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Forex News
Australian, NZ Dollars Fall Amid Rising Risk Aversion Before U.S. CPI
The Australian and NZ dollars weakened against their major counterparts in the Asian session on Thursday, as most Asian shares fell ahead of U.S. inflation data that could offer clues on the Federal Reserve's policy outlook.
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918 days ago
European Economics Preview: Italy Industrial Production Data Due
Industrial production from Italy is due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway is set to publish consumer and producer prices for October. Consumer price inflation is seen at 7.1 percent versus 6.9 percent in September.
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918 days ago
Philippine Q3 Economic Growth Accelerates Unexpectedly
The Philippine economy expanded at a faster-than-expected pace in the third quarter on household consumption and investment, official data revealed Thursday. Gross domestic product logged an annual expansion of 7.6 percent after rising 7.5 percent a quarter ago, the Philippine Statistics Authority said. The pace of growth was forecast to ease to 6.3 percent. Moreover, this was the sixth straigh
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919 days ago
European Shares May See Cautious Start Ahead Of US Inflation Data
European stocks may open slightly lower on Thursday. as traders shift their attention to the U.S. consumer inflation report due later in the day that could show some moderation from a peak set during the summer.
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919 days ago
Sensex, Nifty Drift Lower On Weak Global Cues; Pharma Stocks Shine
Indian shares opened lower on Thursday, tracking weak global markets as traders grappled with inconclusive U.S. midterm election results and a turbulent cryptocurrency market.
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919 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 a stronger U.S. dollar weighed on crude oil prices and on most of its major Asian rivals. Traders are also cautious ahead of release of the crucial U.S. inflation data later in the day, which could have a significant impact on the outlook for interest rate hikes.
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919 days ago
Sensex, Nifty Seen Tad Lower As US Vote Count Continues
Indian shares may open a tad lower on Thursday amid uncertainty surrounding U.S. midterm election results and ahead of U.S. consumer price inflation data due later in the day, which might suggest the path for interest rates ahead.
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919 days ago
more news
Thai Stock Market May See Continued Consolidation
The Thai stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had risen just a single point. The Stock Exchange of Thailand now rests just beneath the 1,620-point plateau and it's predicted to open under pressure again on Thursday.
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919 days ago
Japanese Market Sharply Lower
The Japanese stock market is sharply lower in choppy trading on Thursday, extending the losses in the previous session, with the Nikkei 225 just a tad above the 27,400 level, following the broadly negative cues from global markets overnight, with exporters, technology and financial stocks leading the declines.
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919 days ago
Indonesia Stock Market May Reverse Wednesday's Gains
The Indonesia stock market bounced higher again on Wednesday, one day after snapping 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 above the 7,070-point plateau, although it's expected to see renewed selling pressure on Thursday.
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919 days ago
Australian Market Modestly Lower
The Australian stock market is modestly lower on Thursday, snapping a four-session winning streak, with the benchmark S&P/ASX 200 falling below the 7,000 mark, following the broadly negative cues from global markets overnight, with the decline led by technology, resources and energy stocks amid the drop in commodity prices.
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919 days ago
Hong Kong Stock Market May Take Further Damage On Thursday
The Hong Kong stock market has finished lower in back-to-back sessions, slumping more than 230 points or 1.4 percent along the way. The Hang Seng Index now rests just beneath the 16,360-point plateau and it may extend its losses on Thursday.
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919 days ago
China Stock Market May Extend Losing Streak
The China stock market has tracked lower in two straight sessions, slumping almost 30 points or 1 percent along the way. The Shanghai Composite Index now sits just beneath the 3,050-point plateau and it may take further damage on Thursday.
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919 days ago
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