Forex News
South Korea Q1 GDP Accelerates 1.3% On Quarter
South Korea's gross domestic product improved a seasonally adjusted 1.3 percent on quarter in the first quarter of 2024, the Bank of Korea said in Wednesday's advance estimate.
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162 days ago
Mild Upside Predicted For Malaysia Stock Market
The Malaysia stock market on Tuesday ended the six-day losing streak in which it had stumbled almost 35 points or 2.1 percent. The Kuala Lumpur Composite Index now sits just above the 1,615-point plateau and it may tick higher again on Wednesday.
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162 days ago
South Korea GDP Climbs 1.3% In Q1
South Korea's gross domestic product expanded a seasonally adjusted 1.3 percent on quarter in the first quarter of 2024, the Bank of Korea said in Wednesday's advance estimate.
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162 days ago
Australia Services Sector Slows In May - Judo Bank
The services sector in Australia continued to expand in May, albeit at a slower rate, the latest survey from Judo Bank revealed on Wednesday with a services PMI score of 52.5.
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162 days ago
New Zealand Terms Of Trade Jumps 5.1% In Q1
New Zealand's terms of trade climbed a seasonally adjusted 5.1 percent on quarter in the first quarter of 2024, Statistics New Zealand said on Wednesday.
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162 days ago
Rebound Anticipated For South Korea Stock Market
The South Korea stock market on Tuesday snapped the two-day winning streak in which it had advanced almost 50 points or 1.8 percent. The KOSPI now sits just above the 2,660-point plateau although it's likely to bounce higher again on Wednesday.
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162 days ago
South Korea, Australia GDP Data Due On Wednesday
South Korea will on Wednesday release Q1 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 1.3 percent on quarter and 3.4 percent on year - both steady from the previous three months.
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162 days ago
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TSX Ends Notably Lower
The Canadian market tumbled Tuesday morning on heavy selling in materials and energy stocks, and despite regaining some lost ground subsequently, ended the day's session notably lower.
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162 days ago
Dollar Recovers From Recent Losses, Gains Against Major Counterparts
The U.S. dollar climbed higher in the European session on Tuesday, and despite holding firm in early New York session, pared gains and slipped below the flat line as the day progressed before edging up slightly.
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162 days ago
Swiss Franc Strengthens As SNB Rate Cut Hopes Fade
The Swiss franc appreciated against its major counterparts in the New York session on Tuesday, as Switzerland's consumer prices posted a steady increase in May.
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162 days ago
Swiss Market Ends Roughly Flat
The Switzerland market shrugged off early weakness and moved up into positive territory Tuesday afternoon, but turned weak in the final hour and eventually ended the day's session with a very small gain.
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162 days ago
European Stocks Close Lower Ahead Of Key Economic Events
European stocks closed weak on Tuesday with several markets in the region dropping to multi-week lows, as investors digested regional economic data, and looked ahead to the European Central Bank's monetary policy announcement, and U.S. jobs report, due on Thursday and Friday, respectively, for directional clues.
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162 days ago
TSX Slips To 1-month Low As Materials, Energy Stocks Fall
The Canadian benchmark S&P/TSX has tumbled to its lowest level in about a month Tuesday morning, as weak commodity prices trigger some heavy selling materials and energy stocks.
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162 days ago
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