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Forex News
Asian Markets Mostly Lower
Asian stock markets are trading mostly lower on Thursday, following the mostly negative cues from global markets overnight, as traders are nervous over the outlook for interest rates as the Bank of Canada once again raised interest rates after leaving rates unchanged for two straight meetings. Asian Markets closed mixed on Wednesday.
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722 days ago
Japanese Market Slightly Higher
The Japanese stock market is slightly higher in choppy trading on Thursday, recouping some of the losses in the previous session, with the Nikkei 225 staying above the 31,900 level, despite the mostly negative cues from global markets overnight, as traders reacted positively to upbeat GDP data released earlier in the day. Gains were seen across most sectors, led by commodity-linked stocks.
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722 days ago
Lower Open Called For Thai Stock Market
The Thai stock market has moved higher in two of three trading days since the end of the three-day slide in which it had fallen almost 20 points or 1.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,535-point plateau and it's expected to be rangebound again on Thursday.
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722 days ago
Australian Market Slightly Lower
The Australian stock market is slightly lower on Thursday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 7,100 level, following the mostly negative cues from global markets overnight, with losses in gold miners and technology stocks, almost offset by gains in iron ore miners and energy stocks amid firmer commodity prices.
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722 days ago
Indonesia Stock Market Expected To Remain Rangebound
The Indonesia stock market has moved higher in two of three trading days since the end of the five-day losing streak in which it had stumbled more than 110 points or 1.8 percent. The Jakarta Composite Index now rests just beneath the 6,620-point plateau although it may tick lower again on Thursday.
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722 days ago
Hong Kong Shares Expected To Open Under Pressure
The Hong Kong stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had surged almost 900 points or 5 percent. The Hang Seng Index now rests just above the 19,250-point plateau although it's tipped to see renewed consolidation on Thursday.
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722 days ago
Renewed Selling Pressure Anticipated For China Stocks
The China stock market ticked higher again on Wednesday, one day after ending the three-day winning streak in which it had collected almost 30 points or 0.9 percent. The Shanghai Composite Index now rests just beneath the 3,200-point plateau although it's likely to head south again on Thursday.
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722 days ago
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Tech Shares May Weigh On Taiwan Stock Market
The Taiwan stock market has moved higher in four straight sessions, gathering more than 410 points or 2.5 percent along the way. The Taiwan Stock Exchange now sits just above the 16,920-point plateau although investors figure to cash in on Thursday,
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722 days ago
Japan Overall Bank Lending Rises 3.4% On Year In May
Overall bank lending in Japan was up 3.4 percent on year in May, the Bank of Japan said on Thursday - coming in at 602.335 trillion yen.
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722 days ago
Singapore Shares May Take Further Damage On Thursday
The Singapore stock market on Wednesday halted the three-day winning streak in which it had gained more than 20 points or 0.7 percent. The Straits Times Index now sits just beneath the 3,180-point plateau and it may extend its losses on Thursday.
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722 days ago
Japan GDP Climbs 0.7% On Quarter In Q1
Japan's gross domestic product expanded a seasonally adjusted 0.7 percent on quarter in the first three months of 2023, the Cabinet Office said on Thursday.
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722 days ago
Losses May Accelerate For Malaysia Stock Market
The Malaysia stock market headed south again on Wednesday, one session after snapping the four-day losing streak in which it had slumped almost 25 points or 1.5 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,380-point plateau and it may take further damage on Thursday.
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722 days ago
Rally May Stall For South Korea Stock Market
The South Korea stock market had moved higher in three straight sessions, advancing more than 45 points or 1.8 percent along the way. The KOSPI now sits just above the 2,615-point plateau although it's likely to see profit taking on Thursday.
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722 days ago
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