Forex News
Asian Shares Advance On US Inflation, China Manufacturing Data
Asian stocks rallied on Monday as soft U.S. inflation data revived rate cut hopes and a private survey showed China's factory activity grew the fastest in about two years in May due to production gains and new orders.
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165 days ago
Yen Falls Amid Risk Appetite
The Japanese yen weakened against other major currencies in the Asian session on Monday amid risk appetite, as investors remain cautiously optimistic on bets the U.S. Fed will likely cut interest rates in September after data showed the U.S. consumer price inflation came in line with estimates in April, while core consumer prices edged up slightly less than expected.
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165 days ago
China Manufacturing Logs Fastest Growth In Nearly 2 Years
China's manufacturing sector logged the fastest growth in nearly two years in May as production growth accelerated amid rising new orders, final survey results from S&P Global showed on Monday. The Caixin manufacturing Purchasing Managers' Index rose to 51.7 in May from 51.4 in the previous month.
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165 days ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Monday.
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165 days ago
European Shares Set To Rise As ECB Rate Cut Looks Certain
European stocks are likely to open higher on Monday after a private survey showed China's manufacturing activity grew more than expected in May - contrasting with an official PMI reading that showed China's manufacturing unexpectedly shrank in the month.
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165 days ago
European Economic News Preview: Eurozone Final Factory PMI Data Due
Final factory Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Monday, headlining a light day for the European economic news.
At 3.15 am ET, Spain's HCOB manufacturing PMI survey data is due. The factory PMI is forecast to rise to 52.5 in May from 52.2 in the previous month.
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165 days ago
Sensex, Nifty Soar On Exit Poll Results
Indian shares soared in early trade on Monday, with gains seen across the board after several exit polls pointed to a third term and sizable mandate for Prime Minister Narendra Modi.
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165 days ago
more news
Asian Markets Trade Mostly Higher
Asian stock markets are trading m ostly higher on Monday, following the mixed cues from Wall Street on Friday, as traders remain cautiously optimistic on bets the US Fed will likely cut interest rates in September after data showed the US consumer price inflation came in line with estimates in April, while core consumer prices edged up slightly less than expected.
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165 days ago
Sensex, Nifty Set For Gap-up Opening
Indian shares and the rupee are posed to climb at open on Monday after most of the exit polls predicted that Prime Minister Narendra Modi will return to power for a historic third term.
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165 days ago
Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Monday, adding to the gains in the previous session. The benchmark S&P/ASX 200 is moving well above the 38,800 level, following the mixed cues from Wall Street cues on Friday, with gains across most sectors led by index heavyweights, technology and financial stocks.
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165 days ago
China Manufacturing Sector Picks Up Steam In May - Caixin
The manufacturing sector in China continued to expand in May, and at a faster pace, the latest survey from Caixin revealed on Monday with a manufacturing PMI score of 51.7.
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165 days ago
Indonesia Stock Market May Reclaim 7,000-Point Level
The Indonesia stock market has moved lower in three straight sessions, retreating almost 280 points or 3.9 percent in that span. The Jakarta Composite Index now sits just above the 6,970-point plateau although it's due for support on Monday.
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165 days ago
Australian Market Significantly Higher
The Australian stock market is currently trading significantly higher on Monday, extending the gains in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 staying well above the 7,700.00 level, with gains is iron miners, energy and financial stocks.
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165 days ago
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