Forex News
Europe Car Registrations Log Sharp Contraction: ACEA
Europe's new car registrations posted a steep decline in August largely due to the notable decrease in electric car sales, data from the European Automobile Manufacturers' Association, or ACEA, showed on Thursday. New car sales decreased 18.3 percent on a yearly basis with negative results across all four major markets. Sales had increased 0.2 percent in July and 4.3 percent in June.
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114 days ago
Walmart Holiday Deals Event On Oct. 8-13
Omnichannel retail giant Walmart Inc. is unveiling thousands of offers with consistently low prices, kicking off the holiday shopping season earlier than ever. The first Walmart Holiday Deals event of the season runs from October 8 to 13 with early access for Walmart+ members. The retailer has introduced earlier, longer windows for holiday savings across its wide range of assortment.
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114 days ago
European Economic News Preview: Bank Of England To Pause Rate Cuts
The Bank of England is set to hold its benchmark interest rate on Thursday after the US Federal Reserve slashed its key rate by 50 basis points. The BoE is expected to maintain its bank rate at 5.00 percent today but markets now focus on the pace of quantitative tightening programme. The bank could unveil another GBP 100 billion reduction in gilt holdings over the coming twelve months.
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114 days ago
European Shares Set To Rally As Fed Begins Easing Cycle With A Bang
European stocks may open on a buoyant note Thursday after the U.S. Federal Reserve kicked off an anticipated series of interest rate cuts with a larger-than-usual half-percentage-point reduction, expressing greater confidence about inflation and reiterating its commitment to supporting maximum employment.
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114 days ago
Sensex, Nifty Climb After Bumper Fed Rate Cut
Indian shares opened on a buoyant note Thursday after the U.S. Federal Reserve announced a whopping 50 bps rate cut and signaled further policy easing to keep the labor market from slowing too much.
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114 days ago
Asian Markets Mostly Higher Amid Fed Rate Cut
Asian stock markets are trading mostly higher on Thursday, despite the broadly negative cues from Wall Street overnight, as the markets react to the US Fed's decision to lower interest rates for the first time in over four years, aggressively slashing rates by half a percentage point. Fed officials also suggested the central bank will cut rates by another 50 basis points by the end of the year.
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114 days ago
Sensex, Nifty Seen Higher As Fed Kicks Off Easing Cycle
Indian shares look set to open on a positive note Thursday after the U.S. Federal Reserve decided to lower interest rates for the first time in over four years, aggressively slashing rates by half a percentage point.
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114 days ago
more news
Japanese Market Sharply Higher, Up 2.5%
Extending the gains in the previous session, the Japanese market is sharply higher on Thursday, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving a tad above the 37,300 level, with gains across most sectors led by index heavyweights, financial and technology stocks.
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114 days ago
Lower Open Expected For Thai Stock Market
The Thai stock market on Wednesday ended the four-day winning streak in which it had gained more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just above the 1,435-point plateau and it's likely to open to the downside again on Thursday.
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114 days ago
Indonesia Stock Market May Test Support At 7,800 Points
The Indonesia stock market on Wednesday ended the three-day winning streak in which it had advanced more than 80 points or 1 percent. The Jakarta Composite Index now rests just beneath the 7,830-point plateau and it's looking at a soft start again on Thursday.
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114 days ago
Australian Market Slightly Higher
The Australian market is slightly higher on Thursday, extending the gains in the previous five sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,100 level to fresh all-time highs, with gains in iron ore miners, energy and technology stocks, partially offset by losses in gold miner stocks.
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114 days ago
Hong Kong Bourse May See Profit Taking On Thursday
Ahead of Wednesday's holiday for the Mid-Autumn Festival, the Hong Kong stock market had moved higher in four straight sessions, collecting more than 550 points or 3.2 percent along the way. The Hang Seng Index now sits just above the 17,660-point plateau although investors may lock in gains on Thursday.
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114 days ago
China Stock Market May Hand Back Wednesday's Gains
The China stock market on Wednesday ended the three-day losing streak in which it had stumbled more than 40 points or 1.5 percent. The Shanghai Composite now sits just above the 2,715-point plateau although it may head south again on Thursday.
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114 days ago
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