Forex News

Singapore Bourse May Test Resistance At 3,400 Points

Singapore Bourse May Test Resistance At 3,400 Points

The Singapore stock market on Wednesday ended the two-day losing streak in which it had fallen more than 35 points or 1 percent. The Straits Times Index now rests just above the 3,375-point plateau and it may extend its gains on Thursday.
RTTNews | 888 days ago
Rebound Called For Malaysia Stock Market

Rebound Called For Malaysia Stock Market

Ahead of Wednesday's holiday for Federal Territory Day, the Malaysia stock market turned lower again - one day after snapping the three-day losing streak in which it had eased just 3 points. The Kuala Lumpur Composite Index now rests just above the 1,485-point plateau although it's expected to bounce higher again on Thursday.
RTTNews | 888 days ago
Tech Shares May Fuel KOSPI On Thursday

Tech Shares May Fuel KOSPI On Thursday

The South Korea stock market on Wednesday ended the two-day slide in which it had stumbled almost 60 points or 2.5 percent. The KOSPI now rests just beneath the 2,450-point plateau and it may add to its winnings on Thursday.
RTTNews | 888 days ago
TSX Recovers After Mid-session Setback, Ends Just Marginally Down

TSX Recovers After Mid-session Setback, Ends Just Marginally Down

After a weak start and a subsequent fall to lower levels, the Canadian market staged a recovery and briefly emerged into positive territory in late afternoon trades on Wednesday, but still ended the session on a negative note, albeit with a marginal loss.
RTTNews | 888 days ago
Australia Building Approval Data Due On Thursday

Australia Building Approval Data Due On Thursday

Australia will on Thursday release December data for building approvals, highlighting a light day for Asia-Pacific economic activity. Approvals are expected to rise 1.0 percent on month after sinking 9.0 percent in November.
RTTNews | 888 days ago
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New Zealand Building Permits Sink 7.2% In December

New Zealand Building Permits Sink 7.2% In December

The total number of building permits issued in New Zealand was down a seasonally adjusted 7.2 percent on month in December, Statistics New Zealand said on Thursday - coming in at 3,457.
RTTNews | 888 days ago
Dollar Drifts Lower Against Major Rivals

Dollar Drifts Lower Against Major Rivals

Despite comments from the Federal Reserve Chair Jerome Powell that further monetary policy tightening, the U.S. dollar drifted lower against its major counterparts on Wednesday.
RTTNews | 888 days ago
Fed Raises Interest Rates By Another Quarter Point, Signals Further Rate Hikes

Fed Raises Interest Rates By Another Quarter Point, Signals Further Rate Hikes

The Federal Reserve on Wednesday announced its widely anticipated decision to raise interest rates by another quarter point. After a two-day meeting, the Fed said it has decided to raise the target range for the federal funds rate by 25 basis points to 4.50 to 4.75 percent. The latest interest rate hike comes after the central bank raised rates by 75 basis points in November and by 50 basis poin
RTTNews | 888 days ago
Swiss Market Ends On Weak Note

Swiss Market Ends On Weak Note

Save for a few minutes at the start of the day's session, the Switzerland stock market was down in negative territory on Wednesday with investors choosing to exit several counters amid a lack of positive triggers.
RTTNews | 888 days ago
Major European Markets Pare Early Gains, Close On Mixed Note

Major European Markets Pare Early Gains, Close On Mixed Note

Despite spending much of the day's session in positive territory, the major European markets ended on a mixed note on Wednesday as the mood turned a bit cautious past mid afternoon with investors looking ahead to the Federal Reserve's monetary policy announcement.
RTTNews | 888 days ago

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