Forex Nyheter
Soft Start Expected For Singapore Stock Market
The Singapore stock market on Wednesday snapped the three-day winning streak in which it had improved more than 45 points or 1.6 percent. The Straits Times Index now rests just above the 3,130-point plateau and it's likely to open under pressure again on Thursday.
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Little Movement Seen For Malaysia Stock Market
The Malaysia stock market on Wednesday snapped the three-day winning streak in which it had gathered almost 25 points or 1.7 percent. The Kuala Lumpur Composite Index now rests just above the 1,450-point plateau and it's expected to remain in that neighborhood again on Thursday.
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South Korea May Industrial Production Adds 0.1%
Industrial output in South Korea rose a seasonally adjusted 0.1 percent on month in May, Statistics Korea said on Thursday.
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South Korea Industrial Output Rises 0.1% In May
Industrial production in South Korea was up a seasonally adjusted 0.1 percent on month in May, Statistics Korea said on Thursday.
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South Korea Bourse Likely To Be Rangebound On Thursday
The South Korea stock market on Wednesday ended the three-day winning streak in which it had soared more than 105 points or 4.3 percent. The KOSPI now rests just above the 2,375-point plateau and it may remain stuck in neutral on Thursday.
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Japan Industrial Production Data Due On Thursday
Japan will on Thursday release preliminary May figures for industrial production, housing starts and construction orders, highlighting a busy day for Asia-Pacific economic activity.
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TSX Ends Notably Lower; Energy, Technology Stocks Among Major Losers
The Canadian market ended notably lower on Wednesday after languishing in the red almost the entire duration of the trading session, as worries about tighter policy and possibility of a recession rendered the mood quite bearish.
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Dollar Surges Higher Against Major Rivals
The U.S. dollar firmed against its major counterparts on Wednesday as falling risk sentiment pushed up the demand for the safe-haven currency.
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Canadian Market Notably Lower, Set To End On Weak Note
The Canadian market, which slipped after edging up marginally Wednesday morning, continues to languish in negative territory around late afternoon with stocks from several sectors reeling under sustained selling pressure.
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Swiss Market Ends Slightly Up
The Switzerland stock market ended with a slender gain on Wednesday, edging up in the closing minutes after languishing in the red till then amid fears over a possible recession.
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U.S. Dollar Higher After Powell's Comments
The U.S. dollar appreciated against its most major rivals in the New York session on Wednesday, as risk sentiment dampened after Fed Chair Jerome Powell warned of an economic downturn in the wake of the central bank's monetary policy tightening to control inflation.
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European Stocks Close Lower On Recession Fears
European stocks ended notably lower on Wednesday as fears about a possible recession rendered the mood bearish.
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German Inflation Unexpectedly Eases From Record High
Germany's consumer price inflation unexpectedly slowed in June from a record high as the government took measures to reduce the burden of soaring energy prices on households and to reduce fuel consumption, after gas prices surged across Europe following the war in Ukraine.
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