Actualités Forex
Singapore Bourse Expected To Remain Rangebound
The Singapore stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day slide in which it had slipped almost 10 points or 0.3 percent. The Straits Times Index now rests just above the 3,270-point plateau and it's expected to bounce higher again on Friday.
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Win Streak May Continue For Malaysia Stock Market
The Malaysia stock market has moved higher in two straight sessions, although it has picked up just over three points or 0.2 percent in that span. The Kuala Lumpur Composite Index now rests just beneath the 1,490-point plateau and it's expected to add to its winnings on Friday.
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Overbought KOSPI Draws Another Green Light
The South Korea stock market has climbed higher in seven straight sessions, accelerating almost 150 points or 6.2 percent along the way. The KOSPI now rests just above the 2,365-point plateau and it's got another strong lead for Friday's trade.
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TSX Extends Gains To 5th Straight Day, Ends Notably Higher
Canadian stocks turned in a fine performance on Thursday as data showing a drop in U.S. consumer prices inflation in the month of December raised expectations the Federal Reserve will slow down the pace of its interest rate hikes in the coming months.
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South Korea Rate Decision On Tap For Friday
The Bank of Korea will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The BoK is expected to hike its benchmark lending rate by 25 basis points, from 3.25 percent to 3.50 percent.
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South Korea Export Prices Sink 6.0% In December
Export prices in South Korea tumbled 6.0 percent on month in December, the Bank of Korea said on Friday - after sinking 5.4 percent in November.
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Dollar Loses Ground Against Major Counterparts After Soft Inflation Data
The U.S. dollar drifted lower against its major rivals on Thursday, weighed down by data showing consumer prices saw a drop in December, raising hopes for a slowdown in interest rate hikes from the Federal Reserve.
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more news
Swiss Market Ends Higher For 2nd Straight Day
After holding gains following a firm start Thursday morning, the Switzerland market very nearly dropped into negative territory in late afternoon trade, but recovered swiftly to eventually end the session on a firm note.
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European Stocks Close Higher As U.S. Inflation Data Helps Ease Rate Concerns
European stocks closed higher on Thursday as soft U.S. inflation data helped outweigh concerns about interest rates. Optimism about economic growth following China reopening contributed as well to markets' positive performance.
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Dollar Subdued As U.S. Inflation Slows
The U.S. dollar was lower against its major counterparts in the New York session on Thursday, after a data showed that the nation's consumer prices decreased modestly in December, bolstering hopes for a slowdown in rate hikes from the Federal Reserve.
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Canadian Market Slightly Higher As Energy Stocks Rally
After a positive start and a subsequent fall into negative territory, the Canadian market is modestly higher in late morning trade on Thursday, thanks largely to strong buying in the energy sector.
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U.S. Jobless Claims Unexpectedly Edge Down To Three-Month Low
First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended January 7th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 205,000, a decrease of 1,000 from the previous week's revised level of 206,000.
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U.S. Annual Consumer Price Growth Slowest Since October 2021
A highly anticipated report released by the Labor Department on Thursday showed a modest decrease in U.S. consumer prices in the month of December. The Labor Department said its consumer price index edged down by 0.1 percent in December after inching up by 0.1 percent in November. Economists had expected consumer prices to come in unchanged.
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