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Commodity Currencies Rise Amid Risk Appetite

Commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday, as Asian Share markets traded higher amid optimism about near-term rate cuts by the U.S. Fed ahead of the release of key U.S. inflation data later in the day and tomorrow, which will affect the outlook for interest rates.
RTTNews | 593 days ago
European Economic News Preview: Italy Industrial Output Data Due

European Economic News Preview: Italy Industrial Output Data Due

Industrial production from Italy and Spain are the major economic reports due on Thursday, headlining a light day for the European economic news. At 3.00 am ET, Spain's INE releases industrial production data for November. Production had decreased 1.5 percent annually in October.
RTTNews | 593 days ago
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Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Mirroring the broadly positive cues from Wall Street overnight, Asian stock markets are trading mostly higher on Thursday, amid optimism about near-term rate cuts by the US Fed ahead of the release of key U.S. inflation data later in the day and tomorrow, which will affect the outlook for interest rates. Asian Markets closed mostly lower on Wednesday.
RTTNews | 593 days ago
Japanese Market Sharply Higher

Japanese Market Sharply Higher

Extending the gains in the previous three sessions, the Japanese stock market is sharply higher on Thursday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is adding more than 600 points and is moving above the 35,000 mark to fresh 34-year highs, with gains across most sectors led by index heavyweights, exporters and financial stocks.
RTTNews | 593 days ago
Thai Stock Market May Stop The Bleeding On Thursday

Thai Stock Market May Stop The Bleeding On Thursday

The Thai stock market has moved lower in four straight sessions, slipping more than 20 points or 1.3 percent along the way. The Stock Exchange of Thailand now rests just shy of the 1,415-point plateau although it's expected to bounce higher on Thursday.
RTTNews | 593 days ago
Additional Support Anticipated For Indonesia Shares

Additional Support Anticipated For Indonesia Shares

The Indonesia stock market on Wednesday snapped the five-day losing streak in which it had tumbled more than 220 points or 3.1 percent. The Jakarta Composite Index now sits just above the 7,225-point plateau and it may add to its winnings on Thursday.
RTTNews | 593 days ago
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Thursday, recouping the slight losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving a tad above the 7,500 level, with gains in financial and technology stocks partially offset by losses in energy and mining stocks.
RTTNews | 593 days ago

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