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Forex News
China Service Sector Growth Improves Moderately In October
China's service sector growth improved in October but the expansion remained muted as new business logged the weakest rise in ten months and firms were more cautious about the economic outlook, the latest Purchasing managers' survey data from S&P Global showed on Friday. The headline Caixin services Purchasing Managers' Index posted 50.4 in October. The reading improved from September's nine-mo
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615 days ago
European Economic News Preview: Germany Foreign Trade Data Due
Foreign trade data from Germany and final services Purchasing Managers' survey results from the UK are the top economic news due on Friday. At 3.00 am ET, Destatis is scheduled to issue Germany's foreign trade data for September. Exports are forecast to fall 1.1 percent on month, following a 1.2 percent decrease in August.
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615 days ago
Malaysian Ringgit Rises To More Than 2-week High Against U.S. Dollar
The Malaysian ringgit strengthened against the U.S. dollar in the Asian session on Friday.
Against the greenback, the ringgit rose to more than a 2-week high of 4.7360 from yesterday's closing value of 4.7500.
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615 days ago
Chinese Yuan Rises To 9-day High Against U.S. Dollar
The Chinese yuan strengthened against the U.S. dollar in the Asian session on Friday.
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615 days ago
European Shares Seen Broadly Higher Ahead Of US Jobs Report
European stocks are seen opening mostly higher on Friday despite Apple offering a cautious outlook for revenue from Mac, iPad, and Wearables categories in the current quarter.
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615 days ago
Sensex, Nifty Gain On Fed Rate Optimism; Tata Motors Rallies 3%
Indian shares opened on a positive note Friday in the wake of upbeat cues from global counterparts as weak U.S. labor market data added to bets that the U.S. central bank is done with the most aggressive tightening cycle in four decades.
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615 days ago
Sensex, Nifty Seen Higher At Open
Indian shares look set to open mostly higher on Friday as investors react to continued gains in world markets, Apple's tepid holiday-quarter forecast, a sharp jump in oil prices overnight and the latest batch of earnings results from the likes of Tata Motors, Adani Power and Dabur India.
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615 days ago
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Asian Shares Extend Rally On Fed Rate Optimism
Asian stocks traded higher on Friday to extend gains from the previous session, as a hawkish interest-rate hold by the Federal Reserve coupled with weak U.S. economic data released overnight fueled hopes that the U.S. central bank is done with the most aggressive tightening cycle in four decades.
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615 days ago
Continued Strength Forecast For Thai Shares
The Thai stock market on Thursday wrote a finish to the two-day losing streak in which it had dropped more than 15 points or 1.1 percent. The Stock Exchange of Thailand now rests just above the 1,400-point plateau and it's expected to add to its winnings on Friday.
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615 days ago
Indonesia Bourse Expected To Add To Thursday's Gains
The Indonesia stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day winning streak in which it had gathered more than 95 points or 1.3 percent. The Jakarta Composite Index now sits just above the 6,750-point plateau and it's predicted to move higher again on Friday.
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615 days ago
Hong Kong Stock Market Expected To Open In The Green
The Hong Kong stock market on Thursday ended the two-day slide in which it had slumped more than 300 points or 1.8 percent. The Hang Seng Index now rests just above the 17,230-point plateau and the market may accelerate higher on Friday.
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615 days ago
Rebound Expected For China Stock Market
The China stock market has moved lower in two of three trading days since the end of the five-day winning streak in which it had jumped more than 80 points or 2.8 percent. The Shanghai Composite Index now rests just beneath the 3,010-point plateau although it's likely to bounce higher again on Friday.
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615 days ago
Win Streak May Continue For Taiwan Stock Market
The Taiwan stock market has moved higher in back-to-back sessions, accelerating almost 400 points or 2.5 percent along the way. The Taiwan Stock Exchange now sits just beneath the 16,400-point plateau and it's expected to open in the green again on Friday.
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615 days ago
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