Forex News
Indonesia Bourse: Support Expected At 7,500 Points
The Indonesia stock market on Wednesday ended the two-day winning streak in which it had advanced more than 60 points or 0.8 percent. The Jakarta Composite Index now rests just above the 7,500-point plateau although it's expected to bounce higher again on Thursday.
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49 days ago
Australian Market Modestly Higher
The Australian market is trading modestly higher on Thursday, extending the slight gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,200 level, with gains across most sectors led by mining, energy and technology stocks.
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49 days ago
Hong Kong Shares May Find Traction On Thursday
The Hong Kong stock market has finished lower in two straight sessions, plummeting more than 2,400 points or 11 percent along the way. The Hang Seng Index now sits just above the 20,630-point plateau although it may cut into some of those losses on Thursday.
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49 days ago
China Shares May Shrug Off Upbeat Lead
The China stock market on Wednesday ended the absurd 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just beneath the 3,260-point plateau - and by all rights, it ought to move lower again on Thursday despite a firm lead.
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49 days ago
Japan Overall Bank Lending Climbs 2.7% On Year In September
The value of overall bank lending in Japan was up 2.7 percent on year in September, the Bank of Japan said on Thursday - coming in at 624.24 trillion yen.
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49 days ago
Japan Producer Prices Flat In September
Producer prices in Japan were unchanged in September, the Bank of Japan said on Thursday - versus expectations for a decline of 0.3 percent following the 0.2 percent drop in August.
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49 days ago
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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49 days ago
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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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49 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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49 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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50 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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50 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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50 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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50 days ago
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