Actualités Forex
Sensex, Nifty Edge Lower On Fed Concerns, Metal And IT Stocks Hit Hard
Indian shares opened on a tepid note Friday amid nagging concerns about the U.S. economy and the future pace of Fed rate hikes.
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Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, as the markets remain concerned over the outlook for interest rates amid the prospect of further policy tightening from the US Fed as part of its commitment to reign in stubborn inflation. Recent hawkish comments by some Fed officials are also weighing on the markets.
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Sensex, Nifty Seen Lower On Wall Street Cues
Indian shares are likely to open lower on Friday as uncertainty prevails about where U.S. interest rates are heading.
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Little Movement Seen For Thai Stock Market
The Thai stock market has finished lower in four straight sessions, sinking more than 20 points or 1.2 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,670-point plateau and it's tipped to open under pressure again on Friday.
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Lower Open Anticipated For Indonesia Stock Market
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 picked up more than 70 points or 1.1 percent. The Jakarta Composite Index now rests just beneath the 6,900-point plateau and it's expected to open in the red again on Friday.
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Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Friday, recouping some of the losses in the previous three sessions, with the benchmark Nikkei 225 moving to nearly 27,800 level, despite the broadly negative cues from Wall Street overnight, lifted by upbeat earnings and solid outlooks by some major heavyweight companies.
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China Consumer Prices Rise 0.8% On Month In January
Consumer prices in China were up 0.8 percent on month in January, the National Bureau of Statistics said on Friday.
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Australian Market Notably Lower
The Australian stock market is notably lower on Friday, extending the losses in the previous session, with the benchmark S&P/ASX 200 staying below the 7,500 level, following the broadly negative cues from Wall Street overnight, with losses across most sectors, led by technology and energy stocks as well as coal and gold mining stocks.
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Lower Open Predicted For Hong Kong Stock Market
The Hong Kong stock market has moved higher in two of three trading days since the end of the three-day slide in which it had plummeted more than 840 points or 3.8 percent. The Hang Seng Index now sits just above the 21,620-point plateau although it's expected to open under pressure again on Friday.
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China Stock Market Likely To Remain Rangebound On Friday
The China stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had slipped almost 50 points or 0.8 percent. The Shanghai Composite Index now rests just above the 3,270-point plateau although it's expected to hand back those gains on Friday.
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Taiwan Stock Market May See Continued Consolidation
The Taiwan stock market on Thursday wrote a finish to the two-day winning streak in which it had climbed more than 220 points or 1.5 percent. The Taiwan Stock Exchange now rests just beneath the 15,600-point plateau and it may take further damage on Friday.
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Japan Producer Prices Unchanged On Month In January
Producer prices in Japan were flat on month in January, the Bank of Japan said on Friday.
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Singapore Bourse May Take Further Damage On Friday
The Singapore stock market has finished lower in consecutive trading days, sliding more than 25 points or 0.7 percent along the way. The Straits Times Index now rests just beneath the 3,360-point plateau and it's likely to open in the red again on Friday.
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