Forex Nyheter
China Shares May Take Further Damage On Thursday
The China stock market on Wednesday wrote a finish to the four-day winning streak in which it had advanced more than 35 points or 1.2 percent. The Shanghai Composite Index now sits just above the 2,960-point plateau and the losses may accelerate on Thursday.
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Tech Shares Likely To Weigh On Taiwan Market
The Taiwan stock market turned lower again on Wednesday, one day after snapping the two-day slide in which it had dropped more than 500 points or 2.1 percent. The Taiwan Stock Exchange now sits just beneath the 23,760-point plateau and it's expected to extend its losses on Thursday.
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Japan Has Y224.038 Billion Trade Surplus
Japan posted a merchandise trade surplus of 224.038 billion yen in June, the Ministry of Finance said on Thursday.
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Singapore Bourse May Hand Back Wednesday's Gains
The Singapore stock market bounced higher again on Wednesday, one day after ending the five-day winning streak in which it had jumped more than 90 points or 2.8 percent. The Straits Times Index now rests just beneath the 3,490-point plateau although it's likely to open in the red on Thursday.
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Malaysia Shares May See Renewed Consolidation
The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had gained almost a dozen points or 0.7 percent. The Kuala Lumpur Composite Index now rests just above the 1,630-point plateau although it's likely to head south again on Thursday.
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More Pain Predicted For South Korea Stock Market
The South Korea stock market on Wednesday ended the two-day winning streak in which it had gathered almost 10 points or 0.3 percent. The KOSPI now sits just beneath the 2,845-point plateau and it may take further damage on Thursday.
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Australia Unemployment Data Due On Thursday
Australia will on Thursday release June numbers for unemployment, highlighting a modest day for Asia-Pacific economic activity.
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TSX Snaps Five-day Winning Streak; Technology Stocks Decline Sharply
The Canadian market ended on a negative note on Wednesday, coming off record highs and snapping a five-session winning streak, as technology stocks tumbled following a sell-off in U.S. semiconductor stocks amid prospects of tighter trade curps on Chinese companies.
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Dollar Weakens Against Major Rivals On Rate Cut Hopes
The U.S. dollar fell against most of its major counterparts on Wednesday amid continued optimism about an interest rate cut by the Federal Reserve in its September meeting.
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Canadian Dollar Weakens Against Most Majors
The Canadian dollar fell against its most major counterparts in the New York session on Wednesday.
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Canadian Market Notably Lower As Technology, Materials Shares Decline Sharply
The Canadian market is down in negative territory on Wednesday, weighed down by losses in technology sectors after Dutch semiconductor firm ASLM issued a profit warning. Materials shares are the other major losers.
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Swiss Market Ends On Firm Note
The Switzerland market stayed positive on Wednesday save for a few minutes at the start and a very brief while around mid morning, as the undertone remained firm amid optimism about interest rate cuts by several central banks, including the Federal Reserve.
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U.S. Dollar Drops Amid Rate Cut Hopes
The U.S. dollar moved down against its major counterparts in the New York session on Wednesday, amid increasing expectations of a potential rate cut in September.
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