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Forex News
DAX Rises As Siemens Q4 Profit Beats Estimates
German stocks rose notably on Thursday, as Siemens posted a better-than-expected fourth-quarter profit and industry data showed Europe's new car registrations increased for the third straight month in October.
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913 days ago
Asian Shares Mixed On China Worries, Hawkish Fed Comments
Asian stocks ended mixed on Thursday, with worries about ongoing China's COVID curbs and hawkish remarkets from a slew of Federal Reserve officials keeping investors nervous.
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913 days ago
Amazon Begins Job Cuts, Says Some Roles No Longer Required
Amazon began to implement job cuts, starting with devices and services division, citing difficult economy. The tech giant did not reveal the number of employees affected, but earlier this week, reports had said it was planning to lay off about 10,000 employees in corporate and technology roles.
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913 days ago
European Economics Preview: UK Autumn Budget Statement Due
UK Chancellor of the Exchequer Jeremy Hunt is set to deliver his Autumn Statement on Thursday. At 2.00 am ET, the European Automobile Manufacturers' Association is slated to issue Europe's passenger car registrations.
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913 days ago
European Shares May Follow Asian Peers Lower On Fed Uncertainty
European stocks are seen opening lower on Thursday, as investors fret about the impact of China's zero-COVID strategy and stalling U.S. consumer spending, heading into the holiday season.
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913 days ago
Sensex, Nifty Marginally Lower In Early Trade; Paytm Shares Plunge 9%
Indian shares opened on a tepid note Thursday, tracking weakness across global markets.
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913 days ago
Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from global markets overnight, as traders closely followed the developments on the geopolitical front following a missile blast in Poland. Traders were also digesting a mixed batch of U.S. economic data, which added to recent uncertainty about the outlook for interest rates.
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913 days ago
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Sensex, Nifty Set To Drift Lower On Hawkish Fed Comments
Indian shares may open on a tepid note Thursday, mirroring weak global cues. Moves in the forex and bond markets may sway sentiment as the day progresses.
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913 days ago
Thai Stock Market May Extend Wednesday's Losses
The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had slumped more than a dozen points or 0.7 percent. The Stock Exchange of Thailand now rests just beneath the 1,620-point plateau and it's expected to open in the red again on Thursday.
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913 days ago
Indonesia Bourse May Test Support At 7,000 Points
The Indonesia stock market has alternated between positive finished through the last seven trading days since the end of the three-day winning streak in which it had advanced more than 85 points or 1.2 percent. The Jakarta Composite Index now sits just beneath the 7,015-point plateau and it may open under pressure again on Thursday.
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913 days ago
Japanese Market Slightly Lower
The Japanese stock market is slightly lower in choppy trading on Thursday, extending the slight gains in the previous two sessions, with the Nikkei 225 staying above the 28,000 mark, following the broadly negative cues from global markets overnight, as weakness in technology stocks were partially offset by gains in exporters and financial stocks.
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913 days ago
Australian Market Modestly Lower
The Australian stock market is modestly lower on Thursday, extending the losses in the previous three sessions, with the benchmark S&P/ASX 200 staying below the 7,200 level, following the broadly negative cues from global markets overnight, as some gains in technology and financial stocks were more than offset by losses in energy and mining stocks amid weaker commodity prices.
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913 days ago
More Profit Taking Expected For Hong Kong Shares
The Hong Kong stock market on Wednesday ended the three-day winning streak in which it had skyrocketed more than 2,325 points or 14.1 percent. The Hang Seng Index now rests just above the 18,250-point plateau and it may see continued consolidation on Thursday.
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913 days ago
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