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Actualités Forex
Asian Stocks Turning In Mixed Performance
Asian stocks are turning in a mixed performance on Friday, after having surged higher in the previous session thanks to the People's Bank of China's unexpected move to cut its reserve requirement ratio for local banks freed up about 2 trillion yuan in liquidity.
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Rebound Expected For Thai Stock Market
The Thai stock market headed south again on Thursday, one day after ending the two-day slide in which it had stumbled more than 25 points or 1.7 percent. The Stock Exchange of Thailand now sits just above the 1,375-point plateau although it figures to bounce higher again on Friday.
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Indonesia Shares May Find Traction On Friday
The Indonesia stock market has moved lower in two straight sessions, shedding almost 80 points or 1.1 percent along the way. The Jakarta Composite Index now sits just beneath the 7,180-point plateau although it may find support on Friday.
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Hong Kong Shares Tipped To Open To The Upside
The Hong Kong stock market has moved higher in three straight sessions, surging almost 1,260 points or 8.3 percent along the way. The Hang Seng Index now rests just above the 16,210-point plateau and it's likely to open in the green again on Friday.
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Higher Open Called For China Stock Market
The China stock market has moved higher in three straight sessions, accelerating almost 150 points or 5.4 percent along the way. The Shanghai Composite Index now rests just above the 2,900-point plateau and it has a positive lead again for Friday's trade.
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Overbought Taiwan Shares Nonetheless Called Higher On Friday
The Taiwan stock market has moved higher in six straight sessions, rallying more than 825 points or 4.7 percent along the way. The Taiwan Stock Exchange now sits just above the 19,000-point plateau and it's expected to open higher again on Friday.
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Japan Producer Prices Climb 2.4% On Year In December
Producer prices in Japan were up 2.4 percent on year in December, the Bank of Japan said on Friday.
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BoJ Minutes: Economic Recovery Expected To Continue
Members of the Bank of Japan's Monetary Policy Board acknowledged that the country's economy continues to recover, minutes from the bank's December 18-19 meeting revealed on Friday - and that trend is expected to continue.
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Singapore Shares Expected To Remain Rangebound On Friday
The Singapore stock market turned lower again on Thursday, one day after ending the two-day losing streak in which it had slipped more than 15 points or 0.4 percent. The Straits Times Index now sits just beneath the 3,150-point plateau although it's expected to see renewed support on Friday.
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Win Streak May Continue For Malaysia Stock Market
Ahead of Thursday's holiday for Thaipusam, the Malaysia stock market had moved higher in four straight sessions, collecting almost 25 points or 1.5 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,500-point plateau and it may add to its winnings on Friday.
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KOSPI May Challenge Resistance At 2,500 Points
The South Korea stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had advanced more than 35 points or 1.4 percent. The KOSPI market now rests just above the 2,470-point plateau and it's expected to extend its gains on Friday.
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Dollar Gains Against Major Counterparts
The U.S. dollar firmed against its major counterparts on Thursday, after data showed stronger than expected fourth-quarter GDP growth, and an upward revision in durable goods orders in the month of December.
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BoJ Minutes On Tap For Friday
The Bank of Japan will on Friday release the minutes from its monetary policy meeting on December 18-19, highlighting a modest day for Asia-Pacific economic activity.
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