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Asian Shares Rally On Rate Cut Optimism
Asian stocks rose on Thursday to hit five-month highs as the dollar eased and Treasury yields dipped to seven-month lows on bets for aggressive interest rate cuts by the Federal Reserve.
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584 days ago
U.S. Dollar Extends Fall Amid Rising Bets On Fed Rate Cut
The U.S. dollar extended its early weakness against other major currencies in the Asian session on Thursday, amid rising bets that the Federal Reserve will start cutting interest rates soon.
RTTNews
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585 days ago
European Shares Set To Rise As Rate Bets Firm Up
European stocks are likely to open higher on Thursday after yields on five- to 30-year U.S. Treasuries fell at least 10 basis points on Wednesday on dovish Fed bets.
RTTNews
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585 days ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews
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585 days ago
Sensex, Nifty Touch New Highs In Early Trade
Indian shares scaled new record highs on Thursday, as the dollar eased and Treasury yields touched seven-month lows amid rising bets that the Federal Reserve will start cutting interest rates soon.
RTTNews
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585 days ago
Asian Markets Track Global Markets Higher
Mirroring the broadly positive cues from global markets overnight, Asian stock markets are trading mostly higher on Thursday, as optimism over the outlook for interest rates into the New Year generated renewed buying interest. However, traders seemed cautious in buying stocks following the recent strength in the markets and also appeared hesitant to cash in on the recent gains.
RTTNews
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585 days ago
Japanese Market Notably Lower
Snapping the four-session winning streak, the Japanese stock market is notably lower on Thursday, despite the broadly positive cues from global markets overnight. The Nikkei 225 is falling to a tad above the 33,500 level, with losses across most sectors led by technology stocks as some traders booked profits after the recent winning streak.
RTTNews
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585 days ago
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Sensex, Nifty To Open Tad Higher As Yields Drop On Rate Cut Bets
Indian shares look set to open on a positive note Thursday after Wall Street stocks inched closer to record highs overnight on dovish Fed bets. Trading may turn somewhat volatile later in the day on the eve of the monthly expiry of December month derivative contracts.
RTTNews
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585 days ago
Rebound Anticipated For Thai Stock Market
The Thai stock market on Wednesday ended the nine-day winning streak in which it had surged almost 55 points or 3.6 percent. The Stock Exchange of Thailand now sits just above the 1,410-point plateau although it may bounce higher again on Thursday.
RTTNews
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585 days ago
Australian Market Modestly Higher
The Australian stock market is modestly higher on Thursday, extending the gains in the previous session, following the broadly positive cues from global markets overnight. The benchmark S&P/ASX 200 is moving to a tad below the 7,600 level to ten-month highs, with gains across most sectors led by mining and technology stocks.
RTTNews
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585 days ago
Win Streak May Continue For Indonesia Stock Market
The Indonesia stock market has moved higher in back-to-back sessions, collecting almost 35 points or 0.5 percent along the way. The Jakarta Composite Index now rests just shy of the 7,250-point plateau and it has a positive lead for Thursday's trade.
RTTNews
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585 days ago
Hong Kong Stock Market Expected To Open In The Green On Thursday
The Hong Kong stock market rebounded on Wednesday, one day after snapping the two-day winning streak in which it had picked up more than 110 points or 0.7 percent. The Hang Seng Index now rests just above the 16,620-point plateau and it's predicted to open to the upside again on Thursday.
RTTNews
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585 days ago
China Shares May See Continued Strength On Thursday
The China stock market has alternated between positive and negative finishes through the last seven trading days since the end of four-day losing streak in which it had slumped more than 70 points or 2.4 percent. The Shanghai Composite Index now sits just beneath the 2,915-point plateau and it's expected to open in the green again on Thursday.
RTTNews
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585 days ago
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