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Forex News
Japan Bourse May Extend Thursday's Gains
The Japanese stock market bounced higher again on Thursday, one day after halting the seven-day winning streak in which it had rallied more than 2,600 points or 7.6 percent. The Nikkei 225 now sits just shy of the 36,930-point plateau and it may add to its winnings on Friday.
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7 days ago
South Korea Has $9.14 Billion Current Account Surplus
South Korea posted a current account surplus of $9.14 billion in March, the Bank of Korea said on Friday - up from $7.18 billion in February.
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7 days ago
Win Streak May Continue For South Korea Shares
The South Korea stock market has climbed higher in three straight sessions, collecting more than 20 points or 0.8 percent along the way. The KOSPI now sits just shy of the 2,580-point plateau and it may see additional support on Friday.
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7 days ago
China Trade Data Due On Friday
China will on Friday release April figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
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7 days ago
Swiss Franc Falls Against U.S. Dollar, Pound
The Swiss franc dropped against the U.S. dollar and the pound in the New York session on Thursday.
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7 days ago
Euro Weakens Against Some Majors
The euro dropped against some of major counterparts in the New York session on Thursday.
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7 days ago
Swiss Market Ends Moderately Lower
After a positive start and a subsequent mild setback, the Switzerland market recovered and stayed firm till a little past mid afternoon on Thursday, but turned weak and ended the day's session moderately lower.
Investors digested the monetary policy moves of the Federal Reserve and the Bank of England, and reports about the U.S. and the U.K. striking a trade deal.
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7 days ago
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European Stocks Close On Firm Note On Easing Trade Tensions
European stocks closed on a firm note on Thursday with investors reacting to earnings, and news about an impending trade deal between the U.S. and the U.K., and digesting the Bank of England and the Federal Reserve's monetary policy moves.
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7 days ago
Canadian Market Firmly Higher; Energy, Consumer Discretionary Stocks Rise
The Canadian market is firmly placed in positive territory a little past noon on Thursday with stocks from energy, communications, healthcare and consumer discretionary sectors contributing to the upmove.
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7 days ago
U.S. Wholesale Inventories Climb Slightly Less Than Expected In March
The Commerce Department released a report on Thursday showing wholesale inventories in U.S. increased by slightly less than expected in the month of March. The report said wholesale inventories rose by 0.4 percent in March after climbing by an upwardly revised 0.5 percent in February.
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7 days ago
U.S. Labor Productivity Decreases For First Time Since 2022
The Labor Department released a report on Thursday showing a pullback by U.S. labor productivity in the first quarter of 2025 along with a sharp increase by unit labor costs. The report said labor productivity fell by 0.8 percent in the first quarter after jumping by an upwardly revised 1.7 percent in the fourth quarter of 2024.
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7 days ago
U.S. Weekly Jobless Claims Dip Slightly More Than Expected
First-time claims for U.S. unemployment benefits saw a modest decline in the week ended May 3rd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 228,000, a decrease of 13,000 from the previous week's unrevised level of 241,000. Economists had expected jobless claims to slip to 230,000.
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7 days ago
Bank Of England Cuts Key Rate By 25 Bps Amid Trade Tariff Concerns
The Bank of England reduced its interest rate by a quarter-point on Thursday, as policymakers judged that higher trade tariffs warrant such action amid slowing inflation. In a three-way split, the Monetary Policy Committee, governed by Andrew Bailey, lowered the bank rate to 4.25 percent. This was the fourth such reduction since last August.
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7 days ago
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