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Forex News
Australian Market Sharply Higher
Australian shares are trading sharply higher on Wednesday, recouping the slight losses in the previous session, with the benchmark S&P/ASX 200 moving well below the 7,900 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by financial and technology stocks. Gold miners were the only weak spot.
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50 days ago
Win Streak May Continue For China Stock Market
The China stock market has moved higher in two straight sessions, collecting almost 25 points or 0.8 percent along the way. The Shanghai Composite Index now sits just beneath the 3,300-point plateau and it may add to its winnings on Wednesday.
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50 days ago
Taiwan Stock Market Tipped To End Losing Streak
The Taiwan stock market has finished lower in back-to-back sessions, slumping more than 600 points or 3 percent in that span. The Taiwan Stock Exchange now sits just beneath the 18,800-point plateau although it's due for support on Wednesday.
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50 days ago
Overbought Singapore Shares Nonetheless Called Higher On Wednesday
The Singapore stock market has climbed higher in six straight sessions, rallying almost 290 points or 7.5 percent along the way. The Straits Times Index now sits just shy of the 3,800-point plateau and it's looking at another strong lead for Wednesday's trade.
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50 days ago
Malaysia Bourse May Reverse Tuesday's Losses
The Malaysia stock market on Tuesday ended the three-day winning streak in which it had collected almost 25 points or 1.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,485-point plateau, although it's expected to rebound again on Wednesday.
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50 days ago
Japanese Shares May Find Traction On Wednesday
The Japanese stock market has moved lower in consecutive trading days, slumping almost 210 points or 0.7 percent along the way. The Nikkei 225 now sits just above the 34,220-point plateau although it figures to stop the bleeding on Wednesday.
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50 days ago
Australia Manufacturing PMI Drops To 51.7 In April - S&P Global
The manufacturing sector in Australia continued to expand in April, albeit at a slower rate, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI score of 51.7.
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50 days ago
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KOSPI May Crack Resistance At 2,500 Points
The South Korea stock market on Tuesday ended the three-day winning streak in which it had climbed more than 40 points or 1.6 percent. The KOSPI now sits just shy of the 2,490-point plateau although it's expected to bounce higher again on Wednesday.
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50 days ago
Indonesia Interest Rate Decision Due On Wednesday
The central bank in Indonesia will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The benchmark lending rate (5.75 percent), deposit facility rate (5.00 percent) and lending facility rate (6.50 percent) are all seen to be unchanged.
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50 days ago
IMF Warns Of Tariff War Impact As Global Growth Projections Slashed
The International Monetary Fund slashed the global growth forecasts for this year and next on Tuesday, citing the potential impact of the trade tariffs imposed by U.S. President Donald Trump and cautioned against significant adverse effect on the world economy if the current trade tensions persist.
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50 days ago
Canadian Dollar Climbs Amid Risk Appetite
The Canadian dollar advanced against its major counterparts in the New York session on Tuesday, as investor sentiment improved after Treasury Secretary Scott Bessent said that the trade war between the US and China may de-escalate.
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50 days ago
Swiss Market Ends Marginally Down
The Switzerland market ended marginally down on Tuesday after languishing in negative territory right through the day's trading session.
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50 days ago
European Stocks Close Higher Despite Trade Jitters
The major European markets closed higher on Tuesday, recovering well from early losses, as investors picked up stocks despite lingering concerns about U.S. trade policy and President Donald Trump's criticism of Federal Reserve Chair Jerome Powell.
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50 days ago
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