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Actualités Forex
Sensex, Nifty Open Higher On Hopes For Fed Rate Cuts
Indian shares opened on a positive note Friday as soft labor market data from the U.S. added to expectations for rate cuts by the Federal Reserve in the coming months.
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Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from global markets overnight, after data showing a much bigger than expected increase in U.S. jobless claims for last week added to recently renewed optimism that the US Fed will lower interest rates by September. Asian markets ended mixed on Thursday.
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Sensex, Nifty Seen Opening Up As Treasury Yields Dip
Indian shares look set to open higher on Friday as soft labor market data from the U.S. dented demand for the dollar and Treasury yields.
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Japanese Market Significantly Higher
Recouping some of the losses in the previous two sessions, the Japanese stock market is significantly higher on Friday, following the broadly positive cues from global markets overnight. The benchmark Nikkei 225 is moving above the 38,300 level, with gains across most sectors led by index heavyweights and financial stocks.
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Thai Stock Market May Halt Its Slide On Friday
The Thai stock market has moved lower in consecutive trading days, sinking more than 7 points or 0.5 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,370-point plateau although it's due for support on Friday.
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Australian Market Notably Higher
Recouping some of the losses in the previous session, the Australian stock market is notably higher on Friday, following the broadly positive cues from global markets overnight. The benchmark S&P/ASX 200 is staying above the 7,700 level, with gains across most sectors led by mining and energy stocks amid a spike in commodity prices, and technology stocks.
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Hong Kong Shares May Extend Thursday's Gains
The Hong Kong stock market on Thursday ended the two-day slide in which it had slumped more than 260 points or 1.4 percent. The Hang Seng Index now sits just above the 18,530-point plateau and it's tipped to open in the green again on Friday.
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Higher Open Called For China Stock Market
The China stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had collected more than 40 points or 1.3 percent. The Shanghai Composite Index now sits just beneath the 3,155-point plateau and it may see additional support on Friday.
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Rebound Predicted For Taiwan Shares
The Taiwan stock market on Thursday ended the four-day winning streak in which it had advanced more than 480 points or 2.3 percent. The Taiwan Stock Exchange now sits just above the 20,560-point plateau although it's likely to see renewed support on Friday.
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Japan Has Y3.398 Trillion Current Account Surplus
Japan posted a current account surplus of 3.398 trillion yen in March, the Ministry of Finance said on Friday - up 44 percent from the previous year.
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Japan Household Spending Slips 1.2% On Year In March
The average of household spending in Japan was down 1.2 percent on year in March, the Ministry of Internal Affairs and Communications said on Friday - coming in at 318,713 yen.
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Additional Support Anticipated For Singapore Shares
The Singapore stock market on Thursday snapped the two-day slide in which it had dropped almost 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,265-point plateau and it may add to its winnings on Friday.
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Malaysia Bourse: Strong Support At 1,600 Points
The Malaysia stock market has moved lower in back-to-back sessions, slipping almost 5 points or 0.3 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may stop the bleeding on Friday.
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