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Forex News
European Shares Seen Opening Up On China Stimulus
European stocks are likely to open higher on Wednesday after China stepped up support for the world's second largest economy.
The Chinese government unveiled new stimulus plans that include issuing additional sovereign debt and raising the budget deficit ratio, confirming with the country's economic development goals.
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574 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
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574 days ago
European Economic News Preview: Germany Ifo Business Confidence Data Due
Business sentiment survey data from Germany and monetary aggregates from the euro area are the top economic news due on Wednesday. At 3.00 am ET, Spain's statistical office INE releases producer prices for September. Prices had declined 10.0 percent annually in August.
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574 days ago
Sensex, Nifty Follow Global Peers Higher As Yields Stabilize
Indian shares opened on a positive note on Wednesday, mirroring firm cues from global markets as oil prices extended declines and yields stabilized after recent surge.
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574 days ago
Sensex, Nifty Seen Tad Higher At Open
Indian shares are seen opening a tad higher on Wednesday as investors react to the latest earnings results from U.S. tech giants as well as stimulus news from China and Japan.
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574 days ago
Asian Shares Mixed Amid China Stimulus Push
Asian stocks traded mixed this morning, with Chinese and Hong Kong markets rising sharply, spurred by rare fiscal measures from Beijing to address the ongoing severe liquidity crunch in the domestic property market as well as to stem the stock market's sell-off.
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574 days ago
Thai Stock Market Due For Support On Wednesday
The Thai stock market has finished lower in three straight sessions, dropping almost 50 points or 3.3 percent along the way. The Stock Exchange of Thailand now rests just above the 1,390-point plateau although it may stop the bleeding on Wednesday.
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574 days ago
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Indonesia Stock Market May See Continued Strength
The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had lost more than 90 points or 1.3 percent. The Jakarta Composite Index now sits just above the 6,800-point plateau and it's got a solid lead again for Wednesday's trade.
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574 days ago
Bargain Hunting Expected To Boost Hong Kong Shares
The Hong Kong stock market has moved lower in four straight sessions, surrendering more than 780 points or 4.7 percent along the way. The Hang Seng Index now rests just above the 16,990-point plateau although it's expected to open higher on Wednesday.
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574 days ago
Higher Open Anticipated For China Stock Market
The China stock market on Tuesday ended the four-day losing streak in which it had tumbled more than 140 points or 4.9 percent. The Shanghai Composite Index now rests just above the 2,960-point plateau and it's likely to open in the green again on Wednesday.
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574 days ago
Additional Support Predicted For Taiwan Shares
The Taiwan stock market on Tuesday ended the two-day slide in which it had fallen more than 200 points or 1.2 percent. The Taiwan Stock Exchange now sits just beneath the 16,310-point plateau and it's expected to open higher again on Wednesday.
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574 days ago
Singapore Bourse May Reclaim 3,100-Point Plateau
The Singapore stock market on Tuesday wrote a finish to the four-day slide in which it had stumbled more than 115 points or 3.8 percent. The Straits Times Index now sits just above the 3,080-point plateau and it may extend its gains on Wednesday.
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574 days ago
Malaysia Bourse Poised To Snap Losing Streak
The Malaysia stock market has moved lower in four straight sessions, slipping more than a dozen points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,435-point plateau although it's expected to halt its slide on Wednesday.
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574 days ago
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