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Forex News
New Zealand Keeps Official Cash Rate Unchanged At 5.50%
The Reserve Bank of New Zealand on Wednesday announced that it is holding its Official Cash Rate steady at 5.50 percent - in line with expectations and unchanged.
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561 days ago
China Stock Market Tipped To Open In The Green
The China stock market on Tuesday ended the two-day slide in which it had fallen more than 30 points or 1 percent. The Shanghai Composite Index now sits just beneath the 3,040-point plateau and it may find continued strength on Wednesday.
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561 days ago
Australia Construction Work Climbs 1.3% In Q3
The value of total construction work done in Australia was up a seasonally adjusted 13 percent on quarter in the third quarter of 2023, the Australian Bureau of Statistics said on Wednesday - coming in at A$64.768 billion.
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561 days ago
Additional Support Predicted For Taiwan Stock Market
The Taiwan stock market on Tuesday wrote a finish to the four-day losing streak in which it had stumbled almost 280 points or 2.7 percent. The Taiwan Stock Exchange now sits just above the 17,340-point plateau and it may add to its winnings on Wednesday.
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561 days ago
Singapore Bourse May Find Traction On Wednesday
The Singapore stock market has tracked lower in four straight sessions, slumping almost 50 points or 1.6 percent along the way. The Straits Times Index now sits just above the 3,065-point plateau although it may stop the bleeding on Wednesday.
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561 days ago
Malaysia Stock Market May End Losing Streak
The Malaysia stock market has moved lower in back-to-back sessions, slipping almost 6 points or 0.4 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1,450-point plateau although it may find traction on Wednesday.
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561 days ago
Canadian Market Ends Flat
The Canadian market ended flat after a choppy ride on Tuesday as investors once against showed no big interest in making significant moves.
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561 days ago
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South Korea Shares May Extend Tuesday's Gains
The South Korea stock market on Tuesday snapped the two-day losing streak in which it had slipped almost 20 points or 0.8 percent. The KOSPI now sits just above the 2,520-point plateau and it may tick higher again on Wednesday.
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561 days ago
New Zealand Rate Decision Due On Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a light day in Asia-Pacific economic activity.
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561 days ago
Dollar Stays Weak Against Major Rivals Ahead Of Key Data
The U.S. dollar drifted lower against its major rivals on Tuesday amid expectations the Federal Reserve is done rising rates.
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561 days ago
Swiss Market Ends Weak For 2nd Straight Day
The Switzerland stock market ended moderately lower on Tuesday after languishing in negative territory right through the day's session.
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561 days ago
European Stocks Close Broadly Lower
European stocks closed mostly lower on Tuesday, weighed down by concerns about economic slowdown, and uncertainty about the outlook for interest rates following recent comments from ECB officials that the fight against inflation is not over yet.
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561 days ago
U.S. Dollar Weakens Against Majors
The U.S. dollar fell against its major counterparts in the New York session on Tuesday on hopes of a dovish pivot by the Federal Reserve.
Recent data has fuelled expectations that the Fed is done raising rates.
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561 days ago
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