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Actualités Forex
China Service Sector Growth Strengthens On New Business
China's service sector expanded at a faster pace at the start of the third quarter, underpinned by the solid growth in new business, survey results released by S&P Global revealed on Thursday. The Caixin services Purchasing Managers' Index rose more-than-expected to 54.1 in July from a five-month low of 53.9 in June. The expected reading was 52.5.
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European Shares Seen Mixed Ahead Of BOE Rate Decision
European stocks look set to open mostly lower on Thursday, with the BOE rate decision later in the day and Friday's U.S. jobs report likely to be in focus.
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European Economic News Preview: Bank Of England Policy Decision Due
The monetary policy decision from the Bank of England is due on Thursday, headlining a busy day for the European economic news. The BoE decision is likely to be a close call between a 25 basis-point and a 50 basis-point hike. The policy announcement and the quarterly monetary policy report are due at 7.00 am ET.
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Sensex, Nifty Little Changed In Early Trade
Indian shares were little changed on Thursday, as the dollar surged and U.S. Treasury yields hit their highest in nearly nine months on worries about U.S. fiscal position and after the release of strong ADP private sector employment data.
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Bank Of England Set To Hike Interest Rate
The Bank of England is set to lift its key interest rate on Thursday after its major counterparts U.S. Federal Reserve and the European Central Bank lifted benchmark rates last week. The August decision is likely to be a close call between a 25 basis-point and a 50 basis-point hike.
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Sensex, Nifty Seen Flat To Higher At Open
Indian shares may open a tad higher on Thursday after a sell-off in the previous session.
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Asian Shares Extend Losses On Worries About US Fiscal Position
Asian stocks traded mostly lower on Thursday, adding to steep losses in the previous session as the dollar surged and Treasury yields spiked following a U.S. credit rating downgrade from Fitch and better-than-expected ADP employment data.
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Thai Stock Market Tipped To Open In The Red
The Thai stock market on Wednesday wrote a finish to the two-day winning streak in which it had gathered more than 30 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,550-point plateau and it may take further damage on Thursday.
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Losses May Accelerate For Indonesia Stock Market
The Indonesia stock market headed south again on Wednesday, one day after ending the two-day slide in which it had gathered more than 35 points or 0.5 percent. The Jakarta Composite Index now sits just above the 6,850-point plateau and it's expected to open under pressure again on Thursday.
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Lower Open Called For Hong Kong Stock Market
The Hong Kong stock market has moved lower in two straight sessions, tumbling more than 550 points or 2.7 percent in that span. The Hang Seng Index now sits just beneath the 19,520-point plateau and it's likely to open in the red again on Thursday.
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No Relief Yet For China Stock Market
The China stock market has moved lower in consecutive trading days, surrendering almost 30 points or 1 percent along the way. The Shanghai Composite Index now sits just above the 3,260-point plateau and it's looking at a soft start again on Thursday.
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Taiwan Stock Market Tipped To Extend Wednesday's Losses
The Taiwan stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had advanced more than 130 points or 0.7 percent. The Taiwan Stock Exchange now rests just beneath the 16,900-point plateau and it's looking at another rough start on Thursday.
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Singapore Stock Market Predicted To Open Under Pressure On Thursday
The Singapore stock market has moved lower in back-to-back sessions, sinking almost 50 points or 1.5 percent along the way. The Straits Times Index now rests just above the 3,325-point plateau and it's looking at another soft start for Thursday's trade.
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