Forex News
DAX Slightly Higher As Inflation Worries Mount
German stocks were slightly higher on Thursday after suffering heavy losses in the previous session.
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873 days ago
Asian Shares Slip As Fed Minutes Weigh
Asian stocks ended Thursday's session on a subdued note after minutes from the Federal Reserve's July meeting pointed to rates staying higher for longer.
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873 days ago
U.S. Dollar Higher As Fed Minutes Indicate More Rate Hikes
The U.S. dollar was higher against its major counterparts in the Asian session on Thursday, after the minutes of the Federal Reserve's latest policy meeting showed that the central bank is prepared to continue raising interest rates in the coming months, but indicated a slowdown in the pace of hikes "at some point."
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873 days ago
European Shares Seen Opening On Steady Note
European stocks are seen opening a tag higher on Thursday after the July FOMC meeting minutes didn't outline any preference for a 50 or 75 bps rate hike at the upcoming September policy meeting, but noted that future rate decisions would be based on incoming data.
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873 days ago
Sensex, Nifty Marginally Lower In Early Trade; Pharma Stocks Drag
Indian shares were flat to slightly lower on Thursday, tracking weak global markets after the July FOMC meeting minutes suggested continuation of the hawkish stance to bring inflation under control.
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873 days ago
European Economics Preview: Eurozone Final Inflation Data Due
Final consumer price data from Eurozone is due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway releases quarterly GDP data. The economy is forecast to grow 0.7 percent sequentially, in contrast to the 0.6 percent fall in the first quarter.
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873 days ago
Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from global markets overnight, as worries about slowing growth and soaring inflation continue to weigh on market sentiment. The US Fed minutes also reaffirmed the central bank's plans to continue raising interest rates in an effort to return inflation to its 2 percent objective.
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873 days ago
more news
Sensex, Nifty Set For Sluggish Start After Fed Minutes
Indian shares may follow global peers lower on Thursday after the July FOMC meeting minutes signaled that restrictive rates may be needed "for some time".
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873 days ago
Japanese Market Significantly Lower
The Japanese stock market is significantly lower on Thursday, giving up the gains in the previous session, with the Nikkei 225 falling below the 29,000 mark, following the broadly negative cues from global markets overnight, with weakness across most sectors, particularly technology stocks, which tracked their peers on tech-heavy Nasdaq.
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873 days ago
Thai Stock Market Due For Profit Taking On Thursday
The Thai stock market has climbed higher in four straight sessions, collecting almost 25 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,640-point plateau although investors may cash in on Thursday.
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873 days ago
Renewed Consolidation Expected For Indonesia Stock Market
Ahead of Wednesday's holiday for Independence Day, the Indonesia stock market had ended the two-day slide in which it had fallen almost 70 points or 1 percent. The Jakarta Composite Index now sits just above the 7,130-point plateau although it may head south again on Thursday.
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873 days ago
Australian Market Modestly Lower
The Australian stock market is modestly lower on Thursday, giving up some of the gains in the previous three sessions, with the benchmark S&P/ASX 200 falling a tad below the 7,100 level, following the broadly negative cues from global markets overnight, with the losses led by gold miners and technology stocks.
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873 days ago
Australia Economy Sheds 40,900 Jobs In July
The Australian economy lost 40,900 jobs in July, the Australian Bureau of Statistics said on Thursday - well shy of forecasts that called for an addition of 25,000 jobs following the gain of 88,400 jobs in June.
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873 days ago
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