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Taiwan Stocks May See Continued Selling Pressure On Thursday

The Taiwan stock market has finished lower in two consecutive trading days, dropping more than 225 points or 1.5 percent along the way. The Taiwan Stock Exchange now sits just beneath the 17,890-point plateau and it's expected to open under water again on Thursday.
RTTNews | vor 575 Tagen
Singapore Shares May Run Out Of Steam On Thursday

Singapore Shares May Run Out Of Steam On Thursday

The Singapore stock market has moved higher in consecutive trading days, gathering more than a dozen points or 0.3 percent along the way. The Straits Times Index now sits just above the 3,150-point plateau although the rally may stall on Thursday.
RTTNews | vor 575 Tagen
South Korea Stock Market Tipped To Open Under Pressure

South Korea Stock Market Tipped To Open Under Pressure

The South Korea stock market has moved lower in back-to-back sessions, slipping just 3 points or 0.1 percent in that span. The KOSPI market now rests just beneath the 2,500-point plateau and it may take further damage again on Thursday.
RTTNews | vor 575 Tagen
Canadian Stocks Tumble As Fed Comments Dash Rate Cut Hopes

Canadian Stocks Tumble As Fed Comments Dash Rate Cut Hopes

The Canadian market ended notably lower on Wednesday after the Federal Reserve said it does not expect it will be appropriate to lower rates until it has gained greater confidence that inflation is moving sustainably toward 2%.
RTTNews | vor 575 Tagen
South Korea Trade Data On Tap For Thursday

South Korea Trade Data On Tap For Thursday

South Korea will on Thursday release January data for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity. In December, imports were down 10.8 percent on year and exports added 5.0 percent for a trade surplus of $4.46 billion.
RTTNews | vor 575 Tagen
Dollar Rebounds After Fed Policy, Powell's Comments

Dollar Rebounds After Fed Policy, Powell's Comments

The U.S. dollar, which slipped in early New York session on Wednesday after data showed a smaller than expected increase in the nation's private sector job growth, rebounded after the Federal Reserve's comments suggested a rate cut in March is unlikely.
RTTNews | vor 575 Tagen
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Fed Leaves Rates Unchanged, Needs Greater Confidence In Slowing Inflation To Cut Rates

Fed Leaves Rates Unchanged, Needs Greater Confidence In Slowing Inflation To Cut Rates

In a widely expected move, the Federal Reserve on Wednesday announced that is has once again decided to leave interest rates unchanged. The Fed said it has decided to maintain the target range for the federal funds rate at 5.25 to 5.50 percent in support of its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run.
RTTNews | vor 575 Tagen
Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

The Switzerland stock market ended notably lower on Wednesday after staying well below the unchanged line right through the day's trading session.
RTTNews | vor 575 Tagen
Major European Markets Close Lower Ahead Of Fed Policy Announcement

Major European Markets Close Lower Ahead Of Fed Policy Announcement

The major European markets closed weak on Wednesday with investors digesting earnings updates, the latest batch of economic data from the region, and looking ahead to the Federal Reserve and the Bank of England's monetary policy announcements.
RTTNews | vor 575 Tagen
Canadian Market Subdued In Cautious Trade Ahead Of Fed Policy

Canadian Market Subdued In Cautious Trade Ahead Of Fed Policy

The Canadian market is down marginally in late morning trades on Wednesday with investors digesting the preliminary reading on Canadian GDP for the month of December, and looking ahead to the Federal Reserve's monetary policy announcement due later in the day.
RTTNews | vor 575 Tagen
U.S. Dollar Drops Amid Soft ADP Data

U.S. Dollar Drops Amid Soft ADP Data

The U.S. dollar declined against its major counterparts in the New York session on Wednesday, as the nation's private sector job growth slowed more than expected in January.
RTTNews | vor 575 Tagen
Chicago Business Barometer Unexpectedly Indicates Faster Contraction In January

Chicago Business Barometer Unexpectedly Indicates Faster Contraction In January

MNI Indicators released a report on Wednesday showing Chicago-area business activity unexpectedly contracted at an accelerated rate in the month of January. The report said the Chicago business barometer slipped to 46.0 in January from an upwardly revised 47.2 in December, with a reading below 50 indicating a contraction.
RTTNews | vor 575 Tagen

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