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Forex News
Malaysian Ringgit Retreats To More Than 2-month Low Against U.S. Dollar
The Malaysian Ringgit retreated from a recent gain against the U.S. dollar in the Asian session on Wednesday.
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723 days ago
Singapore Dollar Slides To Near 10-month Low Against U.S. Dollar
The Singapore dollar weakened against the U.S. dollar in the Asian session on Wednesday.
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723 days ago
Chinese Yuan Falls To 10-month Low Against U.S. Dollar
The Chinese yuan weakened against the U.S. dollar in the Asian session on Wednesday.
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723 days ago
European Economic News Preview: Germany Factory Orders Data Due
Factory orders and construction Purchasing Managers' survey results from Germany are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to publish Germany's foreign trade figures for July. Orders are seen falling 4.0 percent on month, reversing June's 7.0 percent increase.
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723 days ago
Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, amid concerns about global economic slowdown after release of disappointing data that showed weak services activity in China and slowing eurozone business activity. The weakening of major Asian currencies against the US dollar hurt as well.
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723 days ago
Japanese Market Notably Higher
The Japanese stock market is notably higher on Wednesday, extending the gains in the previous seven sessions, with the Nikkei 225 moving above the 33,100 level, despite the broadly negative cues from global markets overnight, with gains across most sectors, led by exporters and technology stocks.
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723 days ago
No Help Yet For Thai Stock Market
The Thai stock market has moved lower in four straight sessions, sinking almost 30 points or 2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,550-point plateau and it's got another negative lead again for Wednesday's trade.
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723 days ago
more news
Australia GDP Climbs 0.4% In Q2
Australia's gross domestic product expanded by a seasonally adjusted 0.4 percent on quarter in the second quarter of 2023, the Australian Bureau of Statistics said on Wednesday.
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723 days ago
Indonesia Stock Market May See Continued Consolidation
The Indonesia stock market on Tuesday ended the two-day winning streak in which it had collected more than 40 points or 0.6 percent. The Jakarta Composite Index now sits just above the 6,990-point plateau and it's expected to open lower again on Wednesday.
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723 days ago
Australian Market Modestly Lower
The Australian stock market is modestly lower on Wednesday, extending the slight losses in the previous session, with the benchmark S&P/ASX 200 falling below the 7,300 level, following the broadly negative cues from global markets overnight, with weakness in mining stocks partially offset by gains in energy stocks amid a spike in crude oil prices.
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723 days ago
Lower Open Predicted For Hong Kong Stock Market
The Hong Kong stock market headed south again on Tuesday, one session after halting the three-day losing streak in which it had slumped more than 100 points or 0.5 percent. The Hang Seng Index now sits just above the 18,450-point plateau and it's looking at another soft start on Wednesday.
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723 days ago
China Stock Market Tipped To Open Under Pressure
The China stock market on Tuesday wrote a finish to the two-day winning streak in which it had improved almost 60 points or 2 percent. The Shanghai Composite Index now rests just above the 3,150-point plateau and it may extend its losses on Wednesday.
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723 days ago
Rally May Stall For Taiwan Stock Market
The Taiwan stock market has climbed higher in three straight sessions, gathering almost 160 points or 1 percent in that span. The Taiwan Stock Exchange now rests just above the 16,790-point plateau although it may run out of steam on Wednesday.
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723 days ago
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