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Forex News
Yen Slides Ahead Of BOJ Monetary Policy Meeting
The Japanese yen weakened against other major currencies in the Asian session on Thursday, as traders' focus is largely on the Bank of Japan's monetary policy meeting due on Friday.
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699 days ago
European Economic News Preview: ECB Set To Lift Rates By 25 Bps
The European Central Bank is expected to cut its benchmark rates by 25 basis points on Thursday although the US Federal Reserve decided to hold its key rate after ten consecutive rate hikes. The ECB monetary policy announcement is due at 8.15 am ET.
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699 days ago
European Shares Seen Lower As Investors Fret Over Hawkish Fed
European stocks are seen opening a tad lower on Thursday as the Fed's hawkish policy outlook offset investor optimism over China's central bank cutting a key lending rate to support real estate and domestic demand.
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699 days ago
Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews
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699 days ago
Sensex, Nifty Open Lower As Fed Signals More Rate Hikes
Indian shares opened on a sluggish note Thursday and the rupee opened five paise lower at 82.15 against the dollar after the U.S. Federal Reserve held interest rates steady, as widely expected, but signaled that borrowing costs will likely rise by another half of a percentage point by the end of this year.
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699 days ago
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Thursday, following the mostly positive cues from global markets overnight, as traders react positively to the US Fed pausing its interest rate hikes following ten consecutive rate hikes, while also forecasting additional increases before the end of the year. Asian Markets closed mixed on Wednesday.
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699 days ago
Sensex, Nifty To See Cautious Start On Fed's Hawkish Pause
Indian shares may struggle for direction at open on Thursday as investors react to a mixed Federal Reserve decision and data showing that India's WPI inflation declined to a seven-and-a-half-year low of (-) 3.48 percent in May on easing prices of food, fuel and manufactured items.
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699 days ago
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Renewed Support Predicted For Thai Stock Market
The Thai stock market headed south again on Wednesday, one day after snapping the two-day slide in which it had dipped more than 8 points or 0.5 percent. The Stock Exchange of Thailand now sits just above the 1,560-point plateau although it's expected to bounce higher again on Thursday.
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699 days ago
Japanese Market Slightly Higher
The Japanese stock market is slightly higher in choppy trading on Thursday, extending the gains in the previous four sessions, with the Nikkei 225 off the 33-year highs and staying above the 33,500 level, following the mostly positive cues from global markets, aided by gains in technology stocks. Traders also expect the Bank of Japan to maintain its ultra-loose policy when it meets on Friday.
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699 days ago
Indonesia Stock Market Tipped To Halt Its Slide
The Indonesia stock market has moved lower in back-to-back sessions, sinking more than 20 points or 0.3 percent along the way. The Jakarta Composite Index now rests just beneath the 6,700-point plateau although it's expected to stop the bleeding on Thursday.
RTTNews
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700 days ago
Australian Market Modestly Higher
The Australian stock market is modestly higher on Thursday, extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 moving near the 7,200 level, following the mostly positive cues from global markets overnight, with gains in miners and financial stocks partially offset by weakness in energy stocks amid tumbling crude oil prices.
RTTNews
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700 days ago
Steady Start Anticipated For Hong Kong Shares
The Hong Kong stock market on Wednesday halted the five-day winning streak in which it had rallied more than 420 points or 2.3 percent. The Hang Seng Index now rests just above the 19,400-point plateau although it may regain its footing on Thursday.
RTTNews
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700 days ago
China Stock Market May Remain Rangebound On Thursday
The China stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had climbed more than 35 points or 1.2 percent. The Shanghai Composite Index now rests just beneath the 3,230-point plateau although it may find renewed support on Thursday.
RTTNews
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700 days ago
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