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China Stock Market Tipped To Open In The Green
The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the five-day losing streak in which it had surrendered almost 100 points or 2.8 percent. The Shanghai Composite Index now sits just above the 3,225-point plateau although it's predicted to make back those losses on Friday.
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Taiwan Shares Poised To Erase Thursday's Losses
The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had tumbled almost 350 points or 2.2 percent. The Taiwan Stock Exchange now rests just above the 15,220-point plateau although it may see renewed selling support on Friday.
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Singapore Shares Tipped To Bounce Higher On Friday
The Singapore stock market moved lower again on Thursday, one session after ending the five-day losing streak in which it had stumbled more than 115 points or 3.5 percent. The Straits Times Index now rests just above the 3,155-point plateau and it's predicted to open in the green again on Friday.
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Renewed Support Anticipated For Malaysia Shares
The Malaysia stock market headed south again on Thursday, one day after ending the five-day losing streak in which it had tumbled almost 65 points or 4.6 percent. The Kuala Lumpur Composite Index now rests just above the 1,390-point plateau although it's predicted to bounce higher again on Friday.
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Před 885 dny
KOSPI Tipped To Reclaim 2,400-Point Level
The South Korea stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had dropped more than 65 points or 2.8 percent. The KOSPI now rests just above the 2,375-point plateau and it's expected to move back to the upside again on Friday.
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Singapore Non-Oil Export Data Due On Friday
Singapore will on Friday release February figures for non-oil domestic exports, highlighting a light day for Asia-Pacific economic activity.
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TSX Ends On Firm Note
The Canadian market ended on a firm note on Thursday as investors picked up stocks, reacting to some positive news such as a few big banks reportedly in discussion to rescue First Republic Bank, and Swiss lender Credit Suisse securing a lifeline from the Swiss National Bank.
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more news
Dollar Loses Ground Against Major Counterparts
The U.S. dollar was weak against its major counterparts on Thursday with traders reacting to the European Central Bank's interest rate decision, and looking ahead to the Federal Reserve's policy meeting next week.
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Swiss Market Ends On Upbeat Note
The Switzerland market ended on a buoyant note on Thursday, in line with markets across Europe, with shares from the banking sector turning in a strong performance.
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Lagarde Says ECB Determined To Bring Inflation Back To 2%
European Central Bank President Christine Lagarde said the central bank is determined to bring inflation back to the 2 percent target and reaffirmed that policymakers stand ready to provide liquidity support when needed in the backdrop of the recent financial market turmoil triggered by the banking sector crisis.
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European Markets Close Higher Despite ECB's Rate Decision
European stocks closed higher on Thursday even as the European Central Bank raised interest rates by 50 basis points despite the financial sector shares suffering steep losses in recent sessions following the collapse of Silicon Valley Bank, and the debt crisis in Swiss lender Credit Suisse.
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Euro Slips After ECB Decision
The euro dropped against its major rivals in the European session on Thursday, after the European Central Bank raised its key interest rates by 50 basis points but indicated that the elevated level of uncertainty affirmed the importance of a data-dependent approach on future moves.
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U.S. Housing Starts Rebound 9.8% In February, Much More Than Expected
After reporting decreases in new U.S. residential construction for six straight months, the Commerce Department released a report on Thursday showing a substantial rebound in housing starts in the month of February.
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Před 885 dny
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