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DAX Rallies On Fed Optimism
German stocks climbed on Thursday amid optimism the Federal Reserve is nearing the end of its tightening cycle.
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Asian Shares Gain As Fed Keeps Options Open
Asian stocks advanced on Thursday after the U.S. Federal Reserve reiterated its fight against inflation and Chair Jerome Powell said staff economists at the central bank no longer foresee a recession.
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vor 662 Tagen
Antipodean Currencies Rise As Asian Shares Traded Higher
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Thursday, as investors reacted positively to the U.S. Fed's widely expected decision to resume hiking interest rates following a pause last month.
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vor 662 Tagen
Yen Rises Against Majors
The Japanese strengthened against other major currencies in the Asian session on Thursday.
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vor 662 Tagen
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Thursday.
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vor 662 Tagen
Hong Kong Central Bank Hikes Key Rate
Hong Kong's central bank raised its benchmark rate by a quarter-point on Thursday, in tandem with the decision of the US Federal Reserve. The Hong Kong Monetary Authority adjusted the Base Rate to 5.75 percent from 5.50 percent, with immediate effect.
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vor 662 Tagen
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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vor 662 Tagen
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European Economic News Preview: ECB Monetary Policy Announcement Due
The European Central Bank is slated to announce its monetary policy decision later today after the U.S. Federal Reserve hiked its benchmark rate by a quarter-point on Wednesday. Markets widely expect the ECB to raise the main refi rate again by 25 basis points, to 4.25 percent. The outcome of the governing council meeting held in Frankfurt is due at 8.15 am ET.
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vor 662 Tagen
European Shares Seen Opening Firm Ahead Of ECB Meet
European stocks may open a tad higher on Thursday as investors react to the Fed policy decision overnight and await further direction from the ECB rate announcement later in the day.
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vor 662 Tagen
Sensex, Nifty Rise On Firm Asian Cues, Tech Mahindra Slumps 4%
Indian shares opened on a buoyant note Thursday, tracking firm cues from other Asian markets after the U.S. Federal Reserve announced a 25-bps rate hike and left the door open for future hikes.
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vor 662 Tagen
Asian Markets Higher After Fed Decision
Asian stock markets are trading mostly higher on Thursday, despite the broadly negative cues from global markets overnight, as traders react to the US Fed's widely expected decision to resume hiking interest rates following a pause last month. The Fed decided to raise the target range for the federal funds rate by 25 basis points. Asian Markets closed mostly lower on Wednesday.
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vor 662 Tagen
Japanese Market Modestly Higher
The Japanese stock market is modestly higher in choppy trading on Thursday after opening in the red, snapping a four-session losing streak, with the Nikkei 225 moving above the 32,700 level, despite the broadly negative cues from global markets overnight, with gains in index heavyweights and technology stocks.
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vor 662 Tagen
Sensex, Nifty Seen Tad Higher On Less Hawkish Fed Hike
Indian shares are seen opening higher on Thursday as global sentiment improved on less hawkish Fed hike.
Encouraging earnings results from the likes of Cipla, Punjab National Bank and Tata Consumer Products may also aid sentiment.
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vor 662 Tagen
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