Forex News
Hong Kong Market Expected To Open To The Upside
The Hong Kong stock market rebounded on Wednesday, one day after ending the two-day winning streak in which it had gained more than 230 points or 1.4 percent. The Hang Seng Index now rests just beneath the 17,350-point plateau and it's likely to open higher again on Thursday.
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146 days ago
Higher Open Called For China Stock Market
The China stock market rebounded on Wednesday, one day after ending the two-day winning streak in which it had risen just 5 points or 0.2 percent. The Shanghai Composite Index now sits just beneath the 2,940-point plateau and it's predicted to see further upside on Thursday.
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146 days ago
Tech-Fueled Rebound Expected For Taiwan Shares
The Taiwan stock market on Wednesday snapped the modest two-day winning streak in which it had picked up more than 100 points or 0.4 percent. The Taiwan Stock Exchange now sits just beneath the 22,200-point plateau although it figures to bounce higher again on Thursday.
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146 days ago
South Korea Has $3.62 Billion Trade Surplus
South Korea posted a merchandise trade surplus of $3.62 billion July, Statistics Korea said on Thursday.
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146 days ago
Singapore Stock Market Poised For Additional Support
The Singapore stock market has climbed higher in wo of three trading days since the end of the three-day losing streak in which it had slumped more than 35 points or 1 percent. The Straits Times Index now rests just above the 3,455-point plateau and it's expected to add to its winnings on Thursday.
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146 days ago
Malaysia Shares Tipped To Open In The Green
The Malaysia stock market has moved higher in two of three trading days since the end of the three-day slide in which it had slumped more than 15 points or 1 percent. The Kuala Lumpur Composite Index now rests just above the 1,625-point plateau and it's expected to open to the upside again on Thursday.
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146 days ago
Australia Manufacturing PMI Improves To 47.5 - Judo Bank
The manufacturing sector in Australia continued to contract in July, albeit at a slower rate, the latest survey from Judo Bank revealed on Thursday with a manufacturing PMI score of 47.5.
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146 days ago
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KOSPI May Test Resistance At 2,800 Points
The South Korea stock market found renewed support on Wednesday, one day after snapping the two-day winning streak in which it had jumped more than 55 points or 2 percent. The KOSPI now sits just above the 2,770-point plateau and it may add to its winnings on Thursday.
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146 days ago
Australia Trade Data Due On Thursday
Australia will on Wednesday release June figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity. In May, imports were up 3.9 percent on month and exports rose 2.8 percent for a trade surplus of A$5.773 billion.
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146 days ago
TSX Posts New Intraday, Closing Highs
The Canadian market rose to a fresh record high on Wednesday, moving past a high registered about a fortnight ago, as the Federal Reserve hinted at some rate cuts in the coming months.
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146 days ago
Dollar Falls On Rate Cut Bets
The U.S. dollar, which showed signs of recovering from early weakness around mid morning on Wednesday, drifted down after the Federal Reserve left its interest rates unchanged, but signaled a rate cut in September.
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146 days ago
Canadian Market Climbs To New Record High
The Canadian market climbed to a fresh record higher on Wednesday with stocks from across several sectors posting strong gains amid rising prospects of an interest rate cut by the Federal Reserve in September.
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146 days ago
Federal Reserve Leaves Rates Unchanged, Acknowledges Further Progress On Inflation
The Federal Reserve on Wednesday announced its widely expected monetary policy decision to leave interest rates unchanged. The Fed acknowledged "some further progress" toward its inflation objective but reiterated officials need "greater confidence" inflation is moving sustainably toward 2 percent before cutting rates
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146 days ago
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