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Actualités Forex
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain cautiously optimistic because of an improving outlook for interest rates. Though the US Fed is still widely expected to raise rates by another quarter point next week, traders are hopeful it is nearing the end of its interest rate hikes.
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Indian Shares Likely To Open Flat
Indian shares are likely to see a flat start on Thursday, tracking Asian markets, and the somewhat subdued close on Wall Street overnight.
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Japanese Market Significantly Lower
The Japanese stock market is significantly lower on Thursday, giving up the gains in the previous two sessions, with the Nikkei 225 falling a tad below the 32,600 level, despite the broadly positive cues from Wall Street overnight, with losses across most sectors, led by technology stocks.
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Indonesia Stock Market Due For Support On Thursday
Ahead of Wednesday's holiday for the Islamic New Year, the Indonesia stock market had moved lower in two straight sessions, sinking almost 40 points or 0.4 percent along the way. The Jakarta Composite Index now sits just above the 6,830-point plateau although it's expected to move higher again on Thursday.
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Higher Open Anticipated For Hong Kong Stock Market
The Hong Kong stock market has moved lower in consecutive trading days, dropping more than 460 points or 2.6 percent along the way. The Hang Seng Index now sits just above the 18,950-point plateau and it's tipped to halt its slide on Thursday.
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Mild Upside Predicted For China Stock Market
The China stock market on Wednesday ended the two-day slide in which it had dropped almost 40 points or 1.3 percent. The Shanghai Composite Index now sits just shy of the 3,200-point plateau and it may inch higher again on Thursday.
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Taiwan Stock Market Expected To Halt Its Slide
The Taiwan stock market has finished lower in back-to-back sessions, slumping almost 220 points or 1.3 percent along the way. The Taiwan Stock Exchange now rests just above the 17,115-point plateau although it figures to find traction on Thursday.
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more news
Japan Trade Surplus Y43.05 Billion In June
Japan posted a merchandise trade surplus of 43.048 billion yen in June, the Ministry of Finance said on Thursday.
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Singapore Stock Market May Extend Wednesday's Gains
The Singapore 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 picked up more than 80 points or 2.5 percent. The Straits Times Index now rests just above the 3,275-point plateau and it's expected to bounce higher again on Thursday.
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Malaysia Bourse May Find Traction On Thursday
Ahead of Wednesday's holiday for the Islamic New Year, the Malaysia stock market had moved lower in two straight sessions, slipping almost 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,405-point plateau although it figures to stop the bleeding on Thursday.
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Additional Support Anticipated For KOSPI
The South Korea stock market on Wednesday snapped the two-day slide in which it had fallen more than 20 points or 0.8 percent along the way. The KOSPI now rests just shy of the 2,610-point plateau and it may tick higher again on Thursday.
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Australia Unemployment Data Due On Thursday
Australia will on Thursday release June figures for unemployment, highlighting a busy day for Asia-Pacific economic activity.
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Dollar Gains Against Major Counterparts
The U.S. dollar firmed against most of its major counterparts on Wednesday after data showing UK inflation fell to a 15-month low weighed on Pound Sterling, and dovish comments from Bank of Japan Governor hurt Yen.
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