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Forex News
DAX Rises On Earnings Boost
The DAX benchmark of the Frankfurt bourse moved higher on Thursday, crossing the 15600 level for the first time since Feb 2022 amidst strong corporate earnings that eclipsed fears of Fed's hawkish moves.
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878 days ago
Australian Dollar Advances Amid Risk Appetite
The Australian dollar was higher against its major counterparts in the European session on Thursday amid risk appetite, as strong U.S. retail sales data signalled resilience in the economy.
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878 days ago
Hong Kong Jobless Rate Falls To 3-Year Low Of 3.4%
Hong Kong's unemployment rate decreased for the ninth month in a row in January to the lowest level in three years, the labor force statistics from the Census and Statistics Department showed on Thursday. The seasonally adjusted unemployment rate fell slightly to 3.4 percent in the November to January period from 3.5 percent in the October to December period.
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878 days ago
Commerzbank Stock Rises On Profit Growth, Positive FY23 View
Shares of Commerzbank AG were gaining around 9 percent in the morning trading in Germany after the lending major reported Thursday higher profit in its fourth quarter, while fiscal 2022 recorded the highest net profit in more than ten years, thanks to strong revenue performance. The company further announced dividend, and issued positive outlook for fiscal 2023.
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878 days ago
Asian Stocks Rally Amidst Global Momentum
Asian markets gained on Thursday amidst a global bullish sentiment on stocks and other risk assets. Sentiment was boosted by promise of more stimulus measures from China. Chinese benchmarks however pared gains.
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878 days ago
European Benchmarks Seen Opening Strong
Markets in Europe are expected to open on a strong note on Thursday tracking the bullish momentum in the Asian markets as well as the rally in Wall Street, a day earlier.
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878 days ago
Sensex, Nifty Rise Again, As Stocks Surge Higher On Global Cues
Indian shares are up firmly in positive territory Thursday morning, extending recent gains, thanks to positive global cues.
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878 days ago
more news
Asian Markets Mostly Higher On Global Cues
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from global markets overnight, as traders shrugged off concerns over the outlook for interest rates following the release of US inflation data and upbeat US retail sales data. These data will encourage the US Fed to continue aggressively raising interest rates in an effort to combat inflation.
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878 days ago
Indian Shares Seen Opening Higher
Indian shares are likely to open higher on Thursday, tracking positive global cues.
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878 days ago
Thai Stock Market Poised To End Slide
The Thai stock market has moved lower in two straight sessions, giving up almost 20 points or 1.2 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,650-point plateau although it's likely to stop the bleeding on Thursday.
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878 days ago
Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Thursday, recouping the losses in the previous session, with the Nikkei 225 moving to near the 27,700 level, following the broadly positive cues from global overnight, boosted by gains in some index heavyweights, automakers and technology stocks.
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878 days ago
Higher Open Anticipated For Indonesia Stock Market
The Indonesia stock market on Wednesday snapped the two-day winning streak in which it had gathered more than 60 points or 0.9 percent. The Jakarta Composite Index now rests just above the 6,910-point plateau although it's expected to bounce higher again on Thursday.
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878 days ago
Australian Market Significantly Higher
The Australian stock market is significantly higher on Thursday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 7,400 levels, following the broadly positive cues from global markets overnight, boosted by strong gains in technology stocks. Partially offset by weakness in gold mining and energy stocks.
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878 days ago
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