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Forex News
Yen Rises Amid BoJ Rate Hike Bets, Trump's Tariff Threats
The Japanese yen strengthened against other major currencies in the Asian session on Thursday, amid rising bets that the Bank of Japan (BoJ) would hike interest rates further. The safe-haven JPY also firmed on geopolitical worries.
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89 days ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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89 days ago
China Holds Loan Prime Rates As Expected
The People's Bank of China maintained its interest rates unchanged for the fourth straight time on Thursday. The PBoC left its one-year loan prime rate unchanged at 3.10 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.60 percent. The decision matched expectations.
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89 days ago
European Economic News Preview: Germany Producer Prices Data Due
Producer prices data from Germany is the only major report due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to publish Germany's producer prices for January. Producer price inflation is forecast to rise to 1.3 percent from 0.8 percent in December.
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89 days ago
European Shares Seen Tad Higher At Open
European stocks may open on a positive note Thursday after falling sharply in the previous session.
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89 days ago
Sensex, Nifty Open Lower On Tariff Concerns
Indian shares opened on a sluggish note Thursday as tariff worries persisted, and the Fed's January policy meeting minutes revealed policymakers are inclined to hold interest rates steady amid stubborn inflation and economic-policy uncertainty.
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89 days ago
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Thursday, despite the broadly positive cues from Wall Street overnight, as the US Fed's minutes showed policymakers are more inclined to keep interest rates steady amid stubborn inflation. The continued concerns about the potential impact of higher tariffs to be imposed by the US on partner nations also hurt market sentiment.
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89 days ago
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Australian Market Extends Losses In Mid-market
The Australian market in extending its early losses in mid-market moves on Thursday, adding to the losses in the previous three sessions, despite the slightly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to tad near the 8,300 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains in energy and gold miner stocks.
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89 days ago
Sensex, Nifty Set To Follow Asian Peers Lower
Indian shares may drift lower at open on Thursday amid Fed caution and lingering tariff concerns.
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89 days ago
Mild Upside Seen For Thai Stock Market
The Thai stock market has moved higher in back-to-back sessions, collecting just over 5 points or 0.4 percent in that span. The Stock Exchange of Thailand now sits just above the 1,260-point plateau and it's looking at a steady start again on Thursday.
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89 days ago
Japanese Market Sharply Lower
The Japanese market is trading sharply lower on Thursday, extending the losses in the previous session, despite the slightly positive cues from Wall Street overnight. The Nikkei 225 is falling to near the 38,700 level, with weakness across most sectors led by index heavyweights and technology stocks.
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89 days ago
Indonesia Stock Market May Remain Rangebound
The Indonesia stock market has alternated between positive and negative finishes through the last six trading days since the end of the five-day losing streak in which it had plummeted more than 540 points or 7.9 percent. The Jakarta Composite Index now sits just beneath the 6,800-point plateau and it may tick to the upside again on Thursday.
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89 days ago
Australian Market Significantly Lower
The Australian market is trading significantly lower on Thursday, extending the losses in the previous three sessions, despite the slightly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,300 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains in energy and gold miner stocks.
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89 days ago
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