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Actualités Forex
China Stock Market Tipped To Add To Its Winnings
The China stock market has finished higher in four straight sessions, advancing more than 60 points or 1.9 percent along the way. The Shanghai Composite Index now rests just shy of the 3,250-point plateau and it's expected to continue its winning run.
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Japan Has Y229.0 Billion Current Account Surplus
Japan posted a current account surplus of 229.0 billion yen in July, the Ministry of Finance said on Thursday - down 86.6 percent from a year ago.
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Japan Bank Lending Climbs 1.9% On Year In August
The value of overall bank lending in Japan was up 1.9 percent on year in August, the Bank of Japan said on Thursday - coming in at 587.929 trillion yen.
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Rebound Anticipated For Taiwan Stock Market
The Taiwan stock market headed south again on Wednesday, one day after halting the three-day losing streak in which it had stumbled more than 425 points or 3 percent. The Taiwan Stock Exchange now rests just above the 14,410-point plateau, although it's expected to see renewed support on Thursday.
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Japan GDP Jumps 3.5% On Year In Q2
Japan's gross domestic product expanded an annualized 3.5 percent on year in the second quarter of 2022, the Cabinet Office said on Thursday - beating expectations for a gain of 2.9 percent and up from 0.1 percent in the previous three months.
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Singapore Stock Market Tipped To Erase Wednesday's Losses
The Singapore stock market on Wednesday ended the two-day winning streak in which it had gathered almost 20 points or 0.6 percent. The Straits Times Index now rests just above the 3,210-point plateau, although it's expected to rebound again on Thursday.
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Malaysia Stock Market May Check Resistance At 1,500 Points
The Malaysia stock market on Wednesday wrote a finish to the four-day losing streak in which it had stumbled almost 25 points or 1.6 percent. The Kuala Lumpur Composite Index new rests just above the 1,490-point plateau and it may add to its winnings on Thursday.
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Renewed Support Anticipated For South Korea Shares
The South Korea stock market headed south again on Wednesday, one session after snapping the three-day losing streak in which it had dropped almost 70 points or 2.9 percent. The KOSPI now rests just above the 2,375-point plateau although it's expected to bounce higher again on Thursday.
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Japan GDP Data Due On Thursday
Japan will on Thursday release final Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to rise 0.7 percent on quarter and 2.9 percent on year following the flat quarterly reading and the 0.1 percent annualized gain.
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TSX Recovers After Weak Start, Ends On Firm Note
After a weak start, the Canadian market emerged higher Wednesday morning and stayed firm right till the end of the session to finish on a fairly strong note.
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Dollar Turns Weak Against Major Counterparts
The U.S. dollar rose to a fresh 20-year high in the European session on Wednesday, hitting a 24-year peak against the Japanese currency.
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Fed's Beige Book Says U.S. Economic Activity Unchanged, Prices Remain Elevated
Economic activity in the U.S. has been essentially unchanged since early July, according to the Federal Reserve's Beige Book released on Wednesday. The Beige Book, a compilation of anecdotal evidence on economic conditions in each of the twelve Fed districts, noted five districts reported slight to modest growth in activity and five others reported slight to modest softening.
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Swiss Market Ends On Weak Note After Cautious Session
Save for a few minutes around mid-morning, the Switzerland stock market stayed weak on Wednesday as worries about slowing growth amid rising interest rates weighed on sentiment, prompting investors to stay cautious.
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