Berita Forex
South Korea Consumer Confidence Ticks Higher In Annuary - BoK
Consumer confidence in South Korea improved in January, the latest survey from the Bank of Korea showed on Thursday with a consumer confidence index score of 90.7 - up from 90.2 in December.
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South Korea Bourse May See Profit Taking
The South Korea stock market has moved higher in three straight sessions, collecting almost 60 points or 2.4 percent along the way. The KOSPI now rests just shy of the 2,430-point plateau although it may spin its wheels on Thursday.
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South Korea GDP Data Due On Thursday
South Korea will on Thursday release preliminary Q4 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
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U.S. Dollar Seeing Modest Weakness After Overnight Strength
The value of the U.S. dollar has fluctuated over the course of trading on Wednesday as traders look ahead to the release of some key economic data in the coming days.
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Swiss Market Ends Flat Again
After spending almost the entire session in negative territory, the Switzerland market ended flat on Wednesday with stocks finding some support in the closing minutes.
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European Stocks Close Slightly Lower
Despite some positive economic data from the region, European stocks ended on a weak note on Wednesday.
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TSX Remains Weak Despite Paring Some Losses; BoC Raises Interest Rates Again
After opening notably lower and declining further down, the Canadian market regained some lost ground Wednesday morning, but still remains in negative territory a little past noon.
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Bank Of Canada Raises Interest Rates By Another Quarter Point
With persistent excess demand putting continued upward pressure on prices, the Bank of Canada on Wednesday announced its decision to raise interest rates by another quarter point. The Bank of Canada increased its target for the overnight rate by 25 basis points to 4.5 percent, in line with expectations.
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Pound Mixed After U.K. PPI Data
The pound showed mixed trading against its major counterparts in the European session on Wednesday, after a data showed that nation's producer inflation came in below expectations in December.
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Progressive Corp. Q4 Profit Sharply Declines
Progressive Corp. (PGR) reported Wednesday that net income for the fourth quarter declined 14 percent to $826.4 million or $1.40 per share from $962.3 million or $1.63 in the prior-year quarter.
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German Business Confidence At 7-Month High On Stronger Expectations
Germany's business confidence improved further as expected at the start of the year to the strongest level in seven months, as companies were considerably less pessimistic about the future, although they were slightly less satisfied with the current situation, survey results from the Munich-based ifo Institute showed on Wednesday.
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Sri Lanka Central Bank Keeps Rates Steady Amid Economic Crisis
Sri Lanka's central bank kept its key interest rate unchanged on Wednesday as runaway inflation showed signs of slowdown, and amid the country's negotiations with the International Monetary Fund to secure a $2.9 billion rescue deal to get the economy back on track. The Monetary Board of the Central Bank of Sri Lanka decided to maintain the Standing Deposit Facility Rate at 14.50 percent.
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Boeing Q4 Loss Sharply Narrows; Results Miss Estimates
Aerospace giant Boeing Co. (BA) on Wednesday reported fourth-quarter net loss attributable to Boeing shareholders of $634 million or $1.06 per share, sharply narrower than $4.14 billion or $7.02 per share in the year-ago quarter.
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