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Additional Support Anticipated For Singapore Shares

The Singapore stock market on Thursday snapped the two-day slide in which it had dropped almost 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,265-point plateau and it may add to its winnings on Friday.
RTTNews | 192 일 전
Malaysia Bourse: Strong Support At 1,600 Points

Malaysia Bourse: Strong Support At 1,600 Points

The Malaysia stock market has moved lower in back-to-back sessions, slipping almost 5 points or 0.3 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may stop the bleeding on Friday.
RTTNews | 192 일 전
South Korea Shares Expected To Open In The Green

South Korea Shares Expected To Open In The Green

The South Korea stock market on Thursday ended the two-day winning streak in which it had jumped almost 70 points or 2.6 percent. The KOSPI now sits just above the 2,710-point plateau and it figures to bounce higher again on Friday.
RTTNews | 192 일 전
Japan Data Due On Friday

Japan Data Due On Friday

Japan is scheduled to release a batch of data on Friday, highlighting a busy day for Asia-Pacific economic activity. On tap are March figures for household spending and current account as well as April data for bank lending and the Economy Watchers current index.
RTTNews | 193 일 전
TSX Ends Moderately Higher

TSX Ends Moderately Higher

The Canadian market ended on a firm note on Thursday, bouncing back after snapping a five-session winning streak a day earlier, as data showing a bigger than expected increase in U.S. jobless claims raised expectations the Federal Reserve will cut interest rates in September.
RTTNews | 193 일 전
Dollar Loses Ground Against Major Counterparts

Dollar Loses Ground Against Major Counterparts

The U.S. dollar drifted lower against its major counterparts on Thursday after data showing a much bigger than expected increase in U.S. jobless claims added to recently renewed optimism that the Federal Reserve will lower interest rates in the coming months.
RTTNews | 193 일 전
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European Stocks Close Broadly Higher

European Stocks Close Broadly Higher

European stocks closed broadly higher on Thursday with most of the major markets extending recent gains, amid rising optimism about interest rate cuts by several central banks. Geopolitical tensions weighed a bit on sentiment and limited markets' upside.
RTTNews | 193 일 전
U.S. Dollar Declines Amid Higher Jobless Claims

U.S. Dollar Declines Amid Higher Jobless Claims

The U.S. dollar fell against its major counterparts in the New York session on Thursday, as weekly jobless claims rose more than expected last week, the highest level since August 2023.
RTTNews | 193 일 전
U.S. Weekly Jobless Claims Climb To Highest Level Since August

U.S. Weekly Jobless Claims Climb To Highest Level Since August

First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended May 4th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 231,000, an increase of 22,000 from the previous week's revised level of 209,000. Economists had expected jobless claims to inch up to 210,000.
RTTNews | 193 일 전
Bank Of England Moves Closer To Rate Cut

Bank Of England Moves Closer To Rate Cut

The Bank of England left its key policy rate unchanged for the sixth consecutive meeting and signaled that the first rate cut since 2020 is on the horizon. The Monetary Policy Committee decided to hold the Bank Rate at 5.25 percent again in a split vote. The current bank rate is the highest since early 2008.
RTTNews | 193 일 전

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