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Forex News
Bank Of Korea Keeps Rates Steady
The Bank of Korea maintained its interest rate on Thursday as rising house prices and household debt pose risks to the financial stability amid escalating trade tensions weighing on economic growth outlook. The Monetary Policy Board decided to leave the Base Rate unchanged at 2.50 percent.
The bank had previously reduced the benchmark rate by a quarter-point each in May and February.
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1h 8min ago
European Shares Set To Open Higher Despite Rising Trade Tensions
European stocks may open mostly higher on Thursday despite U.S. President Donald Trump escalating his tariff campaign, sending letters to six additional countries—Algeria, Iraq, Libya, Brunei, Moldova, and the Philippines—with fresh import duties ranging from 20-30 percent.
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2h 4min ago
European Economic News Preview: Germany Final Inflation Data Due
Final inflation from Germany and industrial output from Italy are the top economic news due on Thursday. At 2.00 am ET, Destatis is scheduled to release Germany's final inflation data for June. Flash inflation showed that consumer price inflation eased to 2.0 percent from 2.1 percent in May.
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2h 25min ago
Sensex, Nifty Subdued On Trade Jitters
Indian shares were subdued on Thursday as U.S. President Donald Trump escalated his tariff campaign, sending letters targeting six additional countries—Algeria, Iraq, Libya, Brunei, Moldova, and the Philippines—with fresh import duties ranging from 20-30 percent.
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3h 16min ago
Australian Market Extends Early Gains In Mid-market
The Australian market is extending early gains in mid-market moves on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains across all sectors led by technology and mining stocks.
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4h 14min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders are optimistic about an end to the tariff uncertainty after US President Donald Trump made it clear that he will not extend the August 1 deadline for trade deals, though he gets aggressive with tariff imposition.
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4h 19min ago
Sensex, Nifty Set For Muted Open
Indian shares look set to open on a flat note Thursday as investors watch the latest developments on the trade front, react to the latest FOMC meeting minutes and look for direction from Q1 business updates from prominent companies.
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5h 5min ago
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Indonesia Stock Market May Extend Winning Streak
The Indonesia stock market has moved higher in three straight sessions, gathering almost 80 points or 1.2 percent along the way. The Jakarta Composite Index now sits just above the 6,940-point plateau and it may add to its winnings again on Thursday.
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6h 6min ago
Japanese Market Notably Lower
The Japanese market is trading notably lower on Thursday, reversing some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling to near the 39,600 level, with weakness in exporter stocks and a mixed performance in most other sectors.
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6h 13min ago
Renewed Support Called For Hong Kong Shares
The Hong Kong stock market headed south again on Wednesday, one day after ending the three-day losing streak in which it had dropped more than 330 points or 1.4 percent. The Hang Seng Index now sits just above the 23,890-point plateau although it figures to bounce higher again on Thursday.
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6h 21min ago
Australian Market Notably Higher
The Australian market is trading notably higher on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,600 level, with gains across all sectors led by technology and mining stocks.
RTTNews
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6h 34min ago
Higher Open Seen For China Stock Market
The China stock market on Wednesday ended the four-day winning streak in which it had risen almost 45 points or 1.3 percent. The Shanghai Composite Index now sits just beneath the 3,500-point plateau although it's expected to move back to the upside again on Thursday.
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6h 36min ago
Tech Shares May Boost Taiwan Stock Market
The Taiwan stock market on Wednesday wrote a finish to the three-day losing streak in which it had stumbled almost 370 points or 1.6 percent. The Taiwan Stock Exchange now sits just beneath the 22,530-point plateau and it's tipped to open in the green again on Thursday.
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7h 6min ago
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