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Berita Forex
Japan Overall Bank Lending Rises 2.7% On Year In November
Overall bank lending in Japan was up 2.7 percent on year in November, the Bank of Japan said on Wednesday - coming in at 592.470 trillion yen.
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Singapore Shares May Open Under Pressure On Thursday
The Singapore stock market has finished lower in two straight sessions, sinking more than 49 points or 1.3 percent along the way. The Straits Times Index now rests just above the 3,225-point plateau and it's tipped to open in the red again on Thursday.
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Japan GDP Slips 0.8% On Year In Q3
Japan's gross domestic product contracted 0.8 percent on year in the third quarter of 2022, the Cabinet Office said on Thursday.
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Little Movement Seen For Malaysia Stock Market
The Malaysia stock market has moved lower in four consecutive sessions, slipping almost 25 points or 1.7 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,465-point plateau and it's expected to remain in that neighborhood again on Thursday.
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Soft Start Anticipated For South Korea Stock Market
The South Korea stock market has closed lower in four straight sessions, sinking more than 95 points or 4 percent along the way. The KOSPI now rests just above the 2,380-point plateau and it's tipped to open under pressure again on Thursday.
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Japan GDP Data Due On Thursday
Japan will on Thursday release final Q3 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to contract 0.3 percent on quarter and 1.1 percent on year after rising 1.1 percent on quarter and 4.6 percent on year in the three months prior.
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Swiss Market Ends On Weak Note Again
The Switzerland market opened on a negative note on Wednesday and stayed weak right through the day's session with stocks moving in a tight range.
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European Stocks Close Lower Again On Rate Jitters, Recession Worries
European stocks closed lower on Wednesday, extending recent losses, as concerns that the Federal Reserve will continue with its aggressive rate hikes hurt sentiment.
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Canadian Market Retreats After Recovering From Weak Start
After a weak start and a subsequent recovery into positive territory Wednesday morning, the Canadian market retreated again and is marginally down in late morning trades.
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Bank Of Canada Raises Interest Rates By Another 50 Basis Points
The Bank of Canada on Wednesday announced its widely expected decision to raise interest rates by another half a percentage point, saying inflation remains "too high." The Canadian central bank increased its target for the overnight rate by 50 basis points to 4.25 percent, marking the seventh consecutive rate hike.
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U.S. Q3 Labor Productivity Growth Upwardly Revised To 0.8%
Revised data released by the Labor Department on Wednesday showed U.S. labor productivity increased by much more than initially estimated in the third quarter. The Labor Department said labor productivity climbed by 0.8 percent in the third quarter compared to the previously reported 0.3 percent uptick.
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Canadian Dollar Weakens As Recession Worries Weigh
The Canadian dollar declined against its major counterparts in European deals on Wednesday, as investors fear that continued monetary tightening in the U.S. could derail the economic growth.
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U.S. Labor Productivity Climbs More Than Previously Estimated In Q3
Revised data released by the Labor Department on Wednesday showed U.S. labor productivity increased by much more than initially estimated in the third quarter.
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