Forex News
Malaysia Stock Market May Test Resistance At 1,600 Points
The Malaysia stock market bounced higher again on Thursday, one session after ending the two-day winning streak in which it had advanced almost 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau and it may add to its winnings on Friday.
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4h 8min ago
Australia Services PMI Slips To 53.6 In April - Judo Bank
The services sector in Australia continued to expand in April, albeit at a slower rate, the latest survey from Judo Bank revealed on Friday with a services PMI score of 53.6.
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4h 30min ago
South Korea Shares May Bounce Higher Again On Friday
The South Korea stock market on Thursday ended the three-day winning streak in which it had climbed almost 65 points or 2.5 percent. The KOSPI now sits just above the 2,680-point plateau and it's tipped to open in the green on Friday.
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4h 38min ago
Australia Home Loan Data Due On Friday
Australia will on Friday release March figures for home loans, highlighting a light day for Asia-Pacific economic activity. In February, loans were up 1.6 percent on month and investment lending added 1.2 percent.
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5h 37min ago
TSX Ends Moderately Higher
After a slightly positive start and a subsequent drop, the Canadian market recovered and edged higher to eventually settle on a firm note on Thursday, as comments from Bank of India Governor Tiff Macklem that the central bank is getting closer to start reducing interest rates aided sentiment.
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5h 57min ago
Swiss Market Ends Weak After Hot Inflation Data
After staying a bit positive till around mid morning, Swiss stocks struggled for direction till a couple of hours past noon, and then drifted lower to end on a weak note on Thursday. Hotter than expected inflation data, and a report showing a drop in retail sales weighed on sentiment.
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9h 54min ago
Euro Weakens Against Some Majors
The euro dropped against some of major counterparts in the New York session on Thursday.
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10h 7min ago
more news
Major European Markets Close Lower On Rate Uncertainty, Growth Concerns
The major European markets closed lower on Thursday as investors reacted to corporate earnings updates, and the Federal Reserve's monetary policy announcement that indicated interest rate in the U.S. will remain higher for a longer period.
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10h 21min ago
Canadian Dollar Rises Against U.S. Dollar, Euro
The Canadian dollar moved up against the U.S. dollar and the euro in the New York session on Thursday.
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10h 43min ago
Pound Falls Against Majors
The pound declined against its major counterparts in the New York session on Thursday.
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11h 3min ago
Canadian Market Modestly Higher Around Noon
The Canadian market is up in positive territory around noon on Thursday, led by gains in industrials, real estate and energy sectors. Investors are largely reacting to quarterly earnings updates, and the undertone is a bit firm thanks to comments from Bank of India Governon Tiff Macklem that the central bank is getting closer to start reducing interest rates.
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11h 28min ago
U.S. Factory Orders Surge In Line With Estimates In March
New orders for U.S. manufactured goods surged in line with economist estimates in the month of March, according to a report released by the Commerce Department on Thursday. The Commerce Department said factory orders shot up by 1.6 percent in March after jumping by a downwardly revised 1.2 percent in February.
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12h 53min ago
U.S. Labor Productivity Increases Modestly In Q1, Labor Costs Spike
A report released by the Labor Department on Thursday showed labor productivity in the U.S. increased by less than expected in the first quarter of 2024. The Labor Department said labor productivity rose by 0.3 percent in the first quarter after spiking by a revised 3.5 percent in the fourth quarter. Economists had expected productivity to climb by 0.8 percent.
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13h 13min ago