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Forex News
Singapore Stock Market May Crack Resistance At 3,200 Points
The Singapore stock market bounced higher again on Thursday, one day after ending the three-day winning streak in which it had gained more than 20 points or 0.7 percent. The Straits Times Index now sits just above the 3,185-point plateau and it may add to its winnings on Friday.
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756 days ago
Malaysia Shares Tipped To Find Traction On Friday
The Malaysia stock market has moved lower in back-to-back sessions, falling almost 10 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,375-point plateau although it's expected to stop the bleeding on Friday.
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756 days ago
South Korea Has $0.79 Billion Current Account Shortfall
South Korea posted a current account deficit of $0.79 billion in April, the Bank of Korea said on Friday.
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756 days ago
South Korea Shares Poised To Bounce Higher On Friday
The South Korea stock market on Thursday ended the three-day winning streak in which it had advanced more than 45 points or 1.8 percent. The KOSPI now sits just above the 2,610-point plateau although it's likely move back to the upside again on Friday.
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756 days ago
China Inflation Data Due On Friday
China will on Friday release May numbers for consumer and producer prices, highlighting a modest day for Asia-Pacific economic activity. In April, consumer prices were down 0.1 percent on month and up 0.1 percent on year, while producer prices sank 3.6 percent on year.
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757 days ago
U.S. Dollar Moves Notably Lower On Jobless Claims Data
After turning in a relatively lackluster performance over the past few days, the value of the U.S. dollar has shown a notable move to the downside during trading on Thursday.
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757 days ago
Swiss Stock Market Closes Lower Again On Thursday
The Swiss stock market finished lower on Thursday for the second straight session, dropping almost 160 points or 1.4 percent in that span.
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757 days ago
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European Markets Close Mixed On Thursday
The major European stock markets closed in mixed fashion on Thursday, trying to shrug off a soft open that carried over the previous day's weakness.
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757 days ago
U.S. Wholesale Inventories Edge Slightly Lower In April
A report released by the Commerce Department on Thursday showed a slight decrease in U.S. wholesale inventories in the month of April. The Commerce Department said wholesale inventories edged down by 0.1 percent in April after dipping by a revised 0.2 percent in March.
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757 days ago
Indian Stocks Finish Lower
Indian stocks declined on Thursday after the Reserve Bank of India kept rates steady but hinted at further rate hikes if necessary to combat inflation.
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757 days ago
U.S. Jobless Claims Climb To Highest Level Since October 2021
First-time claims for U.S. unemployment benefits increased by much more than expected in the week ended June 3rd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 261,000, an increase of 28,000 from the previous week's revised level of 233,000.
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757 days ago
Eurozone Economy In Recession
Euro area economy entered a technical recession in the first quarter following the downward revisions to Germany and Ireland data.
Gross domestic product shrank 0.1 percent sequentially after posting a similar fall in the fourth quarter, the latest estimate from Eurostat showed Thursday.
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757 days ago
U.S. Weekly Jobless Claims Climb Much More Than Expected
First-time claims for U.S. unemployment benefits increased by much more than expected in the week ended June 3rd, according to a report released by the Labor Department on Thursday.
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757 days ago
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