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Forex News
European Economic News Preview: Italy Industrial Output Data
Industrial production from Italy and Spain are the major economic reports due on Wednesday. At 2.00 am ET, Statistics Norway publishes consumer prices for August. In July, inflation advanced to 3.3 percent from 3.0 percent in June. At 3.00 am ET, Statistics Spain is set to issue industrial production data for July. Output had climbed 2.3 percent on a yearly basis in June.
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39 minutes ago
Sensex, Nifty Up Firmly In Positive Territory; IT Stocks Shine Again
Indian stocks are up firmly in positive territory Wednesday morning after a bright start, with technology and PSU bank stocks hogging the limelight.
Expectations of more reductions in GST rates, and reports about prospects of trade talks between India and the U.S. contribute to the positive mood in the markets.
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44 minutes ago
Australian Market Extends Early Gains In Mid-market
The Australian market is extending its early gains in mid-market moves on Wednesday after opening in the red, reversing some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 8,800 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
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2h 43min ago
Indian Shares Likely To Open Higher
Indian shares look headed for a positive start on Wednesday, tracking global cues. Activity is likely to turn stock specific with investors reacting to corporate news. Automobile stocks may find support with several companies deciding to pass on the benefit of recent GST reduction to customers.
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2h 51min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid growing optimism about the outlook for interest rates after sharp downward revisions in US jobs data and ahead of the release of the closely watched US inflation data later in the week. Currencies in the region also strengthened against the US dollar.
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3h 0min ago
Higher Open Called For Thai Stock Market
The Thai stock market has moved higher in three straight sessions, adding almost 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,275-point plateau and it's tipped to open in the green again on Wednesday.
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4h 12min ago
Indonesia Bourse May End Losing Streak On Wednesday
The Indonesia stock market has moved lower in three straight sessions, sinking almost 260 points or 3.6 percent in that span. The Jakarta Composite Index now rests just beneath the 7,630-point plateau although it's due for support on Wednesday.
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4h 42min ago
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Japanese Market Notably Higher
The Japanese stock market is trading notably higher on Wednesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 43,650 level, with gains in technology stocks partially offset by weakness in automakers, exporters and financial stocks.
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4h 45min ago
Hang Seng May Extend Winning Streak
The Hong Kong stock market has moved higher in three straight sessions, climbing more than 975 points or 3.9 percent along the way. The Hang Seng Index now sits just beneath the 25,940-point plateau and it may see additional strength on Wednesday.
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4h 57min ago
Australian Market Slightly Higher
Australian shares are trading slightly higher on Wednesday after opening in the red, reversing some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying just above the 8,800 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
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5h 10min ago
China Shares May Bounce Higher Again On Wednesday
The China stock market on Tuesday ended the two-day winning streak in which it had jumped more than 60 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,800-point plateau although it may find renewed support on Wednesday.
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5h 12min ago
Additional Support Anticipated For Taiwan Stock Market
The Taiwan stock market has tracked higher in five straight sessions, collecting more than 830 points or 3.3 percent along the way. The Taiwan Stock Exchange now sits just beneath the 24,850-point plateau and it may add to its winnings again on Wednesday.
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5h 42min ago
Rebound Anticipated For Singapore Stock Market
The Singapore stock market on Tuesday ended the three-day winning streak in which it had gathered more than 20 points or 0.4 percent. The Straits Times Index now sits just shy of the 4,300-point plateau although it may bounce higher again on Wednesday.
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6h 12min ago
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