Forex News
Taiwan Bourse: Support Expected At 21,000 Points
The Taiwan stock market has moved lower in three straight sessions, slumping more than 400 points or 1.9 percent along the way. The Taiwan Stock Exchange now rests just above the 21,030-point plateau although it's likely to stop the bleeding on Thursday,
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39 days ago
Win Streak May Continue For Singapore Stock Market
The Singapore stock market has finished higher in three straight sessions, advancing almost 80 points or 2.3 percent along the way. The Straits Times Index now sits just above the 3,530-point plateau and it's expected to extend its gains again on Thursday.
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39 days ago
Malaysia Stock Market May Reverse Wednesday's Losses
The Malaysia stock market headed south again on Wednesday, one day after snapping the five-day losing streak in which it had dropped more than 25 points or 1.6 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,640-point plateau although it figures to rebound on Thursday.
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39 days ago
New Zealand Food Prices Climb 0.4% On Year
Food prices in New Zealand were up 0.4 percent on year in August, Statistics New Zealand said on Thursday, slowing from 0.6% in July.
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39 days ago
South Korea Shares May Stop The Bleeding On Thursday
The South Korea stock market has finished lower in seven straight sessions, plunging more than 170 points or 6.4 percent along the way. The KOSPI now rests just above the 2,510-point plateau and it's due for support on Thursday.
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39 days ago
New Zealand Retail Card Sales Data Due On Thursday
New Zealand will on Thursday release August figures for electronic card retail sales, highlighting a light day for Asia-Pacific economic activity. In July, card sales were down 0.1 percent on month and 4.9 percent on year.
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39 days ago
TSX Rises Nearly 1%, Ends At 2-week High
After struggling for support till around noon, Canadian stocks climbed higher and lifted the benchmark S&P/TSX Composite Index to a near 2-week high on Wednesday. The mood in the market turned a bit bullish amid easing concerns about inflation in the U.S.
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39 days ago
more news
Swiss Market Closes Modestly Lower
After opening weak and struggling for support till a little past noon, the Switzerland market emerged higher on Wednesday, but retreated soon and eventually ended the day's session on a negative note.
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40 days ago
U.S. Dollar Appreciates As Inflation Data Reduces Odds Of Larger Rate Cut
The U.S. dollar spiked up against its major counterparts in the New York session on Wednesday, as consumer prices increased in line with estimates in August, reducing the possibility of a 50 basis point rate cut by the Federal Reserve at the monetary policy meeting next week.
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40 days ago
European Stocks Close On Mixed Note
European stocks closed on a mixed note on Wednesday with investors digesting U.S. consumer price inflation data and assessing the likely move of the Federal Reserve with regard to the size of interest rate cut next week.
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40 days ago
Canadian Market Down Marginally In Cautious Trade After U.S. Inflation Data
Canadian stocks are turning in a mixed performance Wednesday morning with investors digesting the data from U.S. Labor Department on consumer price inflation in the world's largest economy.
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40 days ago
U.S. Consumer Prices Increase Modestly In August, Annual Growth Slows To Over 3-Year Low
While the Labor Department released a report on Wednesday showing consumer prices in the U.S. increased in line with estimates in the month of August, the annual rate of consumer price growth slowed by slightly more than expected. The Labor Department said its consumer price index rose by 0.2 percent in August, matching the uptick seen in July as well as economist estimates.
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40 days ago
U.S. Consumer Prices Rise In Line With Estimates In August
While the Labor Department released a report on Wednesday showing consumer prices in the U.S. increased in line with estimates in the month of August, the annual rate of consumer price growth slowed by slightly more than expected.
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40 days ago
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