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Forex News
Japanese Market Modestly Lower
The Japanese stock market is modestly lower on Friday, giving up some of the gains in the previous session, with the benchmark Nikkei 225 falling to a tad above the 27,600 level, following the broadly negative cues from Wall Street overnight, as traders are concerned about interest rate hikes by the US Fed after the recent release of upbeat US economic data.
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877 days ago
Indonesia Bourse Poised To Extend Losing Streak
The Indonesia stock market has moved lower in two straight sessions, slumping almost 50 points or 0.8 percent along the way. The Jakarta Composite Index now rests just beneath the 6,900-point plateau and it's looking at another soft start again on Friday.
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877 days ago
Australian Market Notably Lower
The Australian stock market is notably lower on Friday, giving up the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 7,400 level, following the broadly negative cues from Wall Street overnight, with losses across most sectors, led by coal miners and technology stocks.
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877 days ago
Lower Open Called For Hong Kong Stock Market
The Hong Kong stock market on Thursday halted the four-day losing streak in which it had surrendered more than 800 points or 4 percent. The Hang Seng Index now sits just beneath the 21,000-point plateau although it's likely to head south again on Friday.
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877 days ago
More Pain Predicted For China Stock Market
The China stock market has tracked lower in back-to-back sessions, surrendering more than 40 points or 1.2 percent along the way. The Shanghai Composite Index now rests just beneath the 3,250-point plateau and it's likely to extend its losses on Friday.
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877 days ago
Soft Start Predicted For Taiwan Stock Market
The Taiwan stock market has tracked higher in two of three trading days since the end of the three-day losing streak in which it had slipped more than 70 points or 0.5 percent. The Taiwan Stock Exchange now rests just above the 15,550-point plateau although it's expected to turn lower again on Friday.
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877 days ago
Renewed Consolidation Called For Singapore Stock Market
The Singapore stock market on Thursday halted the three-day losing streak in which it had stumbled almost 80 points or 2.4 percent. The Straits Times Index now rests just above the 3,310-point plateau although it figures to hand back those gains on Friday.
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877 days ago
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Malaysia Stock Market May Extend Thursday's Losses
The Malaysia stock market on Thursday wrote a finish to the four-day winning streak in which it had climbed more than 35 points or 2.3 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,485-point plateau and it's tipped to take further damage on Friday.
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877 days ago
South Korea Stock Market May Hand Back Thursday's Gains
The South Korea stock market has tracked higher in two of three trading days since the end of the three-day slide in which it had stumbled more than 30 points or 1.3 percent. The KOSPI now rests just above the 2,475-point plateau although it's expected to turn lower again on Friday.
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877 days ago
Thailand GDP Scheduled For Release On Friday
Thailand will on Friday release Q4 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is expected to rise 0.50 percent on quarter and 3.50 percent on year, slowing from 1.20 percent on quarter and 4.50 percent on year in the three months prior.
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877 days ago
TSX Ends Moderately Lower
The Canadian market ended on a weak note on Thursday after languishing in negative territory right through the day's session.
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877 days ago
Dollar Firm Against Major Rivals As PPI Data Triggers Rate Hike Bets
After exhibiting weakness in the Asian session on Thursday, the U.S. dollar climbed higher in early New York session after data showing a bigger than expected increase in U.S. producer prices in the month of January, raised the possibility of the Fed continuing to stay aggressive with its rate hike moves.
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877 days ago
Swiss Market Ends Moderately Higher
After staying above the flat line till a little before noon, Switzerland stocks turned weak and slipped into negative territory on Thursday and finally ended the day's session on a weak note.
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877 days ago
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