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Forex News
European Shares Set For Soft Start Ahead Of ECB Rate Decision
European stocks may open lower on Thursday amid U.S.-Iran tensions and interest-rate hike concerns. Technology stocks could be in focus after Oracle reported quarterly capital expenditure that exceeded estimates.
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2h 59min ago
European Economic News Preview: ECB Policy Decision Due
The monetary policy announcement from the European Central Bank is the top economic news due on Thursday. At 2.00 am ET, Statistics Sweden publishes inflation data for May. Economists forecast consumer prices to grow 0.8 percent on a yearly basis, in contrast to the 0.1 percent fall in April.
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3h 5min ago
Indian Shares Open Lower On Weak Global Cues
Indian shares opened lower on Thursday, tracking weak cues from global markets amid concerns over rising U.S.-Iran tensions and potential Federal Reserve rate hikes later this year.
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3h 56min ago
Australian Market Trims Early Losses In Mid-market
The Australian market is trimming its early losses in mid-market moves on Thursday, but reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,650 level, with weakness across most sectors led by mining and technology stocks. Energy stocks were the only bright spot.
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5h 11min ago
Asian Markets Track Wall Street Lower
Asian markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, as traders remain cautions amid concerns about the Middle East conflict intensifying after U.S. retaliation to Iran's downing of a U.S. helicopter and Iran's counter-attacks delayed an amicable U.S.-Iran peace deal and an early reopening of the Strait of Hormuz.
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5h 32min ago
Indian Shares Likely To Open On Cautious Note
Indian shares are likely to open on a cautious note on Thursday as concerns mounted about a re-escalation of the Middle East conflict and a stronger U.S. inflation print reinforced expectations that borrowing costs would remain higher for longer.
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5h 57min ago
Thai Stock Market May Take Further Damage On Thursday
The Thai stock market turned lower again on Wednesday, one day after ending the two-day slide in which it had given up more than 30 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,560-point plateau and the losses may accelerate on Thursday.
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6h 36min ago
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Rally May Stall For Indonesia Stock Market
The Indonesia stock market has climbed higher in back-to-back sessions, accelerating more than 550 points or 9 percent in that span. The Jakarta Composite Index now sits just above the 5,900-point plateau although it may run out of steam on Thursday.
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7h 6min ago
Taiwan Stock Market May Give Up Support At 43,000 Points
The Taiwan stock market headed south again on Wednesday, one day after ending the three-day losing streak in which it had plunged almost 3,000 points or 6.7 percent. The Taiwan Stock Exchange now sits just above the 43,225-point plateau and it's predicted to open in the red again on Thursday.
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7h 6min ago
Japanese Market Significantly Lower
The Japanese market is trading significantly lower on Thursday, extending the sharp losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 63,550 level, with weakness across most sectors led by automaker, financial and exporter stocks.
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7h 13min ago
Losing Streak May Continue For Hong Kong Shares
The Hong Kong stock market has moved lower in six straight sessions, slumping almost 1,550 points or 6.5 percent along the way. The Hang Seng Index now sits just above the 24,400-point plateau and it's looking at another soft start again on Thursday.
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7h 21min ago
Lower Open Called For China Stock Market
The China stock market turned lower again on Wednesday, one day after ending the three-day slide in which it had slumped more than 125 points or 3 percent. The Shanghai Composite Index now sit just above the 3,990-point plateau and it's tipped to open under pressure again on Thursday.
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7h 36min ago
Australian Market Significantly Lower
The Australian market is trading significantly lower on Thursday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,600 level, with weakness across most sectors led by mining and technology stocks. Energy stocks were the only bright spot.
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7h 42min ago
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