland stock market ended slightly weak on Wednesday despite seeing a good spell in positive territory around mid afternoon.
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