Forex News

Indonesia GDP Expands 5% In 2024

Indonesia's economy expanded almost at a steady pace in 2024 but far behind President Prabowo Subianto's ambitious goal of 8 percent, official data revealed Wednesday. In 2024, Southeast Asia's largest economy advanced 5.03 percent, slightly slower than the 5.05 percent growth in 2023, Statistics Indonesia reported.
RTTNews | 156 days ago
European Economic News Preview: Eurozone Composite PMI Data Due

European Economic News Preview: Eurozone Composite PMI Data Due

The final composite Purchasing Managers' survey results from the euro area and the UK are due on Wednesday, headlining a busy day for the European economic news. At 2.45 am ET, France's statistical office INSEE publishes industrial production data for December. Output is forecast to fall 0.1 percent on month, reversing a 0.2 percent fall in November.
RTTNews | 156 days ago
China Services Activity Growth Softens In January

China Services Activity Growth Softens In January

China's services activity continued to expand in January but the growth softened amid slowing new business growth and job shedding, survey results from S&P Global revealed on Wednesday. The Caixin services Purchasing Managers' Index posted 51.0 in January, down from 52.2 in December. The reading was forecast to edge up to 52.3. The score has remained above 50.0 signalling expansion since January.
RTTNews | 157 days ago
Sensex, Nifty Pause After Strong Rally

Sensex, Nifty Pause After Strong Rally

Indian shares were little changed on Wednesday after rallying sharply the previous day on easing tariff concerns and expectations of a rate cut by the RBI later this week.
RTTNews | 157 days ago
Asian Markets Trade Mixed Amid Tariff Worries

Asian Markets Trade Mixed Amid Tariff Worries

Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders are cautious and are concerns about a global trade war after President Donald Trump decided to impose tariffs on imports from China, Mexico and Canada, with the trading partners retaliating with counter tariffs. Asian markets closed mostly higher on Tuesday.
RTTNews | 157 days ago
Australian Market Maintains Early Gains In Mid-market

Australian Market Maintains Early Gains In Mid-market

The Australian stock market is maintaining its early gains in mid-market trading on Wednesday, and extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains across most sectors led by mining and energy stocks.
RTTNews | 157 days ago
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Thai Bourse May End Losing Streak On Wednesday

Thai Bourse May End Losing Streak On Wednesday

The Thai stock market has finished lower in five straight sessions, sinking more than 45 points or 3.3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,300-point plateau although it figures to stop the bleeding on Wednesday.
RTTNews | 157 days ago
Higher Open Predicted For Indonesia Stock Market

Higher Open Predicted For Indonesia Stock Market

The Indonesia stock market has finished higher in two of three trading days since the end of the three-day losing streak in which it had stumbled more than 180 points or 2.6 percent. The Jakarta Composite Index now sits just above the 7,070-point plateau and it's got a firm lead for Wednesday's trade.
RTTNews | 157 days ago
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Wednesday, adding to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 38,800 level, with gains in gains across most sectors led by index heavyweights and financial stocks.
RTTNews | 157 days ago
Australian Market Notably Higher

Australian Market Notably Higher

Australian shares are trading notably higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,400 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and technology stocks.
RTTNews | 157 days ago
Hong Kong Shares Tipped To Open To The Upside

Hong Kong Shares Tipped To Open To The Upside

The Hong Kong stock market surged higher again on Tuesday, on day after ending the three-day winning streak in which it had advanced almost 525 points or 2.6 percent. The Hang Seng Index now rests just beneath the 20,800-point plateau and it's expected to move higher again on Wednesday.
RTTNews | 157 days ago

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