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Malaysia Stock Market Tipped To Open In The Red
The Malaysia stock market on Thursday wrote a finish to the modest two-day winning streak in which it had gathered more than 7 points or 0.5 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,445-point plateau and the losses may accelerate on Friday.
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South Korea Bourse May Extend Thursday's Losses
The South Korea stock market on Thursday ended the two-day winning streak in which it had gained more than 25 points or 1 percent. The KOSPI now sits just above the 2,415-point plateau and it may take further damage on Friday.
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Japan Inflation Data Due On Friday
Japan will on Friday see September figures for nationwide consumer prices, highlighting a modest day for Asia-Pacific economic activity. In August, overall inflation was up 0.3 percent on month and 3.2 percent on year, while core CPI rose an annual 3.1 percent.
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New Zealand Has NZ$2.329 Billion Trade Deficit In September
New Zealand posted a merchandise trade deficit of NZ$2.329 billion in September, Statistics New Zealand said on Friday.
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TSX Closes At 2-week Low As Geopolitical Tensions, Rate Concerns Weigh
The Canadian market closed at a two-week low on Thursday, as stocks fell amid concerns about interest rates and geopolitical tensions.
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Dollar Exhibits Weakness Against Major Counterparts
The U.S. dollar turned in a weak performance on Thursday as the yield on U.S. 10-year Treasury note came off near 5% level.
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Swiss Market Ends Sharply Lower
Swiss stocks fell sharply on Thursday as growth worries, interest rate concerns and geopolitical tensions rendered the mood bearish.
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more news
European Stocks Close Lower On Rising Bond Yields, Geopolitical Tensions
European stocks closed lower on Thursday, hurt by the escalation in tensions in the Middle East, and higher bond yields. Investors also digested a mixed batch of corporate results.
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Powell Says Inflation 'Still Too High,' Warns Of Additional Tightening
Federal Reserve Chair Jerome Powell delivered highly anticipated remarks at an Economic Club of New York luncheon on Thursday, arguing that inflation is "still too high" and warning additional monetary policy tightening may be needed.
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U.S. Leading Economic Index Declines More Than Expected In September
A reading on leading U.S. economic indicators fell by more than expected in the month of September, according to a report released by the Conference Board on Thursday. The Conference Board said its leading economic index slid by 0.7 percent in September after falling by a revised 0.5 percent in August.
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U.S. Existing Home Sales Tumble To 13-Year Low In September
A report released by the National Association of Realtors on Thursday showed a notable decrease in U.S. existing home sales in the month of September. Existing home sales decreased for the fourth consecutive month, falling to their lowest level since October 2010.
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Vaxcyte Says FDA OK's IND Application Of VAX-31 For Prevention Of Invasive Pneumococcal Disease
Vaccine maker Vaxcyte, Inc. (PCVX) announced Thursday that the U.S. Food and Drug Administration (FDA) has cleared the Company's adult Investigational New Drug (IND) application for VAX-31, a 31-valent pneumococcal conjugate vaccine (PCV) candidate designed to prevent invasive pneumococcal disease (IPD).
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U.S. Jobless Claims Unexpectedly Dip To Nearly Nine-Month Low
The Labor Department released a report on Thursday showing first-time claims for unemployment benefits in the U.S. unexpectedly declined to a nearly nine-month low in the week ended October 14th. The report said initial jobless claims fell to 198,000, a decrease of 13,000 from the previous week's revised level of 211,000.
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