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Forex Nyheter
Win Streak May Continue For Indonesia Stock Market
The Indonesia stock market has moved higher in back-to-back sessions, gathering more than 40 points or 0.7 percent along the way. The Jakarta Composite Index now rests just above the 6,810-point plateau and it may add to its winnings on Thursday.
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Australian Market Slightly Lower
The Australian stock market is slightly lower on Thursday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 7,200 level, despite the positive cues from Wall Street overnight, dragged by weakness in gold miners.
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Japan March Current Account Surplus Y2.278 Trillion Yen
Japan had a current account surplus of 2.278 trillion yen in March, the Ministry of Finance said on Thursday - down 29.6 percent on year.
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Hong Kong Shares Expected To Halt Slide On Thursday
The Hong Kong stock market has moved lower in two straight sessions, slumping almost 540 points or 2.7 percent along the way. The Hang Seng Index now sits just above the 19,760-point plateau although it's poised to open higher on Thursday.
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China Stock Market Set To Find Traction On Thursday
The China stock market has moved lower in two straight sessions, sinking more than 75 points or 2.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,320-point plateau although it's tipped to open in the green on Thursday.
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Rebound Anticipated For Taiwan Stock Market
The Taiwan stock market on Wednesday snapped the four-day winning streak in which it had improved more than 170 points or 1.1 percent. The Taiwan Stock Exchange now rests just above the 15,640-point plateau although it's expected to bounce higher again on Thursday.
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Singapore Stock Market Tipped To Open In The Green
The Singapore stock market has moved lower in four straight sessions, slipping more than 25 points or 0.8 percent along the way. The Straits Times Index now sits just above the 3,240-point plateau although it's due for support on Thursday.
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Malaysia Stock Market Tipped To End Losing Streak
The Malaysia stock market has finished lower in back-to-back sessions, giving up almost 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,425-point plateau although it may stop the bleeding on Thursday.
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Tech Shares Expected To Boost KOSPI On Thursday
The South Korea stock market has moved lower in consecutive trading days, slipping more than 25 points or 1 percent along the way. The KOSPI now rests just above the 2,500-point plateau although it figures to find traction on Thursday.
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China Inflation Data Due On Thursday
China will on Thursday release April figures for consumer and producer prices, highlighting a modest day for Asia-Pacific economic activity.
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U.S. Dollar Seeing Modest Weakness Following Inflation Data
After seeing some strength in the early morning, the value of the U.S. dollar has moved to the downside during trading on Wednesday.
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Dollar Weakens As Soft U.S. Inflation Data Boosts Fed Pause Hopes
The U.S. dollar was lower against its major counterparts in the European session on Wednesday, as the nation's consumer inflation came in lower than expected in April, raising expectations that the Federal Reserve is likely to pause its policy tightening in the future.
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U.S. Consumer Prices Increase 0.4% In April, Annual Growth Slows To 4.9%
Consumer prices in the U.S. increased in line with economist estimates in the month of April, the Labor Department revealed in a highly anticipated report released on Wednesday. The Labor Department said its consumer price index climbed by 0.4 percent in April after inching up by 0.1 percent in March. Economists had expected consumer prices to rise by 0.4 percent.
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