Singapore Export Data Due On Friday
(RTTNews) - Singapore will on Friday release September numbers for non-oil domestic exports, highlighting a light day for Asia-Pacific economic activity. In August, NODX were down 8.9 percent on month and 11.3 percent on year.
South Korea will see September figures for import and export prices and unemployment. In August, import prices fell 2.2 percent on year and export prices slipped an annual 1.0 percent. The jobless rate was 2.6 percent.
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U.S. Dollar Rises After Fed Rate Hike
The U.S. dollar strengthened against other major currencies in the Asian session on Thursday, after the U.S. Federal Reserve delivered its first interest-rate hike since July 2023, and suggested rates may need to go still higher to get inflation under control.
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12 minutes ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Thursday.
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1h 6min ago
European Shares Seen Opening Up As Traders Shrug Off Fed Hike
European stocks are seen opening higher on Thursday after the U.S. Federal Reserve delivered its first interest-rate hike since July 2023 and suggested rates may need to go still higher to get inflation under control.
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2h 54min ago
Indian Shares Edge Higher In Cautious Trade
Indian shares eked out modest gains in cautious trade on Thursday as investors weighed a Federal Reserve's hawkish rate hike as well as tightening U.S. sanctions on Russian oil against falling crude oil prices in international markets.
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3h 44min ago
Australian Market Trims Early Gains In Mid-market
The Australian market is trimming its early gains in mid-market moves on Thursday, but extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,700 level, with gains in iron ore miners and financial stocks partially offset by weakness in gold miners, energy and technology stocks.
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4h 59min ago
Asian Markets Trade Mostly Higher
Asian markets are trading mostly higher on Thursday, despite the broadly negative cues from Wall Street overnight, amid a pullback of the surge in long-term bond yields after the US Fed delivered the first interest rate hike in more than three years since July 2023. Crude oil prices also pulled back on easing Middle East supply concerns amid reports of Saudi Arabia loading crude cargoes via Oman.
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5h 9min ago
Indian Shares Seen Little Changed At Open After Fed Rate Hike
Indian shares are seen opening little changed on Thursday as investors weigh a Federal Reserve's hawkish rate hike against falling oil prices.
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5h 43min ago
Oversold Thai Stock Market Called Lower Again
The Thai stock market has moved lower in six straight sessions, retreating more than 55 points or 3.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,560-point plateau and it's expected to open under water again on Thursday.
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6h 28min ago
