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Forex News
Asian Stocks Gain Amidst China Optimism
Asian markets gained on Monday amidst optimism on the Chinese economic scenario ahead of the release of key readings including GDP, industrial production, retail sales, unemployment rate etc. Dovish comments from Bank of Japan's Governor, People's Bank of China keeping rates steady as well as positive earnings updates from the U.S. also supported sentiment.
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816 days ago
Canadian Dollar Rises On Crude Oil Prices
The Canadian dollar strengthened against other major currencies in the Asian session on Monday, as oil prices rallied after OPEC+'s announced plans to cut more output this month.
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816 days ago
European Economic News Preview: Italy Final CPI Data Due
Final consumer and harmonized price data from Italy is the only major economic report due on Monday. At 2.00 am ET, Statistics Norway is scheduled to issue foreign trade data for March. At 4.00 am ET, Italy's Istat publishes final consumer and harmonized prices for March.
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816 days ago
European Benchmarks Seen Positive At Open
Markets in Europe are expected to open on a positive note on Monday amidst hawkish comments from Fed officials and pending economic data releases from China. Earnings updates from the corporate sector are expected to further sway sentiment.
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816 days ago
Indian Shares Firmly Down In Negative Territory; Infosys Tumbles On Results
The Indian stock markets, back to work Monday morning after a long weekend, are down firmly in negative territory, weighed down by losses in the technology sector after Infosys reported a drop in fourth quarter earnings.
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816 days ago
U.S. Dollar Advances Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Monday.
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816 days ago
China Keeps Medium-Term Lending Facility Rate At 2.75%
China's central bank maintained the rate on the one-year medium-term lending facility on Monday. The People's Bank of China added CNY 170 billion via one-year MLF at an interest rate of 2.75 percent. The central bank also conducted seven-day reverse repo operations worth CNY 20 billion at a rate of 2.00 percent.
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816 days ago
more news
Canadian Dollar Rises Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Monday.
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816 days ago
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Monday.
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816 days ago
Thai Shares Tipped To Open Under Pressure
Ahead of the long weekend for Songkran Day, the Thai stock market had halted the three-day winning streak in which it had climbed more than 25 points or 1.7 percent. The Stock Exchange of Thailand now rests just above the 1,590-point plateau and it may take further damage on Monday.
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816 days ago
Soft Start Anticipated For Indonesia Stock Market
The Indonesia stock market on Friday halted the two-day losing streak in which it had slipped more than 25 points or 0.4 percent. The Jakarta Composite Index now rests just beneath the 6,820-point plateau although it figures to turn lower again on Monday.
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816 days ago
Consolidation Anticipated For Hong Kong Stock Market
The Hong Kong stock market has finished higher in back-to-back sessions, rising almost 130 points or 0.7 percent along the way. The Hang Seng Index now sits just beneath the 20,440-point plateau although it's likely to run out of steam on Monday.
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816 days ago
China Shares Likely To Head South Again On Monday
The China stock market has moved higher in two of three trading days since the end of the two-day slide in which it had slipped almost 15 points or 0.5 percent. The Shanghai Composite Index now sits just beneath the 3,340-point plateau although it's expected to see renewed selling pressure on Monday.
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816 days ago
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