Forex News
Taiwan Stock Market Expected To Halt Losing Streak
The Taiwan stock market has ticked lower in back-to-back sessions, sinking more than 70 points or 0.5 percent along the way. The Taiwan Stock Exchange new sits just above the 14,730-point plateau although it's likely to stop the bleeding on Friday.
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756 days ago
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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756 days ago
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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756 days ago
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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756 days ago
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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756 days ago
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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756 days ago
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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756 days ago
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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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756 days ago
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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756 days ago
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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756 days ago
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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756 days ago
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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756 days ago
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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756 days ago
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