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Forex News
Asian Shares Gain On Strong China Data
Asian stock rose broadly on Wednesday as strong manufacturing data from China helped offset investor concerns over stubborn inflation and fears of further U.S. interest-rate hikes.
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861 days ago
European Economic News Preview: Eurozone Final Factory PMI Data Due
Final factory Purchasing Managers' survey results from the euro area and the UK are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, UK Nationwide house price data is due. House prices are forecast to fall 0.9 percent annually after rising 1.1 percent in January. In the meantime, Destatis is scheduled to issue Germany's labor market statistics for January.
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861 days ago
China Manufacturing Sector Returns To Expansion Territory
China's manufacturing sector expanded for the first time in seven months in February, driven by the upturns in production and new orders, suggesting a strong rebound in the first quarter following the easing of pandemic related restrictions. At 51.6, the Caixin manufacturing Purchasing Managers' Index rose from 49.2 in the previous month, survey results from S&P Global showed.
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861 days ago
European Shares Poised For Steady Start On China Data
European stocks may open flat to slightly higher on Wednesday as investors cheer signs of expanding manufacturing activity in China.
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861 days ago
Sensex, Nifty Open Higher On Upbeat China Data
Indian shares opened on a positive note Wednesday, as investors reacted to mixed domestic economic data and upbeat factory activity data from China.
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861 days ago
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, despite the broadly negative cues from Wall Street overnight, as traders book some profits and seemed reluctant to make significant moves amid ongoing concerns about the outlook for interest rates. They await upcoming data that is expected to provide further clues about interest rates hikes. Asian markets closed mostly higher on Tuesday.
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861 days ago
Sensex, Nifty Seen Flat As Investors React To Mixed Macro Data
Indian shares may open on a sluggish note Wednesday as investors react to mixed economic readings on the domestic front.
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861 days ago
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Japanese Market Slightly Lower
The Japanese stock market is slightly lower in choppy trading on Wednesday, giving up the slight gains in the previous session, with the Nikkei 225 staying above the 27,400 level, following the broadly negative cues from Wall Street overnight, dragged by weakness in technology and financial stocks.
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861 days ago
No Help Yet For Thai Stock Market
The Thai stock market has moved lower in five straight sessions, sinking more than 45 points or 3 percent along the way. The Stock Exchange of Thailand now rests just above the 1,620-point plateau and it's likely to open in the red again on Wednesday.
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861 days ago
China Caixin PMI Moves Back To Expansion In February
The manufacturing sector in China moved back into expansion territory in February, the latest survey from Caixin revealed on Wednesday with a PMI score of 51.6.
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861 days ago
China Manufacturing Sector Picks Up Steam - NBS
The manufacturing sector in China continued to expand in February, and at a faster pace, the latest survey from the National Bureau of Statistics showed on Wednesday with a manufacturing PMI score of 52.6.
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861 days ago
Vietnam Manufacturing Sector Returns To Expansion - S&P Global
The manufacturing sector in Vietnam moved back into expansion territory in February, the latest survey from S&P Global revealed on Wednesday with a PMI score of 51.2.
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861 days ago
Thai Manufacturing Sector Accelerates In February - S&P Global
The manufacturing sector in Thailand continued to expand in February, and at a faster rate, the latest survey from S&P Global revealed on Wednesday with a PMI score of 54.8.
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861 days ago
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