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Tech Shares May Boost South Korea Stock Market
The South Korea stock market on Wednesday halted the five-day winning streak in which it had jumped more than 60 points or 2.5 percent. The KOSPI now rests just above the 2,430-point plateau although it may tick higher again on Thursday.
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Pred 935 dňami
Japan GDP Data Due On Thursday
Japan will on Thursday release Q4 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to add 0.2 percent on quarter and 0.8 percent on year after slipping 0.3 percent on quarter and 1.0 percent on year in Q3.
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Pred 935 dňami
TSX Ends Modestly Higher As Technology Stocks Rise
The Canadian market ended modestly higher on Wednesday, led by gains in technology stocks.
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Dollar Moves In Tight Range
The U.S. dollar moved in a tight range on Wednesday, but stayed largely firm against its major counterparts, with investors reacting to the Federal Reserve's testimony before the Congress, and digesting the private sector jobs data.
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New Zealand Electronic Card Retail Sales Unchanged In February
The value of electronic card retail sales in New Zealand was roughly flat in February on a seasonally adjusted monthly basis, Statistics New Zealand said on Thursday - after rising 2.6 percent in the previous month.
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Fed's Beige Book Says U.S. Economic Activity Increased Slightly
The Federal Reserve released its Beige Book on Wednesday, with the report indicating overall economic activity in the U.S. increased slightly in early 2023. The Beige Book, a compilation of anecdotal evidence on economic conditions in each of the twelve Fed districts, said six districts reported little or no change in economic activity since the last report.
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Swiss Market Ends Weak For 3rd Straight Day
The Switzerland stock market ended weak on Wednesday, extending recent losses, as concerns about interest rates and slowing growth rendered the mood a bit bearish again.
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European Stocks Close Broadly Higher After Cautious Session
European stocks closed broadly higher on Wednesday with investors digesting Federal Reserve Chair Jerome Powell's hawkish remarks during his testimony before the Senate Banking Committee.
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Canadian Market Modestly Higher After BoC Rate Decision
The Canadian market is modestly higher a little past noon on Wednesday with investors digesting the Bank of Canada's interest rate decision and a slew of earnings announcements.
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Pred 935 dňami
Japanese Yen Higher On Fed Rate Hike Concerns
The Japanese yen climbed against its major counterparts during the European session on Wednesday, as hawkish comments from Fed Chair Jerome Powell stoked concerns about the possibility of a larger rate hike by the central bank later in the month.
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Bank Of Canada Leaves Interest Rates Unchanged As Forecast
After signaling in January that it was done raising interest rates, the Bank of Canada followed through on Wednesday and left rates unchanged. The Bank of Canada said its Governing Council decided to maintain the policy rate at 4.5 percent, noting global economic developments have evolved broadly in line with the January outlook.
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U.S. Trade Deficit Widens Less Than Expected To $68.3 Billion In January
The U.S. trade deficit saw a modest increase in the month of January, according to a report released by the Commerce Department on Wednesday. The Commerce Department said the trade deficit widened to $68.3 billion in January from a revised $67.2 billion in December.
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Pred 935 dňami
ABM Industries Q1 Adj. EPS Tops Estimates, But Revenues Miss; Backs FY23 Outlook
Facility management company ABM Industries, Inc. (ABM) reported on Wednesday first-quarter net income of $38.5 million or $0.58 per share, sharply lower than $76.0 million or $1.01 per share in the prior-year quarter.
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Pred 935 dňami
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