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Japanese Market Sharply Higher
The Japanese market is trading sharply higher on Thursday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 66,150 level, with gains in index heavyweights and automaker stocks.
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21 days ago
Higher Open Called For Indonesia Stock Market
The Indonesia stock market on Wednesday ended the two-day winning streak in which it had jumped almost 150 points or 2.6 percent. The Jakarta Composite Index now rests just beneath the 6,400-point plateau although it may move back to the upside again on Thursday.
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21 days ago
Australian Market Notably Higher
The Australian market is trading notably higher on Thursday, snapping a six-session losing streak, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 9,100 level, with strong gains in mining and technology stocks partially offset by weakness in energy and financial stocks.
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21 days ago
Win Streak May Continue For Hong Kong Shares
The Hong Kong stock market has finished higher in three straight sessions, collecting more than 370 points or 1.5 percent along the way. The Hang Seng Index now sits just beneath the 25,500-point plateau and it may add to its winnings on Thursday.
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21 days ago
Renewed Support Expected For China Stock Market
The China stock market on Wednesday wrote a finish to the three-day winning streak which it had advanced almost 70 points or 1.7 percent. The Shanghai Composite Index now sits just beneath the 3,900-point plateau although it may reverse some of those losses on Thursday.
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21 days ago
Taiwan Stock Market Poised To Open In The Green
The Taiwan stock market has moved lower in two straight sessions, retreating almost 1,150 points or 2.5 percent along the way. The Taiwan Stock Exchange now sits just beneath the 44,720-point plateau although it's likely to see bargain hunting on Thursday.
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21 days ago
Singapore Stock Market May Halt Its Slide On Thursday
The Singapore stock market has finished lower in consecutive trading days, sinking more than 75 points or 1.3 percent along the way. The Straits Times Index now sits just above the 5,690-point plateau although it may stop the bleeding on Thursday.
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21 days ago
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Malaysia Stock Market May Reverse Wednesday's Losses
The Malaysia stock market headed south again on Wednesday, one day after ending the three-day slide in which it had slumped more than 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,725-point plateau although it figures to rebound on Thursday.
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21 days ago
Japan Stock Market Due For Rebound On Thursday
The Japanese stock market has finished lower in two straight sessions, plummeting almost 3,900 points or 6 percent in that span. The Nikkei 225 now sits just above the 65,320-point plateau although it may bounce higher again on Thursday.
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21 days ago
Bargain Hunting May Boost South Korea Shares
The South Korea stock market has finished lower in back-to-back sessions, tumbling more than 500 points or 8 percent in that span. The KOSPI now sits just above the 6,470-point plateau although it's due for recovery on Thursday.
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21 days ago
Australia Unemployment Data Due On Thursday
Australia will on Thursday release July numbers for unemployment, highlighting a busy day for Asia-Pacific economic activity. The jobless rate is expected to hold steady, with the addition of 11.4K jobs following the increase of 76.3K in June.
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21 days ago
U.S. Dollar Slides As Rate Hike Expectations Fade Due To Rising Oil-Linked Inflation Concerns
The U.S. Dollar value edged lower as investors scaled down their expectations of a rate hike by the U.S. Federal Reserve with the Middle East crisis showing no sign of cooling, pushing crude oil prices and oil-linked inflationary concerns higher.
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21 days ago
Fed Minutes Reveal Officials Expect Higher Rates Unless Inflation Declines
Unless inflation declines, many Federal Reserve officials believe an increase in interest rates would likely be necessary, according to the minutes of the central bank's latest monetary policy meeting released on Wednesday.
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21 days ago
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