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Forex News
Malaysia Stock Market May Find Traction On Friday
The Malaysia stock market has finished lower in back-to-back sessions, slumping more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now rests just shy of the 1,460-point plateau although it's due for support on Friday.
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869 days ago
South Korea Shares May See Continued Support
The South Korea stock market bounced higher again on Thursday, one day after snapping the two-day winning streak in which it had gathered just 7 points or 0.3 percent. The KOSPI now rests just shy of the 2,440-point plateau and it's looking at another green light for Friday's trade.
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869 days ago
Japan Inflation Data Due On Friday
Japan will on Friday release January figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In December, overall inflation was up 0.2 percent on month and 4.0 percent on year; core CPI also rose 4.0 percent on year.
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869 days ago
U.S. Dollar Roughly Flat Amid Choppy Trading
The U.S. dollar has shown a lack of direction over the course of trading on Thursday after trending higher over the past few days.
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869 days ago
Swiss Stock Market Halts Four-Day Winning Streak
The Swiss stock market was unable to hold early gains on Thursday, quickly turning lower and writing a finish to the four-day winning streak in which it had advanced more than 100 points or 1 percent.
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869 days ago
European Markets Continue To Finish Mixed On Thursday
The major European stock markets were a study in contrasts on Thursday as France and Germany opened higher and stayed that way throughout, while the UK started in the red and finished the same way.
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869 days ago
Turkish Central Bank Slashes Key Rate By 50 Bps
Turkey's central bank cut its key interest rate by 50 basis points to 8.5 percent on Thursday, in a bid to support the economy that has been devastated by the most severe earthquake in decades. The bank stressed that it has become even more important to keep financial conditions supportive to preserve the growth momentum in industrial production and the positive trend in employment.
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869 days ago
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U.S. Economy Grew Slightly Less Than Previously Estimated In Q4
Revised data released by the Commerce Department on Thursday showed the U.S. economy grew by slightly less than previously estimated in the fourth quarter of 2022. The report said real gross domestic product jumped by 2.7 percent in the fourth quarter compared to the previously reported 2.9 percent surge. Economists had expected GDP growth to be unrevised.
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869 days ago
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
The Labor Department released a report on Thursday unexpectedly showing a slight drop in first-time claims for U.S. unemployment benefits in the week ended February 18th. The report said initial jobless claims edged down to 192,000, a decrease of 3,000 from the previous week's revised level of 195,000.
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869 days ago
Medical Properties Trust Slips To Loss In Q4
Medical Properties Trust, Inc. (MPW) reported Thursday a fourth-quarter net loss attributable to stockholders of $140.47 million or $0.24 per share from $206.54 million or $0.34 per share prior-year quarter.
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869 days ago
U.S. GDP Jumps Less Than Previously Estimated In Q4
Revised data released by the Commerce Department on Thursday showed the U.S. economy grew by slightly less than previously estimated in the fourth quarter of 2022.
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869 days ago
FTI Consulting Q4 Results Top Estimates; Guides FY23 EPS In Line
FTI Consulting, Inc. (FCN) reported Thursday a net income for the fourth quarter grew to $47.50 million or $1.33 per share from $38.21 million or $1.07 per share in the year-ago quarter.
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869 days ago
U.S. Weekly Jobless Claims Edge Down To 192,000
The Labor Department released a report on Thursday unexpectedly showing a slight drop in first-time claims for U.S. unemployment benefits in the week ended February 18th.
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869 days ago
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