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Forex News
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Friday, following the broadly negative cues from Wall Street overnight, with traders remaining cautious as concerns about the outlook for interest rates continue to drive global yields higher. Meanwhile, the U.S. dollar retreated and shed a bit of ground against most of its Asian major counterparts. Asian markets ended mostly lower on Thursday.
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993 days ago
Sensex, Nifty Seen Flat Amid Surging Treasury Yields
Indian shares may open flat to slightly lower on Friday as investors await earnings results from heavyweight Reliance Industries, which is expected to post robust earnings growth for the July- September quarter.
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993 days ago
Thai Stock Market Likely To Remain Rangebound
The Thai stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had gathered almost 30 points or 2 percent. The Stock Exchange of Thailand now rests just above the 1,590-point plateau although it may head south again on Friday.
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993 days ago
Japanese Market Modestly Lower
The Japanese stock market is modestly lower on Friday, extending the losses in the previous session, with the benchmark Nikkei 225 falling below the 27,000 mark, following the negative cues from Wall Street overnight, with traders cautious after domestic inflation data came in line with expectations and unchanged from last month. The yen also breached the 150 level against the dollar.
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993 days ago
Indonesia Stock Market Due For Consolidation
The Indonesia stock market has climbed higher in four straight sessions, gathering almost 170 points or 2.6 percent along the way. The Jakarta Composite Index now rests just above the 6,980-point plateau although it's likely to run out of steam on Thursday.
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993 days ago
Australian Market Significantly Lower
The Australian stock market is significantly lower on Friday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 6,700 level, following the broadly negative cues from Wall Street overnight, with weakness across most sectors, led by financial stocks, amid surging global bond yields.
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993 days ago
No Help Yet For Hong Kong Stock Market
The Hong Kong stock market has moved lower in two straight sessions, tumbling more than 630 points or 3.9 percent along the way. The Hang Seng Index now sits just above the 16,280-point plateau and it's expected to extend its losses on Friday.
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993 days ago
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Losing Streak May Continue For China Stock Market
The China stock market has finished lower in three straight sessions, sinking more than 50 points or 1.6 percent along the way. The Shanghai Composite Index now sits just above the 3,035-point plateau and it may take further damage on Friday.
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993 days ago
Taiwan Stock Market May Take Further Damage On Friday
The Taiwan stock market has moved lower in two straight sessions, slumping more than 175 points or 1.4 percent along the way. The Taiwan Stock Exchange now rests just beneath the 12,950-point plateau and it's expected to open in the red again on Friday.
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993 days ago
Continued Consolidation Called For Singapore Shares
The Singapore stock market has ticked lower in two straight sessions, although it has given up just 3 points 0.1 percent in that span. The Straits Times Index now rests just above the 3,020-point plateau and it's tipped to open in the red again on Friday.
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994 days ago
Japan Inflation Climbs 3.0% On Year In September
Consumer prices in Japan were up 3.0 percent on year in September, the Ministry of Internal Affairs and Communications said on Friday.
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994 days ago
Malaysia Stock Market Due For Profit Taking
The Malaysia stock market has finished higher in five straight sessions, gathering more than 60 points or 4.5 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,435-point plateau although investors may lock in gains on Friday.
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994 days ago
South Korea Bourse Tipped To Extend Losing Streak
The South Korea stock market has finished lower in back-to-back sessions, slipping more than 30 points or 1.3 percent along the way. The KOSPI now rests just beneath the 2,220-point plateau and it may open under pressure again on Friday.
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994 days ago
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