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Berita Forex
Sensex, Nifty Seen Tad Higher At Open
Indian shares are likely to see modest gains at open on Thursday, though volatility cannot be ruled out due to surging oil prices and elevated bond yields on concerns about further U.S. rate hikes.
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Japanese Market Sharply Lower
The Japanese market pared the gains in the previous session and is trading sharply lower on Thursday following the mixed cues from Wall Street overnight. The Nikkei 225 fell below the 32,100 level, with losses in index heavyweights and technology stocks, partially offset by gains in financial stocks.
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Australian Market Modestly Higher
The Australian market pared early losses to trade modestly higher on Thursday, after the losses in the previous three sessions and following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 staying above the 7,000 mark, with gains in iron ore miner stocks and energy stocks partially offset by losses in gold miner stocks.
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TSX Ends Weak For 2nd Straight Day
The Canadian market ended notably lower for a second successive session, as stocks tumbled on Wednesday amid rising concerns about interest rates and the outlook for global economic growth.
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Dollar Gaining Against Major Counterparts
The U.S. dollar gained against most of its major counterparts on Wednesday amid continued bets interest rates will remain higher for longer than previously thought, and the world's largest economy will see significant growth despite tight monetary policy.
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Canadian Stocks Losing Ground, Set To End Notably Lower Again
Canadian stocks are down firmly in negative territory Wednesday afternoon due to sustained selling amid rising concerns about interest rates and economic slowdown.
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Swiss Market Fails To Hold Early Gains, Ends Moderately Lower
After opening higher and staying positive till noon on Wednesday, the Switzerland stock market turned a bit subdued and moved along the flat line till mid afternoon before drifting lower to end the day's session on a weak note.
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European Stocks Close Lower On Growth Worries, Interest Rate Concerns
European stocks closed weak after a choppy session on Wednesday, as persisting concerns about high interest rates, inflation, and economic slowdown rendered the mood cautious.
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Canadian Dollar Strengthens As Oil Prices Rise
The Canadian dollar climbed against its major counterparts in the European session on Wednesday, as oil prices advanced even as industry data showed U.S. crude oil stockpiles rose in the just-ended week, against expectations for a small drop.
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Nektar, Cellular Biomedicine Enter New Clinical Study Collaboration
Nektar Therapeutics (NKTR) announced Wednesday that it has entered into a new clinical study collaboration with Cellular Biomedicine Group Inc. (CBMG).
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U.S. Durable Goods Orders Unexpectedly Rebound 0.2% In August
After reporting a sharp pullback in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Wednesday unexpectedly showing a modest rebound in durable goods orders in the month of August. The Commerce Department said durable goods orders crept up by 0.2 percent in August after plunging by a revised 5.6 percent in July.
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Eurozone Money Supply Logs Record Fall; Bank Lending Growth Weakens
Eurozone money supply registered its biggest fall on record and bank lending grew at a much slower pace in August amid tightening monetary policy and weak economic activity, data published by the European Central Bank showed on Wednesday. The M3 money supply posted an annual decline of 1.3 percent, following July's 0.4 percent fall. This was the biggest fall on record.
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U.S. Durable Goods Orders Unexpectedly Edge Higher In August
A report released by the Commerce Department on Wednesday unexpectedly showed a modest rebound in new orders for U.S. manufactured durable goods in the month of August.
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