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Forex News
Bank Of Korea Lifts Key Rate By 25 Bps
The Bank of Korea opted for a smaller rate hike on Thursday, after delivering a record half percentage points increase last month, as downside risks to growth escalates amid high inflation. The Monetary Policy Board of the Bank of Korea decided to hike the Base Rate by 25 basis points to 2.50 percent from 2.25 percent.
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1047 days ago
European Shares May Open On Firm Note As Investors Eye ECB Minutes
European stocks are seen opening on a steady note Thursday as investors await the minutes of the ECB's last policy meeting later in the day and a key speech by Federal Reserve Chair Jerome Powell on Friday for clues about the monetary policy outlook.
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1047 days ago
European Economics Preview: Germany Business Confidence, GDP Data Due
Business confidence survey results and detailed quarterly national accounts from Germany are the major economic reports due on Thursday. At 2.00 am ET, Destatis is slated to publish Germany's GDP data for the second quarter. According to flash estimate, the largest euro area economy had stagnated after expanding 0.8 percent in the first quarter.
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1047 days ago
Indian Shares Modestly Higher In Early Trade
Indian shares opened higher on Thursday amid positive cues and the weekly F&O contract expiry.
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1047 days ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders indulged in picking up stocks at a bargain after stocks in the region mostly fell for an eighth straight session. China's pledge of more steps to shore up its economy is also aiding market sentiment. Asian Markets closed mostly lower on Wednesday.
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1047 days ago
Indian Shares Set To Follow Global Peers Higher
Indian shares are seen opening higher on Thursday, tracking firm cues from global markets.
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1047 days ago
Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Thursday, snapping the five-session losing streak, with the Nikkei 225 moving above the 28,400 level, following the broadly positive cues from Wall Street overnight, as traders indulged in picking up stocks at a bargain after the recent weakness in the market.
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1047 days ago
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Mild Rebound Predicted For Thai Stock Market
The Thai stock market headed south again on Wednesday, one day after ending the three-day slide in which it had fallen almost 25 points or 1.6 percent. The Stock Exchange of Thailand now rests just above the 1,630-point plateau although it may tick higher again on Thursday.
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1047 days ago
Indonesia Stock Market May Crack Resistance At 7,200 Points
The Indonesia stock market has tracked higher in consecutive trading days, advancing almost 90 points or 1.2 percent along the way. The Jakarta Composite Index now sits just above the 7,190-point plateau and it may extend its gains on Thursday.
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1047 days ago
Australian Market Modestly Higher
The Australian stock market is modestly higher on Thursday, extending the gains in the previous session, with the benchmark S&P/ASX 200 breaking above the 7,000 mark, following the broadly positive cues from Wall Street overnight, with gains across most sectors, materials, energy and technology stocks.
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1047 days ago
Hong Kong Bourse May End Losing Streak On Thursday
The Hong Kong stock market has moved lower in three straight sessions, sinking more than 500 points or 2.5 percent along the way. The Hang Seng now rests just beneath the 19,270-point plateau although it's poised to halt its slide on Thursday.
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1047 days ago
China Stock Market Tipped To Open In The Green
The China stock market has moved lower in consecutive trading days, slumping more than 60 points or 1.9 percent along the way. The Shanghai Composite Index new sits just above the 3,215-point plateau although it may find support on Thursday.
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1048 days ago
Taiwan Shares Poised To Halt Losing Streak
The Taiwan stock market has finished lower in three straight sessions, sinking almost 340 points or 2.2 percent along the way. The Taiwan Stock Exchange now rests just beneath the 15,070-point plateau although it's due for support on Thursday.
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1048 days ago
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