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Asian Shares Climb Amid AI Optimism
Asian stocks advanced on Thursday as tech stocks surged amid continued hype over artificial intelligence.
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350 days ago
Canadian Dollar Falls Amid BoC Rate Cut Speculation
The Canadian dollar weakened against other major currencies in the Asian session on Thursday, as the latest Canadian PMI survey supports speculations on a rate reduction by the Bank of Canada.
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350 days ago
Australia Household Spending Growth Weakens, Trade Surplus Declines
Australia's household spending grew at a slower pace in August and the trade surplus declined sharply as exports of gold decreased dramatically, official data showed on Thursday. Household spending rose only 0.1 percent from July, when consumption grew 0.4 percent, the Australian Bureau of Statistics said. This was the weakest expansion in four months.
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350 days ago
NZ Dollar Rises Amid Risk-on Mood
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday, as Asian stocks traded higher amid optimism about the outlook for interest rates following a report showing unexpected decrease in US private sector employment in the month of September. Expectations of additional rate cuts this year, and another next year have increased among traders based on projections.
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350 days ago
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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350 days ago
European Economics News Preview: Eurozone Unemployment Data Due
Unemployment from the euro area and Spain are due on Thursday, headlining a light day for the European economic news. At 3.00 am ET, Spain's labor ministry is scheduled to issue unemployment data. The number of unemployed is expected to increase 15,400 in September. At 4.00 am ET, Italy's statistical office publishes unemployment figures for August.
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350 days ago
European Shares Seen Tad Higher At Open
European stocks may open on a positive note Thursday after Wall Street's main stock indexes shrugged off the first U.S. government shutdown in nearly seven years to close higher overnight, with the biggest boost from the healthcare sector.
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350 days ago
more news
Australian Market Extends Early Gains In Mid-market
The Australian market is extending its early gains in mid-market moves on Thursday, reversing the slight losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,900 level, with gains across most sectors led by mining and technology stocks.
RTTNews
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350 days ago
Asian Markets Track Wall Street Higher
Asian markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, amid optimism about the outlook for interest rates following a report showing unexpected decrease in US private sector employment in the month of September. Expectations of additional rate cuts this year and another next year have increased among traders based on projections.
RTTNews
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350 days ago
Indian Markets Closed For Public Holiday
Indian stock markets remain closed today on the occasion of Dussehra and Gandhi Jayanti.
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350 days ago
Higher Open Tipped For Thai Stock Market
The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gained more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,275-point plateau although it may tick higher again on Thursday.
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350 days ago
Japanese Market Notably Higher
The Japanese market is notably higher on Thursday, snapping a four-session losing streak, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 44,800 level, with gains in index heavyweights and technology stocks partially offset by weakness in automakers, exporters and financial stocks.
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350 days ago
Indonesia Stock Market May Snap Losing Streak
The Indonesia stock market has finished lower in two straight sessions, shedding almost 80 points or 1 percent in that span. The Jakarta Composite Index sits just above the 8,040-point plateau although it's expected to open to the upside on Thursday.
RTTNews
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350 days ago
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