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Berita Forex
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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Sensex, Nifty Struggle For Direction In Early Trade
Indian shares struggled for direction in early trade on Friday amid concerns that trade headwinds will not subside anytime soon.
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Australian Market Swings To Modest Gains In Mid-market
The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,400 level, with gains in gold miners and financial stocks partially offset by weakness in iron ore miners and technology stocks.
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Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Friday, despite the broadly positive cues from Wall Street overnight, as lingering uncertainty about the ongoing trade war continued to weight on the markets after an appeals court temporarily paused the lower court's ruling to block US President Donald Trump's reciprocal tariffs on imports from U.S. trade partners.
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Sensex, Nifty Seen Lower Amid US Tariff Uncertainty
Indian shares are likely to open lower on Friday as investors watch the judicial developments surrounding U.S. President Donald Trump's "reciprocal" tariffs and weigh the outlook for Fed policy.
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Higher Open Tipped For Thai Stock Market
The Thai stock market on Thursday ended the two-day slide in which it had dropped almost 20 points or 1.5 percent. The Stock Exchange of Thailand now rests just beneath the 1,165-point plateau and it's expected to open to the upside again on Friday.
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Japanese Market Sharply Lower
The Japanese stock market is sharply lower on Friday, snapping a five-session winning streak, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 37,900 level, with weakness across most sectors led by index heavyweights, exporters and technology stocks.
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Additional Support Expected For Hong Kong Stock Market
The Hong Kong stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,575-point plateau and it's tipped to open higher again on Friday.
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Australian Market Modestly Lower
The Australian stock market is trading modestly loser on Friday, reversing the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,400 level, with weakness in iron ore miners and technology stocks partially offset by a mixed performance in energy and financial stocks.
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China Bourse May Extend Thursday's Gains
The China stock market on Thursday snapped the five-day losing streak in which it had surrendered almost 50 points or 1.5 percent. The Shanghai Composite Index now sits just beneath the 3,365-point plateau and it may see additional support on Friday.
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Japan Retail Sales Climb 3.3% On Year In April
The value of retail sales in Japan was up 3.3 percent on year in April, the Ministry of Economy, Trade and Industry said on Friday - coming in at 12.925 trillion yen.
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Japan Industrial Output Slips 0.9% In April
Industrial production in Japan was down 0.9 percent on month in April, the Ministry of Economy, Trade and Industry said on Friday.
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Win Streak May Continue For Singapore Stock Market
The Singapore stock market has moved higher in three straight sessions, advancing more than 40 points or 1 percent along the way. The Straits Times Index now sits just above the 3,915-point plateau and it may add to its winnings again on Friday.
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