Forex News
Singapore Bourse Tipped To Reclaim 3,600-Point Level
The Singapore stock market bounced higher again on Wednesday, one day after ending the two-day winning streak in which it had picked up more than 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,595-point plateau and it may add to its winnings on Thursday.
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98 days ago
Rebound Predicted For Malaysia Stock Market
The Malaysia stock market on Wednesday ended the modest two-day winning streak in which it had picked up almost 6 points or 0.4 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,635-point plateau although it's tipped to move back to the upside again on Thursday.
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98 days ago
KOSPI Expected To Return To The Upside On Thursday
Ahead of Wednesday's holiday for Hangul Day, the South Korea stock market had ended the two-day winning streak in which it had picked up almost 50 points or 2 percent. The KOSPI now sits just beneath the 2,600-point plateau, although it's tipped to erase those losses on Thursday.
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98 days ago
Australia Building Approval Data Due On Thursday
Australia will on Thursday release August figures for building approvals, highlighting a light day for Asia-Pacific economic activity.
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98 days ago
TSX Ends At New Record High
The Canadian market climbed to a new record high on Wednesday, lifted by gains in technology and consumer discretionary stocks. The mood remained positive amid continued optimism about more interest rate cuts by the Federal Reserve, and several other central banks.
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98 days ago
Fed Minutes Show 'Substantial Majority' Of Policymakers Favored Rate Cut In September
A "substantial majority" of Fed policymakers supported an interest rate cut in September as they assessed that risks to the employment and inflation goals were almost in balance, the minutes of the latest rate-setting session showed on Wednesday.
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98 days ago
U.S. Stocks Close On Firm Note; Dow, S&P Post New Record Highs
U.S. stocks started off on a somewhat flat note on Wednesday, but gained in strength as the day progressed, as investors assessed the minutes of the Federal Reserve's most recent policy meeting, and looked ahead to the nation's consumer price and producer price inflation data for more clarity on interest-rate trajectory.
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98 days ago
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U.S. Dollar Higher After Fed Minutes
The U.S. dollar was higher against its major counterparts in the New York session on Wednesday, after the minutes of the Federal Reserve's latest policy meeting showed a split among policymakers for lowering the policy rate by 50 basis points at the meeting.
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98 days ago
U.S. Stocks Extending Gains, Look Set To End Session On Firm Note
The major averages all remain firmly up in positive territory on Wall Street with just about an hour to go for the closing bell on Wednesday as investors continue to pick up stocks, digesting the minutes from the Federal Reserve's latest monetary policy meeting, and looking ahead to consumer price and producer price inflation data, due later in the week.
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98 days ago
Swiss Market Ends On Firm Note
After a weak start and a subsequent struggle for support Wednesday morning, the Switzerland market edged higher in late morning trade and kept moving up as the day progressed to finally end the session on a strong note.
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98 days ago
European Stocks Close Higher Ahead Of Fed Minutes
European stocks closed higher on Wednesday with traders building up some long positions ahead of the release of the minutes of the Federal Reserve's most recent policy meeting, and the crucial U.S. inflation data for further clarity on the Fed interest-rate trajectory. Also, investors looked ahead to the earnings season.
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98 days ago
Canadian Modestly Modestly Higher As Tech Stocks Rally
After opening weak and drifting down further subsequently, the Canadian market moved higher Wednesday morning, thanks to some brisk buying in the technology sector. The mood is cautious with investors awaiting the minutes of the Federal Reserve's most recent policy meeting later today, and U.S. inflation data due later in the week.
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98 days ago
U.S. Justice Department Weighs Breakup Of Google
The U.S. Department of Justice said it is considering behavioral and structural remedies for Google LLC, noting that its anticompetitive conduct resulted in interlocking and pernicious harms that present unprecedented complexities. The move indicates that the DOJ was considering a possible breakup of Google as an antitrust remedy, reports said.
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98 days ago
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