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Forex News
Japan Stock Market Due For Support On Friday
The Japanese stock market has finished lower in five straight sessions, declining more than 1,050 points or 2.7 percent in that span. The Nikkei 225 now rests just above the 38,800-point plateau although it may stop the bleeding on Friday.
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251 days ago
Mild Consolidation Anticipated For KOSPI
The South Korea stock market headed south again on Thursday, one day after snapping the two-day slide in which it had retreated almost 40 points or 1.4 percent. The KOSPI now rests just above the 2,435-point plateau and it may tick lower again on Friday.
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251 days ago
TSX Ends Weak For 6th Straight Session
The Canadian market closed weak on Thursday, falling for the sixth consecutive session, as fears of tariff hikes, hawkish comments from the Federal Reserve, and concerns about economic slowdown rendered the mood bearish once again. Rising bond yields weighed as well.
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251 days ago
New Zealand Has NZ$437 Million Trade Shortfall In November
New Zealand posted a merchandise trade deficit of NZ$437 million in November, Statistics New Zealand said on Friday.
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251 days ago
Japan Inflation Data Due On Friday
Japan will on Friday release November numbers for consumer prices, highlighting a busy day for Asia-Pacific economic activity. In October, overall inflation was up 0.4 percent on month and 2.3 percent on year, while core CPI also rose an annual 2.3 percent.
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251 days ago
Dollar Rises On Upbeat Economic Data, Hawkish Fed Comments
The U.S. dollar climbed to a two-year high on Thursday on upbeat economic data and the Federal Reserve's signal that rate cuts next year will be fewer than previously expected.
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251 days ago
U.S. Dollar Advances After Strong Economic Data
The U.S. dollar rose against its major counterparts in the New York session on Thursday, as better-than-expected economic data suggested that economy is on solid footing.
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251 days ago
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Swiss Market Ends Sharply Lower
The Switzerland market closed sharply lower on Thursday, in line with markets across Europe, as concerns about outlook for interest rates and economic growth weighed on sentiment.
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251 days ago
European Stocks Close Notably Lower On Hawkish Fed, Growth Concerns
European stocks closed notably lower on Thursday, with several markets falling to multi-week lows, as investors reacted to the policy announcements and views about economic outlook from the Federal Reserve and the Bank of England, in addition to digesting the latest batch of European and U.S. economic data.
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251 days ago
Canadian Market Extends Losses
The Canadian market is down in negative territory around noon on Thursday with stocks drifting lower for a sixth straight session, weighed down by lingering concerns about the outlook for growth, fears of tariff hikes, and hawkish comments from the Federal Reserve.
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251 days ago
U.S. Leading Economic Index Rises For First Time Since February 2022
The Conference Board released a report on Thursday showing its reading on leading U.S. economic indicators increased for the first time in well over two years in the month of November. The report said the leading economic index rose by 0.3 percent in November after falling by 0.4 percent in October. Economists had expected the index to edge down by 0.1 percent.
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251 days ago
U.S. Existing Home Sales Spike To Eight-Month High In November
After reporting a significant rebound by U.S. existing home sales in the previous month, the National Association of Realtors released a report on Thursday showing another substantial increase by existing home sales in the month of November. NAR said existing home sales spiked by 4.8 percent to an annual rate of 4.15 million in November.
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251 days ago
Philly Fed Index Unexpectedly Slides To Lowest Level In Over A Year In December
Philadelphia-area manufacturing activity declined overall in the month of December, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity slumped to a negative 16.4 in December from a negative 5.5 in November, with a negative reading indicating contraction.
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251 days ago
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