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Forex News
Indian Shares Likely To Open With Negative Bias
Indian shares look headed for a weak start on Thursday, tracking cues from Wall Street, where stocks drifted lower overnight after the Federal Reserve raised interest rate by 50 basis points and signaled more hikes in the coming months.
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866 days ago
Rally Likely To Flame Out On Thursday For Thai Stocks
The Thai stock market has climbed higher in three straight sessions, gathering more than a dozen points or 0.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,635-point plateau although investors may cash in on Thursday.
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866 days ago
China Retail Sales Sink 5.9% On Year In November
The total value of retail sales in China was down 5.9 percent on year in November, the National Bureau of Statistics said on Thursday - shy of expectations for a decline of 3.7 percent following the 0.5 percent drop in October.
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866 days ago
Japanese Market Modestly Lower
The Japanese stock market is modestly lower on Thursday, giving up some of the gains in the previous two sessions, with the Nikkei 225 staying above the 28,100 level, following the broadly negative cues from global markets overnight, as traders reacted to the US Fed raising interest rates by 50 basis points and signaling more hikes next year.
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866 days ago
Indonesia Bourse May Extend Wednesday's Losses
The Indonesia stock market on Wednesday ended the two-day winning streak in which it had picked up more than 95 points or 1.3 percent. The Jakarta Composite Index now rests just above the 6,800-point plateau and it may take further damage on Thursday.
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866 days ago
Australian Market Modestly Lower
The Australian stock market is modestly lower on Thursday, giving up some of the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 7,200 level, following the broadly negative cues from global markets overnight, as traders reacted to the US Fed raising interest rates by 50 basis points and signaling more hikes next year.
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866 days ago
Lower Open Anticipated For Hong Kong Stock Market
The Hong Kong stock market has finished higher in consecutive trading days, collecting almost 210 points or 1.1 percent along the way. The Hang Seng Index now sits just beneath the 19,675-point plateau although it's likely to see renewed selling pressure on Thursday.
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866 days ago
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Soft Start Predicted For China Stock Market
The China stock market on Wednesday halted the two-day slide in which it had dropped more than 30 points or 1 percent. The Shanghai Composite Index now rests just above the 3,175-point plateau although it's likely to turn lower again on Thursday.
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866 days ago
Australia Economy Adds 64K Jobs In November
Australia's unemployment rate came in at a seasonally adjusted 3.4 percent in November, the Australian Bureau of Statistics said on Thursday - unchanged and in line with expectations.
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866 days ago
Taiwan Stock Market Tipped To Open Under Pressure On Thursday
The Taiwan stock market on Wednesday wrote a finish to the three-day losing streak in which it had slumped more than 180 points or 1.2 percent. The Taiwan Stock Exchange now rests just beneath the 14,740-point plateau although it's likely to slide back into the red on Thursday.
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866 days ago
Japan Has Y2,027.4 Billion Trade Deficit In November
Japan posted a merchandise trade deficit of 2,027.4 billion yen in November, the Ministry of Finance said on Thursday.
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866 days ago
Singapore Bourse May Spin Its Wheels On Thursday
The Singapore stock market has tracked higher in two straight sessions, improving almost 40 points or 1.2 percent in that span. The Straits Times Index now rests just beneath the 3,280-point plateau although the rally may stall on Thursday.
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866 days ago
Malaysia Stock Market May Head South Again On Thursday
The Malaysia stock market on Wednesday ended the two-day slide in which it had stumbled almost 7 points or 0.5 percent. The Kuala Lumpur Composite Index now rests just above the 1,480-point plateau although it's expected to open under pressure again on Thursday.
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866 days ago
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