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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
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14 days ago
Major European Markets Slightly Higher As Oil Prices Fall Sharply
European markets moved slightly higher on Wednesday amid easing concerns about inflation and interest rates, as oil prices fell sharply on renewed optimism about Iran peace talks and possible reopening of the Strait of Hormuz sooner than later.
Brent crude futures dropped to $84.56 a barrel, losing about 3%.
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14 days ago
Sensex, Nifty Close Weak As Tech Stocks Fall
Key Indian stock indices Sensex and the Nifty50 pared early gains slowly drifted down into negative territory around noon on Wednesday and struggled for support thereafter and eventually ended the day's session on a weak note.
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14 days ago
FTSE 100 Down Marginally; Miners Climb Higher
U.K. stocks turned in a mixed performance Wednesday morning with investors mostly reluctant to make big moves amid a lack of fresh triggers. Easing worries about Middle East amid renewed hopes for the reopening of the Strait of Hormuz and weak oil prices aided sentiment a bit.
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14 days ago
CAC 40 Modestly Higher On Weak Oil Prices, Easing Middle East Tensions
The French market moved modestly higher on Wednesday as weak oil prices amid renewed optimism over Middle East peace efforts and the reopening of the Strait of Hormuz aided sentiment.
Brent crude futures dropped to $84.56 a barrel, losing about 3%.
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14 days ago
Asian Markets Rise Amidst Tech Gains, Dip In Crude Oil Prices
Major stock markets across Asia traded on a positive note amidst a decline in crude oil prices as well as a surge in tech stocks. Gains were limited by anxiety ahead of the release of the PCE-based inflation readings from the U.S. as well as Fed Chair's speech at the Jackson Hole symposium later in the week.
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14 days ago
DAX Up Marginally In Cautious Trade
German stocks turned in a mixed performance Wednesday morning as investors stayed cautious ahead of an earnings update from Nvidia. Easing concerns about inflation as oil prices dropped amid renewed hopes for the reopening of the Strait of Hormuz aided sentiment.
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14 days ago
more news
Sensex, Nifty Pare Early Gains, Down Marginally; IT Stocks Decline
The mood in the market is quite cautious with investors closely following geopolitical news and the trend in the bond markets. U.S. inflation data due later in the day is eyed for clues about Federal Reserve's interest rate trajectory. Weak crude oil prices amid renewed hopes about the reopening of the Strait of Hormuz appears to be limiting market's downside.
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14 days ago
European Stocks Seen Opening Positive On Wednesday
Sentiment is expected to remain mildly positive in stock markets in Europe on Wednesday morning amidst a decline in global crude oil prices as well as an easing in sovereign bond yields in Europe.
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14 days ago
Australian Market Slips To Modest Losses In Mid-market
The Australian stock market is slipping to modest losses in mid-market moves on Wednesday, reversing some of the gains in the previous two sessions, with the benchmark S&P/ASX 200 falling below the 9,150 level, despite the broadly positive cues from Wall Street overnight, with weakness in energy and technology stocks partially offset by gains in mining and financial stocks.
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14 days ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid sinking crude oil prices and lower treasury yields as traders see the U.S. move to isolate Iran economically in lieu of military strikes as a sign for easing of Middle East tensions. Asian markets closed mostly higher on Tuesday.
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14 days ago
Thai Stock Market May Stop The Bleeding On Wednesday
The Thai stock market has ticked lower in consecutive trading days, slipping more than 15 points or 1 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,600-point plateau although it may open in the green on Wednesday.
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15 days ago
Rebound Anticipated For Indonesia Stock Market
Ahead of Tuesday's holiday for the birth of the prophet Muhammad, the Indonesia stock market had ended the two-day winning streak in which it had advanced more than 130 points or 2 percent. The Jakarta Composite Index now rests just above the 6,500-point plateau although it may bounce higher again on Wednesday.
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15 days ago
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