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Actualités Forex
European Shares Set To Drift Lower After Powell Comments
European stocks may open on a sluggish note Friday after Federal Reserve Chair Jerome Powell signaled a cautious approach on rate cuts, given persistent inflationary pressures.
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Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as traders react to a bunch of upbeat economic data from the region, including upbeat GDP data from Japan. Regional gains remained very modest after the U.S. Fed said it would slash interest rates carefully amid inflation pressures. Asian markets ended mixed on Thursday.
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Indian Markets Closed For Public Holiday
Indian stock markets remain closed today on account of Guru Nanak Jayanti.
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China Industrial Output Rises 5.3% On Year In October
Industrial production in China was up 5.3 percent on year in October, the National Bureau of Statistics said on Friday - slowing from 5.4 percent in September and missing expectations for 5.5 percent.
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Japanese Market Significantly Higher
Snapping a three-session losing streak, the Japanese stock market is significantly higher on Friday, despite the broadly negative cues from Wall Street overnight. The benchmark Nikkei 225 is moving well above the 38,800 level, with gains across all sectors led by index heavyweights and technology stocks as traders reacted to solid domestic GDP data.
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Thai Shares Tipped To Open In The Red On Friday
The Thai stock market turned lower again on Thursday, one day after snapping the three-day losing streak in which it had slumped almost 25 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and it's expected to open under pressure again on Friday.
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Australian Market Notably Higher
The Australian stock market is notably higher on Friday, adding to the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 8,200 level, with gains across most sectors led by gold miners and technology stocks.
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more news
Indonesia Bourse May Give Up Support At 7,200 Points
The Indonesia stock market has finished lower in back-to-back sessions, shedding almost 110 points or 1.3 percent along the way. The Jakarta Composite Index now rests just beneath the 7,215-point plateau and it's expected to extend its slide again on Friday.
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Oversold Hang Seng Nonetheless Called Lower Again
The Hong Kong stock market has moved lower in five straight sessions, slumping more than 1,600 points or 7.6 percent along the way. The Hang Seng Index now sits just beneath the 19,435-point plateau and it's got another negative lead for Friday's trade.
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Continued Consolidation May Plague China Shares
The China stock market has alternated between positive and negative finishes through the last seven trading days since the end of the two-day winning streak in which it had spiked more than 110 points or 3.3 percent. The Shanghai Composite now sits just beneath the 3,380-point plateau and it may take further damage on Friday.
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Soft Start Anticipated For Taiwan Stock Market
The Taiwan stock market has moved lower in four straight sessions, tumbling almost 850 points or 3.6 percent along the way. The Taiwan Stock Exchange now rests just above the 22,715-point plateau and it's expected to open to the downside again on Friday.
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Japan GDP Adds 0.2% On Quarter In Q3
Japan's gross domestic product expanded by a seasonally adjusted 0.2 percent on quarter in the third quarter of 2024, the Cabinet Office said in Friday's preliminary report.
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Singapore Bourse May Spin Its Wheels On Friday
The Singapore stock market has moved higher in two straight sessions, collecting more than 25 points or 0.7 percent along the way. The Straits Times Index now sits just beneath the 3,740-point plateau although it may run out of steam on Friday.
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