Forex News
Australian Dollar Rises As Asian Stock Markets Traded Higher
The Australian dollar strengthened against other major currencies in the Asian session on Monday, as Asian stock markets traded higher, following the mixed cues from Wall Street on Friday, after recent economic data has generated optimism about an interest rate cut in the coming months, but comments from U.S. Fed officials have put a damper on some of the cheer. Announcement of fresh stimulus measures in China also boosted commodity prices.
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181 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
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181 days ago
European Shares Seen Opening Up On China Optimism
European stocks may open a tad higher on Monday after Beijing rolled out a string of supportive measures for the property market.
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181 days ago
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, after recent economic data has generated optimism about an interest rate cut in the coming months, but comments from US Fed officials have put a damper on some of the cheer. Announcement of fresh stimulus measures in China also boosted commodity prices. Asian markets closed mixed on Friday
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181 days ago
Indian Markets Closed For Lok Sabha Elections
Indian markets remain closed today on account of Lok Sabha polls in Mumbai.
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181 days ago
Japanese Market Sharply Higher
The Japanese stock market is trading sharply higher on Monday, recouping the losses in the previous session. The benchmark S&P/ASX 200 is moving above the 39,200 level, following the mixed cues from Wall Street on Friday, with gains across most sectors led by index heavyweights and financial stocks.
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181 days ago
Lower Open Predicted For Thai Stock Market
The Thai stock market has moved higher in consecutive trading days, gathering more than a dozen points or 0.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,380-point plateau although it's looking at a soft start on Monday.
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181 days ago
more news
Australian Market Significantly Higher
The Australian stock market is currently trading significantly higher on Monday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving uo to near the 7,900.00 level, following the mixed cues from Wall Street on Friday, with gains across most sectors led by mining and energy amid a spike in commodity prices.
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181 days ago
Indonesia Shares Due For Profit Taking On Monday
The Indonesia stock market has moved higher in three straight sessions, gathering more than 230 points or 3.3 percent along the way. The Jakarta Composite Index now sits just beneath the 7,320-point plateau although investors figure to lock in gains on Monday.
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181 days ago
Win Streak May End For Hong Kong Stock Market
The Hong Kong stock market has moved higher in two straight sessions, climbing almost 480 points or 2.5 percent along the way. The Hang Seng Index now sits just above the 19,550-point plateau although it's likely to open under water on Monday.
The global forecast for the Asian markets is murky, with profit taking likely to cap any upside. The European markets were soft and the U.S. bourses were mixed and little changed and the Asian markets figure to split the difference.
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181 days ago
Rally May Stall For China Stock Market
The China stock market has tracked higher in back-to-back sessions, gathering almost 35 points or 1.2 percent in that span. The Shanghai Composite Index now sits just above the 3,150-point plateau although it may run out of steam on Monday.
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181 days ago
Taiwan Bourse May Extend Friday's Losses
The Taiwan stock market on Friday halted the five-day winning streak in which it had surged more than 750 points or 3.8 percent. The Taiwan Stock Exchange now sits just above the 21,250-point plateau and it may take further damage on Monday.
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181 days ago
Soft Start Anticipated For Singapore Stock Market
The Singapore stock market has moved higher in back-to-back sessions, gathering almost 25 points or 0.6 percent along the way. The Straits Times Index now rests just beneath the 3,315-point plateau although it may open under pressure on Monday.
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181 days ago
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