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Noticias de Forex
South Korea GDP Jumps 1.3% In Q1
South Korea's gross domestic product expanded a seasonally adjusted 1.3 percent on quarter in the first three months of 2024, the Bank of Korea said on Thursday.
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Rally May Stall For Malaysia Stock Market
The Malaysia stock market has moved higher in six straight sessions, gathering almost 40 points or 2.5 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,570-point plateau and it may be stuck in neutral on Thursday.
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Little Movement Seen For South Korea Shares
The South Korea stock market has alternated between positive and negative finishes through the last five trading days since the end of the four-day losing streak in which it had plunged almost 125 points or 4.6 percent. The KOSPI now sits just above the 2,675-point plateau and it's likely to remain rangebound again on Thursday.
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South Korea GDP Data Due On Thursday
South Korea will on Thursday release preliminary Q1 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to rise 0.6 percent on quarter and 2.4 percent on year after gaining 0.6 percent on quarter and 2.2 percent on year in the three months prior.
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TSX Snaps 5-day Winning Streak, Ends Moderately Lower
After five successive days of gains, the Canadian market turned in a weak performance on Wednesday with stocks from industrials and communications sectors declining sharply.
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Dollar Turns In Mixed Performance Ahead Of GDP, PCE Data
The U.S. dollar stayed fairly steady on Wednesday, scoring gains against some of its major counterparts, and drifting down a bit against some, as traders digested U.S. durable goods orders data, and awaited Q1 GDP data and a report on personal income and spending that includes readings on inflation said to be preferred by the Fed.
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Canadian Market Retreats After Recent Gains, Looks Headed For Weak Close
The Canadian market is languishing in negative territory Wednesday afternoon, weighed down to a large extent due to losses in industrials and communications sectors. Financials and technology stocks are also weak.
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Swiss Market Ends Moderately Lower
The Switzerland market ended on a weak note on Wednesday as investors largely stayed cautious and chose to lighten some commitments ahead of a slew of crucial economic data from the U.S.
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Canadian Dollar Drops As Retail Sales Fall Unexpectedly
The Canadian dollar moved down against its major counterparts in the New York session on Wednesday, following the release of weak retail sales data for February.
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European Stocks Fail To Hold Gains, Close Weak
European stocks failed to hold early gains and ended weak on Wednesday with the mood turning cautious past mid afternoon as investors awaited some crucial U.S. economic data for more clarity about the outlook for interest rates.
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U.S. Durable Goods Orders Surge 2.6% In March, More Than Expected
With orders for transportation equipment showing a substantial increase, the Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods surged by more than expected in the month of March. The report said durable goods orders soared by 2.6 percent in March after climbing by a downwardly revised 0.7 percent in February.
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Canadian Pacific Kansas City Q1 Profit Declines 3%; Results Miss Estimates
Canadian Pacific Kansas City Ltd. (CP, CP.TO) reported Wednesday that first-quarter net income attributable to controlling shareholders declined to 3 percent to C$775 million or C$0.83 per share from C$800 million or C$0.86 per share in the prior-year quarter.
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Ascendis Pharma Says UK Approves YORVIPATH For Treatment Of Adults With Chronic Hypoparathyroidism
Danish pharmaceutical company Ascendis Pharma A/S (ASND) announced that the United Kingdom's Medicines & Healthcare products Regulatory Agency (MHRA) has granted marketing authorization for YORVIPATH (palopegteriparatide; developed as TransCon PTH) in Great Britain as a parathyroid hormone (PTH) replacement therapy indicated for the treatment of adults with chronic hypoparathyroidism
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