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Forex News
Asian Shares Advance On Optimism Over US Economy
Asian stocks ended mostly higher on Thursday as encouraging U.S. data and earnings helped ease recession concerns.
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1070 days ago
European Economics Preview: Bank Of England Monetary Policy Decision Due
The monetary policy announcement from the Bank of England is due on Thursday, headlining a light day for the European economic news. The BoE is expected to raise its benchmark rate by 50 basis points to 1.75 percent, combat high inflation and the cost of living crisis. The bank is scheduled to issue the monetary policy summary and the minutes to the monetary policy committee meeting at 7.00 am ET.
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1070 days ago
European Shares Likely To Open On Steady Note
European stocks are seen opening on a steady note Thursday as U.S. House Speaker Nancy Pelosi left Taiwan after reiterating her support for the island.
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1070 days ago
Sensex, Nifty Follow Global Peers Higher As Recession Fears Ease
Indian shares opened higher on Thursday to extend gains for the seventh day running, as geopolitical tensions ebbed and encouraging U.S. economic data helped ease concerns about a recession.
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1070 days ago
Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from global markets overnight, as traders reacted positively to some upbeat U.S. economic data on services sector activity and manufactured goods new orders, which helped ease concerns about a lingering recession and sharper interest rate hikes. Asian Markets closed mixed on Wednesday.
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1070 days ago
Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Thursday, extending the gains in the previous session, with the Nikkei 225 just below the 27,900 level, following the broadly positive cues from global markets overnight, boosted by strength in technology stocks, which mirrored their peers on the tech-heavy Nasdaq.
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1070 days ago
Sensex, Nifty Likely To See Cautious Gains At Open
Indian shares may see cautious gains at open on Thursday despite strong gains on Wall Street overnight. Investors await the outcome of the RBI policy meeting on Friday, with economists factoring in a 35-50 bps rate hike to rein in inflation.
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1070 days ago
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Thai Stock Market May Crack 1,600-Point Barrier
The Thai stock market bounced higher again on Wednesday, one session after snapping the two-day winning streak in which it had gathered more than 40 points or 2.6 percent. The Stock Exchange of Thailand now rests just beneath the 1,595-point plateau and it's tipped to open in the green again on Thursday.
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1070 days ago
Higher Open Predicted For Indonesia Stock Market
The Indonesia stock market has moved higher in three straight sessions, collecting more than 95 points or 1.4 percent along the way. The Jakarta Composite Index now sits just beneath the 7,050-point plateau and it's tipped to open in the green again on Thursday.
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1070 days ago
Australian Market Modestly Higher
The Australian stock market is modestly higher on Thursday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 a tad below the 7,000 mark, following the broadly positive cues from global markets overnight, with the gains led by technology and financial stocks, partially offset by weakness in materials and energy stocks.
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1071 days ago
Additional Support Anticipated For Hong Kong Shares
The Hong Kong stock market has finished higher in two of three trading days since the end of the three-day slide in which it had slumped more than 750 points or 3.8 percent. The Hang Seng Index now sits just beneath the 19,770-point plateau and it's looking at another firm start again on Thursday.
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1071 days ago
China Stock Market Tipped To Find Traction On Thursday
The China stock market has finished lower in two straight sessions, sinking almost 100 points or 3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,165-point plateau although it figures to stop the bleeding on Thursday.
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1071 days ago
Taiwan Stock Market Predicted To Open In The Green
The Taiwan stock market on Wednesday ended the two-day slide in which it had slumped more than 250 points or 1.7 percent. The Taiwan Stock Exchange now rests just above the 14,775-point plateau and it may see additional support on Thursday.
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1071 days ago
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