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Asian Shares Mostly Higher As US Inflation Cools
Asian stocks rose broadly on Thursday as soft U.S. inflation data helped keep the door open for a Federal Reserve rate cut in September.
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Australia Jobless Rate Falls To 4.0%
Australia's unemployment rate dropped in May and employment increased notably, suggesting that the labour market is relatively tight, official data revealed on Thursday. The jobless rate fell to 4.0 percent in May, as expected, from 4.1 percent in April, the Australian Bureau of Statistics said. The number of people out of work decreased by 9,200 in May, reversing an increase of 33,000 in April
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Euro Rises Against Majors
The euro strengthened against other major currencies in the Asian session on Thursday.
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European Shares Seen Tad Lower After Wednesday's Rally
European stocks look set to open a tad lower on Thursday after seeing strong gains the previous day on optimism over easing inflationary pressures in the world's largest economy.
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European Economic News Preview: Eurozone Industrial Output Data Due
Industrial production from the euro area is the top economic news due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany wholesale prices for May. Economists expect wholesale prices to grow 0.3 percent on month, following a 0.4 percent gain in April.
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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, as traders reacted to soft U.S. inflation data that helped ease concerns about the outlook for interest rates. The US Fed also left interest rates unchanged as widely expected and revealed officials now expect only one interest rate cut this year.
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Sensex, Nifty Modestly Higher In Early Trade
Indian shares opened slightly higher on Thursday despite mixed catalysts.
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Berita lainnya
Japanese Market Slightly Higher
Recouping some of the losses in the previous session, the Japanese market is slightly higher on Thursday, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving a tad above the 38,900 level, with gains in index heavyweights and financial stocks partially offset by weakness in exporters and automakers.
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Sensex, Nifty Seen Higher At Open As US Inflation Cools
Indian shares may open higher on Thursday as investors react to firm global cues and mixed economic data released after market hours the previous day.
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Thai Shares May Extend Wednesday's Gains
The Thai stock market on Wednesday ended the two-day slide in which it had slumped more than 15 points or 1.1 percent. The Stock Exchange of Thailand now sits just above the 1,315-point plateau and it's likely to inch higher again on Thursday.
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Indonesia Stock Market Poised To End Losing Streak
The Indonesia stock market has moved lower in back-to-back sessions, slumping almost 90 points or 1.2 percent along the way. The Jakarta Composite Index now sits just above the 6,830-point plateau although it's likely to see support on Thursday.
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Australian Market Notably Higher
The Australian market is notably higher on Thursday, recouping some of the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 7,700 level, with gains across most sectors led by gold miners and technology stocks.
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848 hari yang lalu
Hong Kong Bourse Due For Support On Thursday
The Hong Kong stock market has moved lower in three straight sessions, dropping more than 550 points or 3 percent along the way. The Hang Seng Index now sits just above the 17,930-point plateau although it's tipped to find traction on Thursday.
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