Forex News
Malaysia Stock Market Poised To End Losing Streak
The Malaysia stock market has finished lower in three straight sessions, slumping more than 15 points or 1 percent in that span. The Kuala Lumpur Composite Index now rests just beneath the 1,615-point plateau although it figures to stop the bleeding on Monday.
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91 days ago
Continued Support Called For South Korea Shares
The South Korea stock market on Friday ended the two-day slide in which it had tumbled almost 65 points or 2.3 percent. The KOSPI now sits just above the 2,720-point plateau and it may extend its gains on Monday.
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91 days ago
Thai Industrial Production Scheduled For Monday
Thailand is on Monday scheduled to release June figures for industrial production, highlighting a light day for Asia-Pacific economic activity.
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91 days ago
TSX Snaps 3-day Losing Streak, Ends Notably Higher
After three successive days of losses, the Canadian market ended on a firm note on Friday thanks to sustained buying in several stocks from across various sectors, amid hopes the Federal Reserve will cut interest rate in September.
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93 days ago
Dollar Edges Lower After PCE Data
The U.S. dollar edged lower on Friday amid rising prospects of an interest rate cut by the Federal Reserve in September after the latest readings on the nation's inflation.
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93 days ago
Swiss Market Ends Notably Higher
The Switzerland market started off on a weak note Friday morning, but recovered swiftly and then kept moving higher and higher as the day progressed to eventually close on a strong note.
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93 days ago
European Stocks Close On Firm Note As Investors Digest Earnings, Economic Data
European stocks closed on a firm note on Friday, with many of the markets recovering after having dropped to multi-month lows in recent sessions. Fairly encouraging economic data from the U.S., and some good earnings updates from European companies helped underpin sentiment in the markets.
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93 days ago
more news
Canadian Dollar Drops As Oil Prices Dip
The Canadian dollar weakened against its major counterparts in the New York session on Friday, as oil edged lower on China demand concerns.
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93 days ago
Canadian Market Up Firmly In Positive Territory
Canadian stocks are up in positive territory around noon on Friday, tracking firm U.S. stocks after a closely watched inflation data from the Commerce Department has added to confidence about an interest rate cut by the Federal Reserve in September.
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93 days ago
U.S. Consumer Sentiment Index Dips Slightly Less Than Previously Estimated In July
The University of Michigan released revised data on Friday showing consumer sentiment in the U.S. deteriorated by slightly less than previously estimated in the month of July. The report said the consumer sentiment index for July was upwardly revised to 66.4 from the preliminary reading of 66.0. Economists had expected the reading to be unrevised.
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93 days ago
U.S. Dollar Advances After PCE Inflation Data
The U.S. dollar climbed against its major counterparts in the New York session on Friday, after a data showed that the personal consumption expenditures price index crept up in line with economist estimates in the month of June.
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93 days ago
U.S. Consumer Prices Inch Up 0.1% In June, In Line With Estimates
Consumer prices in the U.S. crept up in line with economist estimates in the month of June, according to a highly anticipated report released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index inched up by 0.1 percent in June after coming in unchanged in May. The uptick by the index matched expectations.
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93 days ago
Franklin Resources Q3 Results Top Estimates
Franklin Resources, Inc. (BEN) announced Friday that net income for the third quarter declined to $174.0 million or $0.32 per share from $227.5 million or $0.44 per share in the prior-year quarter.
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94 days ago
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