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Forex News
Sensex, Nifty Open Higher On RBI Rate Cut Bets
Indian shares opened on a firm note Thursday as signs of a slowing economy towards the end of 2024 and falling retail inflation reinforced the views that the Reserve Bank of India (RBI) will continue to loosen its monetary policy in coming months.
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145 days ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, as data showing a bigger than expected increase in U.S. consumer price inflation raised speculation the US Fed will leave interest rates on hold for a prolonged period. Traders also remain cautious amid raising fears of a brewing global trade war and its impact on inflation.
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145 days ago
Australian Market Trims Early Gains In Mid-market
The Australian market is trimming early gains in mid-market moves on Thursday, but extends the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
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145 days ago
Sensex, Nifty Set To Follow Asian Peers Higher Amid Ukraine Peace Talks
Indian shares may open a tad higher on Thursday as a bond sell-off paused and U.S. President Donald Trump said the U.S. and Russia will immediately begin negotiations toward ending the Ukraine conflict.
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145 days ago
Thai Shares Expected To Return To The Downside
Ahead of Wednesday's holiday for Makha Bucha Day, the Thai stock market had moved higher in two of three trading days since the end of the seven-day losing streak in which it had plummeted more than 85 points or 6.3 percent. The Stock Exchange of Thailand now sits just above the 1,280-point plateau and it figures to open under pressure on Thursday.
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145 days ago
Little Movement Expected For Indonesia Stock Market
The Indonesia stock market on Wednesday ended the five-day losing streak in which it had plummeted more than 540 points or 7.9 percent. The Jakarta Composite Index now sits just beneath the 6,650-point plateau and it's expected to remain in that neighborhood again on Thursday.
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145 days ago
Japanese Market Sharply Higher
The Japanese market is trading sharply higher on Thursday, extending the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,400 level, with gains across most sectors led by most index heavyweights and financial stocks.
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145 days ago
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Overbought Hang Seng Tipped To Open In The Red
The Hong Kong stock market rebounded hard on Wednesday, one day after snapping the three-day winning streak in which it had rallied more than 820 points or 3.9 percent. The Hang Seng Index now rests just beneath the 21,860-point plateau although it's looking at a soft start on Thursday.
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145 days ago
Australian Market Modestly Higher
The Australian market is trading modestly higher on Thursday, extending the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
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145 days ago
Lower Open Called For China Stock Market
The China stock market bounced higher again on Wednesday, one day after snapping the three-day winning streak in which it had improved almost 90 points or 2.8 percent. The Shanghai Composite Index now rests just beneath the 3,350-point plateau although it may open in the red on Thursday.
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145 days ago
Taiwan Stock Market May See Continued Consolidation
The Taiwan stock market has moved lower in two of three trading days since the end of the four-day winning streak in which it had spiked more than 760 points or 3.4 percent. The Taiwan Stock Exchange now rests just above the 23,380-point plateau and it may take further damage on Thursday.
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145 days ago
Japan Producer Prices Rise 0.3% In January
Producer prices in Japan were up 0.3 percent on month in January, the Bank of Japan said on Thursday.
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145 days ago
Singapore Bourse May Hand Back Wednesday's Gains
The Singapore stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had advanced almost 60 points or 1.7 percent. The Straits Times Index now sits just above the 3,870-point plateau although it's expected to turn lower again on Thursday.
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145 days ago
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