Forex News
Hang Seng Expected To Bounce Higher Again On Thursday
The Hong Kong stock market has alternated between positive and negative finishes through the last eight trading days since the end of the five-day losing streak in which it plummeted almost 1,450 points or 7 percent. The Hang Seng Index now sits just above the 20,670-point plateau although it's tipped to rebound again on Thursday.
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883 days ago
Higher Open Predicted For China Stock Market
The China stock market headed south again on Wednesday, one day after halting the three-day losing streak in which it had slumped almost 55 points or 1.7 percent. The Shanghai Composite Index now sits just above the 3,275-point plateau although it may find renewed support on Thursday.
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883 days ago
Taiwan Stock Market May Challenge Resistance At 15,000 Points
The Taiwan stock market on Wednesday wrote a finish to the two-day slide in which it had stumbled almost 150 points or 1.1 percent. The Taiwan Stock Exchange now rests just above the 14,920-point plateau and it's tipped to open in the green again on Thursday.
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883 days ago
Singapore Stock Market Tipped To Add To Its Winnings
The Singapore stock market has finished higher in back-to-back sessions, gathering almost 25 points or 0.7 percent along the way. The Straits Times Index now rests just above the 3,200-point plateau and it's tipped to open higher again on Thursday.
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883 days ago
Additional Support Expected For Malaysia Stock Market
The Malaysia stock market bounced higher again on Wednesday, one day after snapping the four-day winning streak in which it had jumped almost 40 points or 2.8 percent. The Kuala Lumpur Composite Index now rests just above the 1,470-point plateau and it may extend its gains on Thursday.
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883 days ago
KOSPI Predicted To Extend Winning Streak On Thursday
The South Korea stock market has finished higher in three straight sessions, gathering more than 20 points or 0.9 percent along the way. The KOSPI now rests just above the 2,415-point plateau and it's expected to add to its winnings again on Thursday.
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883 days ago
Australia Retail Sales Data Due On Thursday
Australia will on Thursday release June figures for retail sales and Q2 data for import and export prices, highlighting a light day for Asia-Pacific economic activity.
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883 days ago
more news
Canadian Stocks Rally On Positive Global Cues; TSX Rises 1.5%
The Canadian market ended on a firm note on Wednesday, tracking U.S. stocks, after Fed Chair Jerome Powell said he does not think the U.S. is currently in a recession and added that the central bank will likely slow rate increases at some point.
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883 days ago
Federal Reserve Raises Interest Rates By Another Three-Quarters Of A Point
In a widely anticipated move, the Federal Reserve on Wednesday announced its decision to raise interest rates by 75 basis points. The Fed said it decided to raise the target range for the federal funds rate to 2.25 to 2.50 percent in an effort to achieve its dual goals of maximum employment and inflation at a rate of 2 percent over the longer run.
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883 days ago
Swiss Market Ends Lower Again
The Switzerland stock market ended on a weak note on Wednesday, extending losses from the previous session, despite spending nearly a couple of hours in positive territory early on in the session.
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883 days ago
European Stocks Close Higher Ahead Of Fed Rate Decision
European stocks closed higher on Wednesday, lifted by some fairly encouraging earnings updates from top U.S. and European companies, and positive lead from Wall Street.
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883 days ago
Canadian Market Climbing Higher As Technology, Energy Stocks Rally
The Canadian market is up firmly in positive territory a little past noon on Wednesday, led by gains in energy, industrials and technology stocks.
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883 days ago
U.S. Pending Home Sales Pull Back Much More Than Expected In June
Pending home sales in the U.S. pulled back sharply in the month of June, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales index plunged by 8.6 percent to 91.0 in June after rising by 0.4 percent to a revised 99.6 in May.
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883 days ago
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