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Australian Dollar Climbs As Fed Hints At Slowdown In Rate Hikes
The Australian dollar moved up against its most major counterparts in the Asian session on Thursday, as risk sentiment improved after the minutes from the Federal Reserve's latest policy meeting showed that the pace of interest rate increases would slow soon.
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vor 907 Tagen
European Economics Preview: Germany Ifo Business Confidence Due
Business confidence survey results from Germany and France are the major statistical reports due on Thursday. At 2.45 am ET, France's statistical office Insee publishes business confidence survey results. The business sentiment index is forecast to fall to 102 in November from 103 in October.
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vor 907 Tagen
European Shares Seen Flat To Higher In Cautious Trade
European stocks may open a tad higher on Thursday as investors react to dovish Fed minutes released overnight.
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vor 907 Tagen
Bank Of Korea Hikes Key Rate By 25 Bps
South Korea's central bank raised its benchmark rate by a moderate quarter point on Thursday as the slowdown in economic growth is set to be more severe. The Monetary Policy Board of the Bank of Korea unanimously decided to raise the Base Rate by 25 basis points to 3.25 percent from 3.00 percent. Regarding the size of the rate hike, the board assessed that a quarter point increase is appropriate.
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vor 907 Tagen
Sensex, Nifty Modestly Higher On Dovish Fed Minutes
Indian shares opened on a positive note Thursday on the back of positive global cues after the minutes of the Fed's early-November policy meeting showed a "substantial majority" of Fed officials supported slowing down the pace of interest rate hikes at upcoming meetings.
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vor 908 Tagen
Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from global markets overnight, as traders reacted positively to the minutes of the US Federal Reserve's latest monetary policy meeting, which provided further evidence the central bank is considering slowing the pace of its interest rate hikes. Asian Markets closed mostly higher on Wednesday.
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vor 908 Tagen
Sensex, Nifty Set To Follow Global Peers Higher Ahead Of F&O Expiry
Indian shares are likely to open higher on Thursday, tracking firm cues from global markets and amid the impending F&O expiry.
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vor 908 Tagen
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Japanese Market Sharply Higher
The Japanese stock market is sharply higher on Thursday, extending the gains in the previous session, with the Nikkei 225 moving above the 28,400 level, following the broadly positive cues from global markets overnight, with strength in technology and financial stocks lifting the market. Traders reacted positively to the minutes of the Federal Reserve's latest monetary policy meeting.
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vor 908 Tagen
Australian Market Modestly Higher
The Australian stock market is modestly higher on Thursday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 7,300 level, following the broadly positive cues from global markets overnight, with mining and technology stocks leading the charge. Traders reacted positively to the minutes of the US Federal Reserve's latest monetary policy meeting.
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vor 908 Tagen
TSX Ends Modestly Higher
The Canadian market ended modestly higher on Wednesday after moving in a tight range amid thin volumes.
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vor 908 Tagen
Dollar Drifts Lower Against Major Counterparts After Fed Minutes
The U.S. dollar fell on Wednesday and posted losses against most of its major counterparts, as the minutes of the Federal Reserve's latest monetary policy meeting suggested the central bank is considering slowing the pace of its interest rate hikes.
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vor 908 Tagen
Fed Minutes Hint At Slower Pace Of Interest Rate Hikes
The Federal Reserve released the minutes of its early November monetary policy meeting on Wednesday, providing further evidence the central bank is considering slowing the pace of its interest rate hikes. The minutes said a "substantial majority" of meeting participants judged that a slowing in the pace of rate hikes would likely "soon be appropriate."
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vor 908 Tagen
Swiss Market Ends Marginally Up
The Switzerland stock market ended marginally up on Wednesday after moving in a tight range with investors largely staying cautious and making stock specific moves.
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vor 908 Tagen
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