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Forex News
Singapore Stock Market May See Renewed Support On Monday
The Singapore stock market on Friday ended the two-day winning streak in which it had collected almost 20 points or 0.5 percent. The Straits Time Index now sits just beneath the 3,915-point plateau, although it's likely to tick higher again on Monday.
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122 days ago
Malaysia Stock Market May Find Traction On Monday
The Malaysia stock market has tracked lower in back-to-back sessions, slumping almost 20 points or 1.3 percent in that span. The Kuala Lumpur Composite Index now sits just shy of the 1,550-point plateau, although it may stop the bleeding on Mondy.
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122 days ago
Rebound Anticipated For Japan Stock Market
The Japanese stock market on Friday wrote a finish to the two-day winning streak in which it had rallied more than 370 points or 1 percent. The Nikkei 225 now rests just shy of the 36,900-point plateau, although it may bounce higher again on Monday.
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122 days ago
South Korea Bourse May Erase Friday's Losses
The South Korea stock market on Friday halted the two-day winning streak in which it had advanced almost 50 points or 2 percent. The KOSPI now sits just above the 2,560-point plateau although it may see renewed support on Monday.
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122 days ago
Japan Data On Tap For Monday
Japan is scheduled to release a handful of reports on Monday, highlighting a light day for Asia-Pacific economic activity. On tap are January results for current account and leading and coincident indexes, as well as February figures for bank lending.
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122 days ago
U.S. Dollar Climbs Off Worst Levels But Continues To See Moderate Weakness
The U.S. dollar is seeing moderate weakness during trading on Friday, extending the downward move seen over the past week amid concerns about the impact of President Donald Trump's new tariffs.
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124 days ago
Swiss Franc Advances Against Euro, Pound
The Swiss franc moved up against the euro and the pound in the New York session on Friday.
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124 days ago
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Swiss Market Ends Modestly Higher
The Switzerland market, which spent much of the day's session in negative territory, closed on a positive note on Friday, thanks to some strong buying at select counters in the final hour.
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124 days ago
Major European Markets Close Weak On Growth Worries Amid U.S. Policy Uncertainty
European stocks closed weak on Friday as uncertainty surrounding U.S. Government's trade policy, and growth concerns due to weak U.S. non-farm payroll data, rendered the mood cautious, prompting investors to lighten commitments ahead of the weekend.
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124 days ago
Powell Says Fed 'Well Positioned' To Wait For 'Greater Clarity' About Impact Of Trump's Policies
Citing uncertainty about the effects of President Donald Trump's policy changes, Federal Reserve Chair Jerome Powell reiterated Friday that the central bank does not "need to be in a hurry" to adjusted interest rates. Powell argued the Fed is "well positioned to wait for greater clarity" about the impact of Trump's policy changes.
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124 days ago
Canadian Dollar Falls After Soft Canada Jobs Data
The Canadian dollar declined against its major counterparts in the New York session on Friday, as disappointing jobs data raised expectations that the Bank of Canada will cut interest rates at the meeting next week.
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124 days ago
U.S. Employment Climbs Less Than Expected In February, Unemployment Rate Inches Higher
Employment in the U.S. increased by slightly less than expected in the month of February, according to a closely watched report released by the Labor Department on Friday. The report said non-farm payroll employment climbed by 151,000 jobs in February after rising by a downwardly revised 125,000 jobs in January. Economists had expected employment to grow by 160,000 jobs.
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124 days ago
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note Friday morning with investors reacting to jobs data from either side of the border, and the trend in commodities markets. Uncertainty surrounding Trump Administration's trade policy is likely to deter investors from making significant moves.
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124 days ago
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