Forex News
South Korea Inflation Climbs 4.2% On Year In March
Consumer prices in South Korea were up 4.2 percent on year in March, Statistics Korea said on Tuesday.
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700 days ago
Malaysia Stock Market May Extend Monday's Gains
The Malaysia stock market bounced higher again on Monday, one session after snapping the three-day winning streak in which it had jumped almost 30 points or 2 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,435-point plateau and it may add to its winnings on Tuesday.
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700 days ago
Tech Shares May Weigh On South Korea Stocks
The South Korea stock market on Monday snapped the four-day winning streak in which it had advanced almost 65 points or 2.7 percent. The KOSPI now rests just above the 2,470-point plateau and it may tick lower again on Tuesday.
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700 days ago
Australia Rate Decision Due On Tuesday
The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is widely expected to hike its benchmark lending rate by 25 basis points, from 3.60 percent to 3.85 percent.
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700 days ago
TSX Rises For 7th Straight Session, Ends 0.9% Up
The Canadian market ended on a strong note on Monday, lifted by gains in energy and materials shares.
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700 days ago
Dollar Loses Ground Against Major Counterparts On Weak Economic Data
After moving higher in the Asian session, the U.S. dollar turned weak on Monday, weighed down by weak economic data.
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700 days ago
U.S. Stocks Close Broadly Higher; Dow Rises Nearly 1 Percent
U.S. stocks ended higher on Monday with those from the energy sector rallying sharply after a surprise production cut announcement by the OPEC+ lifted crude oil prices.
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700 days ago
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Swiss Market Snaps 5-day Winning Streak, Ends Marginally Down
The Switzerland stock market ended marginally down on Monday, settling lower after five successive days of gains.
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700 days ago
European Stocks Close On Mixed Note
European stocks closed on a mixed note on Monday as some of the markets in the region failed to hold early gains and stayed somewhat sluggish before finishing a bit lower.
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700 days ago
Energy Stocks Lifting Canadian Market
The Canadian market is up firmly in positive territory around noon on Monday, extending gains to a seventh straight session.
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700 days ago
U.S. Construction Spending Unexpectedly Edges Slightly Lower In February
A report released by the Commerce Department on Monday unexpectedly showed a slight decrease in U.S. construction spending in the month of February. The report said construction edged down by 0.1 percent to an annual rate of $1.844 trillion in February after climbing by 0.4 percent to a revised rate of $1.845 trillion in January.
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700 days ago
Ford On Track To Reach Targeted Annual Production Run Rate Of Over 2 Mln EVs By End Of 2026
In its 2023 Integrated Sustainability and Financial Report released on Monday, Ford Motor Co. (F) has revealed details of its progress on its commitment to create a more sustainable, inclusive and equitable transportation future.
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700 days ago
U.S. Manufacturing Index Dips More Than Expected In March
Manufacturing activity in the U.S. contracted at a slightly faster rate in the month of March, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI dipped to 46.3 in March from 47.7 in February, with a reading below 50 indicating a contraction. Economists had expected the index to edge down to 47.5.
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700 days ago
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