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Yen Rises Against Majors

The Japanese strengthened against other major currencies in the Asian session on Thursday.
RTTNews | vor 662 Tagen
Hong Kong Central Bank Hikes Key Rate

Hong Kong Central Bank Hikes Key Rate

Hong Kong's central bank raised its benchmark rate by a quarter-point on Thursday, in tandem with the decision of the US Federal Reserve. The Hong Kong Monetary Authority adjusted the Base Rate to 5.75 percent from 5.50 percent, with immediate effect.
RTTNews | vor 662 Tagen
European Economic News Preview: ECB Monetary Policy Announcement Due

European Economic News Preview: ECB Monetary Policy Announcement Due

The European Central Bank is slated to announce its monetary policy decision later today after the U.S. Federal Reserve hiked its benchmark rate by a quarter-point on Wednesday. Markets widely expect the ECB to raise the main refi rate again by 25 basis points, to 4.25 percent. The outcome of the governing council meeting held in Frankfurt is due at 8.15 am ET.
RTTNews | vor 662 Tagen
European Shares Seen Opening Firm Ahead Of ECB Meet

European Shares Seen Opening Firm Ahead Of ECB Meet

European stocks may open a tad higher on Thursday as investors react to the Fed policy decision overnight and await further direction from the ECB rate announcement later in the day.
RTTNews | vor 662 Tagen
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Asian Markets Higher After Fed Decision

Asian Markets Higher After Fed Decision

Asian stock markets are trading mostly higher on Thursday, despite the broadly negative cues from global markets overnight, as traders react to the US Fed's widely expected decision to resume hiking interest rates following a pause last month. The Fed decided to raise the target range for the federal funds rate by 25 basis points. Asian Markets closed mostly lower on Wednesday.
RTTNews | vor 662 Tagen
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is modestly higher in choppy trading on Thursday after opening in the red, snapping a four-session losing streak, with the Nikkei 225 moving above the 32,700 level, despite the broadly negative cues from global markets overnight, with gains in index heavyweights and technology stocks.
RTTNews | vor 662 Tagen
Sensex, Nifty Seen Tad Higher On Less Hawkish Fed Hike

Sensex, Nifty Seen Tad Higher On Less Hawkish Fed Hike

Indian shares are seen opening higher on Thursday as global sentiment improved on less hawkish Fed hike. Encouraging earnings results from the likes of Cipla, Punjab National Bank and Tata Consumer Products may also aid sentiment.
RTTNews | vor 662 Tagen
Thai Shares Likely Rangebound On Thursday

Thai Shares Likely Rangebound On Thursday

The Thai stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day winning streak in which it had more than 20 points or 1.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,525-point plateau and it's expected to see little movement on Thursday.
RTTNews | vor 662 Tagen
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is notably higher on Thursday, extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 staying above the 7,400 level, despite the mostly negative cues from global markets overnight, with gains in financial and technology stocks partially offset by losses in mining and energy stocks.
RTTNews | vor 662 Tagen
Rally May Stall For Indonesia Stock Market

Rally May Stall For Indonesia Stock Market

The Indonesia stock market has tracked higher in five straight sessions, gathering more than 120 points or 1.8 percent along the way. The Jakarta Composite Index now sits just beneath the 6,950-point plateau although it may run out of steam on Thursday.
RTTNews | vor 662 Tagen

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