Forex News
BoJ Summary Shows Board Discussed Possibility Of Early Rate Hike
The board of the Bank of Japan discussed the chance of an early rate hike as there is rising upside risks to prices, according to the summary of opinions at the monetary policy meeting on June 13 and 14. "…there is a possibility that prices will deviate upward from the baseline scenario if another pass-through of recent cost increases to consumer prices happens," the summary said.
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134 days ago
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Monday.
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134 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Monday.
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134 days ago
European Economic News Preview: German Ifo Business Confidence Due
Business sentiment survey data from Germany is the only major economic report due on Monday. At 3.00 am ET, the Czech Statistical Office is slated to release business sentiment data for June.
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134 days ago
European Shares Set For Subdued Open
European stocks may open on a sluggish note Monday, with China-EU trade concerns and upcoming U.S. inflation data likely to be in focus.
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134 days ago
Sensex, Nifty Open Lower On Weak Global Cues
Indian shares opened on a sluggish note Monday as investors looked ahead to the release of key U.S. inflation data and comments from Federal Reserve officials this week for clarity on the Fed's rate path.
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134 days ago
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Monday, following the mixed cues from Wall Street on Friday, as traders remain cautious and remained reluctant to pick up stocks amid a lack of significant triggers. The US dollar also strengthened against major currencies in the region, with the Japanese yen falling to 34-year lows. Asian markets closed mostly lower on Friday.
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134 days ago
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Sensex, Nifty Seen Tad Lower At Open
Indian shares look set to open a tad lower on Monday, with expectations around upcoming Budget and the reshuffle of the S&P BSE Sensex likely to bring in stock-specific action.
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134 days ago
Japanese Market Modestly Higher
The Japanese stock market is modestly higher in choppy trading on Monday, recouping the losses in the previous session. The benchmark S&P/ASX 200 is moving well above the 38,600 level, following the mixed cues from Wall Street cues on Friday, with some gains across most sectors led by index heavyweights, exporters and technology stocks.
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134 days ago
Thai Stock Market May Hand Back Friday's Gains
The Thai stock market bounced higher again on Friday, one session after ending the two-day winning streak in which it had collected more than 7 points or 0.6 percent. The Stock Exchange of Thailand now rests just above the 1,300-point plateau although it's likely to head south again on Monday.
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134 days ago
Australian Market Significantly Lower
The Australian stock market is currently trading significantly lower on Monday, giving up the slight gains in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 is staying below the 7,800.00 level, with weakness in mining and energy stocks partially offset by gains in technology stocks.
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134 days ago
Hang Seng: Support Expected At 18,000 Points
The Hong Kong stock market has moved lower in two straight session, sinking more than 400 points or 2.2 percent along the way. The Hang Seng Index now rests just beneath the 18,030-point plateau although it's likely to halt its slide on Monday.
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134 days ago
China Stock Market May Stop The Bleeding On Monday
The China stock market has moved lower in three straight sessions, stumbling more than 30 points or 1 percent along the way. The Shanghai Composite Index now sits just beneath the 3,000-point plateau although it's due for support on Monday.
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134 days ago
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