Berita Valas
European Economic News Preview: Germany Producer Prices Data Due
Producer prices data from Germany is the major report due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Destatis releases Germany's producer prices for October. Prices are forecast to fall 1.9 percent on a yearly basis, following a 1.7 percent drop in September.
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299 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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299 days ago
European Shares Set For Strong Start As Nvidia Defies AI Bubble Fears
European stocks may open on a buoyant note Thursday, with tech stocks likely to be in focus after Nvidia forecast fourth-quarter revenue above Wall Street estimates and delivered a surprisingly strong revenue forecast, soothing fears of an AL bubble.
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299 days ago
China Maintains Key Interest Rates As Expected
The People's Bank of China maintained its benchmark lending rates for the sixth straight month. The PBoC kept its one-year loan prime rate unchanged at 3.0 percent on Thursday. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The decision came in line with expectations.
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299 days ago
Indian Shares Open Higher On Firm Global Cues
Indian shares were slightly higher in early trade on Thursday, mirroring firm cues from global markets as AI darling Nvidia's strong results and commentary boosted investors' appetite for riskier assets.
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299 days ago
Yen Declines Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
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299 days ago
Australian Market Extends Early Gains In Mid-market
The Australian market is slightly extending its early gains in mid-market moves on Thursday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,500 level, with gains across most sectors led by technology stocks. Energy stocks were the only weak spot amid tumbling crude oil prices.
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299 days ago
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Asian Markets A Sea Of Green
Asian markets are a sea of green on Thursday, following the positive cues from Wall Street overnight, boosted by strong gains in technology stocks after the sector regained confidence in the artificial intelligence trade on upbeat earnings results from AI darling Nvidia. Traders also continued to pick up stocks at reduced levels following the significant weakness of the past few sessions.
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299 days ago
Indian Shares Seen Higher After Nvidia's Upbeat Forecast
Indian shares look set to open on a buoyant note Thursday as AI darling Nvidia's strong results and commentary boosted investors' appetite for riskier assets.
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299 days ago
Thai Shares May Pick Up Steam On Thursday
The Thai stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day slide in which it had given up more than 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,270-point plateau and it's expected to open in the green again on Thursday.
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299 days ago
Higher Open Called For Indonesia Stock Market
The Indonesia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had slipped almost 20 points or 0.3 percent. The Jakarta Composite Index now sits just above the 8,400-point plateau and it's expected to see further upside on Thursday.
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299 days ago
Hong Kong Shares Overdue For Support On Thursday
The Hong Kong stock market has finished lower in four straight sessions, slumping almost 1,250 points or 4.7 percent along the way. The Hang Seng Index now rests just above the 25,830-point plateau although it's expected to find traction on Thursday.
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299 days ago
China Bourse May Extend Wednesday's Gains
The China stock market on Wednesday ended the three-day losing streak in which it had stumbled more than 90 points or 2.3 percent. The Shanghai Composite Index now sits just beneath the 3,950-point plateau and it may add to its winnings on Thursday.
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299 days ago
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