Forex News

European Economic News Preview: ECB Monetary Policy Announcement Due

The monetary policy decision from the European Central Bank is the top event due on Thursday, headlining a light day for the European economic news. The ECB is widely expected to keep its interest rates unchanged and also to retain its hawkish bias. The announcement is due at 8.15 AM ET. At the September meeting, the ECB had raised its refi rate by 25 basis points to 4.50 percent.
RTTNews | 621 days ago
Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Thursday, reflecting the broadly sell-off on Wall Street overnight, amid disappointing earnings reports, a surge in Treasury yields, concerns about interest rates and the outlook for economic growth. Worries about the conflict in the Middle East amidst reports of an imminent ground invasion of Gaza by Israel also weighed on the markets.
RTTNews | 621 days ago
Japanese Market Sharply Lower; Down 600 Points

Japanese Market Sharply Lower; Down 600 Points

Dragged by the broadly negative cues from Wall Street overnight, Japanese shares are sharply lower on Thursday after gaining for the two straight sessions. The Nikkei 225 Index is falling below the 30,700 level, with weakness across most sectors led by index heavyweights and technology stocks.
RTTNews | 621 days ago
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Lower Open Anticipated For Thai Stock Market

Lower Open Anticipated For Thai Stock Market

The Thai stock market on Wednesday wrote a finish to the three-day slide in which it had slumped almost 50 points or 3.3 percent. The Stock Exchange of Thailand now rests just above the 1,400-point plateau although it's likely to turn lower again on Thursday.
RTTNews | 621 days ago
Australian Market Significantly Lower

Australian Market Significantly Lower

Dragged by the broadly negative cues from Wall Street overnight, Australian shares are trading significantly lower and losing for the second straight session on Thursday. The benchmark S&P/ASX 200 is falling below the 6,800 level to 12-month lows, with losses across most sectors led by financial and technology stocks.
RTTNews | 621 days ago
Rally May Stall For Indonesia Stock Market

Rally May Stall For Indonesia Stock Market

The Indonesia stock market has moved higher in two straight sessions, gathering more than 95 points or 1.3 percent along the way. The Jakarta Composite Index now sits just above the 6,830-point plateau although it may run out of steam on Thursday.
RTTNews | 621 days ago
Hong Kong Shares Tipped To Open In The Red

Hong Kong Shares Tipped To Open In The Red

The Hong Kong stock market on Wednesday snapped the four-day losing streak in which it had plummeted more than 780 points or 4.7 percent. The Hang Seng Index now rests just above the 17,080-point plateau although it's expected to find renewed selling pressure on Thursday.
RTTNews | 621 days ago
China Bourse May Run Out Of Steam On Thursday

China Bourse May Run Out Of Steam On Thursday

The China stock market has moved higher in back-to-back sessions, gathering almost 35 points or 1.2 percent along the way. The Shanghai Composite Index now rests just beneath the 2,975-point plateau although investors are likely to cash in on Thursday.
RTTNews | 621 days ago

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