Forex News
Taiwan Bourse May Extend Friday's Losses
The Taiwan stock market on Friday halted the five-day winning streak in which it had surged more than 750 points or 3.8 percent. The Taiwan Stock Exchange now sits just above the 21,250-point plateau and it may take further damage on Monday.
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4h 8min ago
Soft Start Anticipated For Singapore Stock Market
The Singapore stock market has moved higher in back-to-back sessions, gathering almost 25 points or 0.6 percent along the way. The Straits Times Index now rests just beneath the 3,315-point plateau although it may open under pressure on Monday.
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4h 38min ago
Malaysia Stock Market May Run Out Of Steam On Monday
The Malaysia stock market has moved higher in two straight sessions, adding almost 15 points or 1 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,615-point plateau although the rally may stall on Monday.
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5h 8min ago
South Korea Shares May Remain Stuck In Neutral On Monday
The South Korea stock market on Friday ended the two-day winning streak in which it had advanced more than 25 points or 1 percent. The KOSPI now sits just beneath the 2,725-point plateau and it may continue to spin its wheels on Monday.
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5h 38min ago
Malaysia Trade Data Due On Monday
Malaysia will on Monday release April figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
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6h 38min ago
TSX Ends Notably Higher, Gains 0.7% In Week
The Canadian market ended on a firm note on Friday, lifted by strong gains in materials and energy sectors as commodity prices climbed higher amid rate cut bets and optimism about outlook for demand.
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2 days ago
Dollar Retreats After Early Gains
The U.S. dollar climbed higher in the European session on Friday, extending gains from the previous session, but retreated later and stayed somewhat subdued thereafter and shed ground against its counterparts amid bets the Federal Reserve will start cutting interest rates from September.
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2 days ago
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Swiss Market Ends On Firm Note Again
Swiss stocks turned in a fine performance on Friday, extending gains from the previous session, as some encouraging earnings updates and possibility of another rate cut from the Swiss National Bank helped underpin sentiment.
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2 days ago
Major European Markets Close Weak On Interest Rate Concerns
The major European stocks closed lower on Friday, drifting down for a second straight session, on concerns the Federal Reserve will likely keep interest rates higher for a longer time. Some disappointing earnings updates hurt as well.
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2 days ago
U.S. Dollar Lower On Rate Cut Expectations
The U.S. dollar declined against its major counterparts in the New York session on Friday on growing expectations that the U.S. Federal Reserve could start cutting interest rates as early as September.
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2 days ago
Canadian Market Up In Positive Territory; Materials Shares Rally
The Canadian market is up in positive territory on Friday, supported by strong gains in materials shares, which are moving up on firm metal prices.
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2 days ago
U.S. Leading Economic Index Decreases More Than Expected In April
Suggesting softer economic conditions lay ahead, the Conference Board released a report on Friday showing a continued decrease by its reading on leading U.S. economic indicators in the month of April. The Conference Board said its leading economic index fell by 0.6 percent in April after dipping by 0.3 percent in March. Economists had expected the index to decrease by another 0.3 percent.
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2 days ago
Elon Musk Says Twitter's Official Rebranding As X Complete
Billionaire Elon Musk announced that his social media platform, formerly known as Twitter, has completed its rebranding as X. In a post on his social media account, Musk said, "All core systems are now on http://X.com." At the bottom of the X login page, a message reads as "We are letting you know that we are changing our URL, but your privacy and data protection settings remain the same."
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2 days ago
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