Actualités Forex
U.S. Dollar Rises Against Most Majors
The U.S. dollar strengthened against most major currencies in the European session on Wednesday.
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German GfK Consumer Sentiment To Improve In June
Consumer confidence in Germany is set to improve further in June on rising economic and income expectations amid slowing inflation and rising wages, results of a survey showed Wednesday. The consumer confidence index rose to -20.9 in June from a revised -24.0 in the previous month, the survey published jointly by GfK and the Nuremberg Institute for Market Decisions showed Wednesday.
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European Economic News Preview: German Inflation, Consumer Confidence Data Due
Flash inflation and consumer confidence from Germany and monetary aggregates from the euro area are the top economic news due on Wednesday. At 2.00 am ET, the market research group Gfk is scheduled to issue Germany's consumer confidence survey results. The confidence index is forecast to improve to -22.5 in June from -24.2 in May.
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European Shares To Open Lower On Rate Concerns
European stocks may open on a sluggish note Wednesday as investors fret about the outlook for rates and watch closely the latest developments in the Middle East.
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Sensex, Nifty Open Lower On Rate Worries, Heightened Geopolitical Tensions
Indian shares opened on a sluggish note Wednesday as the dollar and bond yields jumped following relatively weak 2-year and 5-year auctions and after hawkish comments from Minneapolis Fed President Neel Kashkari.
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Asian Markets Mostly Lower
Asian stock markets are mostly lower on Wednesday, following the mixed cues from Wall Street overnight, as skepticism over the outlook for interest rates continue ahead of the release of key inflation readings from the U.S. and Europe later in the week. Asian markets closed mostly lower on Tuesday.
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Sensex, Nifty Set To Drift Lower As Oil And Bond Yields Spike
Indian shares may drift lower on Wednesday as investors react to a big surge in oil prices overnight and a jump in U.S. Treasury yields to multi-week highs.
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Steady Start Anticipated For Thai Stock Market
The Thai stock market turned lower again on Tuesday, one say after ending the four-day losing streak in which it had dropped almost 20 points or 1.4 percent. The Stock Exchange of Thailand now sits just above the 1,360-point plateau and it's expected to see little movement on Wednesday.
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Japanese Market Notably Lower
The Japanese stock market is notably lower on Wednesday after opening in the green, extending the slight losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to stay a tad above the 38,700 level, with weakness in some index heavyweights amid a spike in global bond yields.
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Australia Construction Work Slumps 2.9% In Q1
The value of total construction work done in Australia was down a seasonally adjusted 2.9 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Wednesday - coming in at A$64.032 billion.
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Soft Start Predicted For Indonesia Stock Market
The Indonesia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had stumbled more than 130 points or 1.9 percent. The Jakarta Composite Index now sits just above the 7,250-point plateau although it may head south again on Wednesday.
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Australian Market Significantly Lower
Australian shares are trading significantly lower on Wednesday, extending the losses in the previous six sessions, with the benchmark S&P/ASX 200 falling to stay a tad above the 7,700 level, following the mixed cues from Wall Street overnight, with weakness across most sectors led by mining and financial stocks.
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Hong Kong Shares May Be Stuck In Neutral On Wednesday
The Hong Kong stock market moved lower again on Tuesday, one day after halting the four-day slide in which it had plummeted more than 1,030 points or 5.5 percent. The Hang Seng Index now sits just above the 18,820-point plateau and it's likely to open slightly lower on Wednesday.
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