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Forex News
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Wednesday.
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1h 27min ago
European Shares Set For Softer Opening Ahead Of Fed Decision
European stocks are seen opening on a cautious note on Wednesday as investors seek more clarity on the U.S.-Iran interim peace deal and await the U.S. Federal Reserve's interest-rate decision later in the day for new insights on policy signals under the new Fed Chair.
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3h 29min ago
European Economic News Preview: UK Inflation Data Due
Consumer and producer prices data from the UK is top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for May. Inflation is expected to rise to 3.0 percent from 2.8 percent in April. Output price inflation is seen unchanged at 4.0 percent in May.
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3h 59min ago
Indian Shares Modestly Higher Led By IT Stocks
Indian shares were modestly higher in cautious trade on Wednesday as investors sought more clarity on the U.S.-Iran interim peace deal and awaited the U.S. Federal Reserve's interest-rate decision later in the day.
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4h 42min ago
Australian Market Swings To Notable Gains In Mid-market
The Australian stock market is swinging to notable gains in mid-market moves on Wednesday after opening in the red, extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the mixed cues from Wall Street overnight, with gains across most sectors led by in gold miners and technology stocks. Energy stocks are the only weak spot.
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5h 45min ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders are now optimistic about the inking of a peace deal between the US and Iran on Friday to end the Middle East war and the opening of the Strait of Hormuz. Meanwhile, traders also cautiously await the interest rate decision by the US Fed later in the day.
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6h 0min ago
Indian Shares Seen Tad Higher At Open
Indian shares may open higher on Wednesday as a continued fall in oil prices helped ease worries about inflation and the outlook for interest rates.
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6h 31min ago
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Losing Streak May Continue For Thai Stock Market
The Thai stock market has finished lower in two straight sessions, giving up almost 5 points or 0.3 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,590-point plateau and it may take further damage on Wednesday.
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7h 7min ago
Japanese Market Notably Higher
The Japanese stock market is trading notably higher on Wednesday after opening in the red, extending the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 68,700 level to near all-time highs, with gains in exporters and financial stocks partially offset by weakness in automaker stocks.
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7h 32min ago
Consolidation Called For Indonesia Stock Market
Ahead of Tuesday's holiday for the Islamic New Year, the Indonesia stock market had jumped higher in back-to-back sessions, rallying more than 370 points or 6 percent along the way. The Jakarta Composite Index now sits just above the 6,250-point plateau although it's likely to open under pressure on Wednesday,
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7h 37min ago
Hang Seng May Take Further Damage On Wednesday
The Hong Kong stock market on Tuesday snapped the two-day winning streak in which it had gained almost 600 points or 2.4 percent. The Hang Seng Index now sits just beneath the 24,500-point plateau and it may extend its losses on Wednesday.
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7h 52min ago
Australian Market Modestly Lower
Australian shares are trading modestly lower on Wednesday, snapping a three-session winning streak, with the benchmark S&P/ASX 200 falling to near the 8,900 level, following the mixed cues from Wall Street overnight, with weakness in energy and technology stocks partially offset by gains in gold miners and financial stocks.
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7h 59min ago
Lower Open Anticipated For China Stock Market
The China stock market on Tuesday ended the two-day winning streak in which it had jumped almost 110 points or 2.7 percent. The Shanghai Composite Index now sit just above the 4,090-point plateau and it's looking at another soft start again on Wednesday.
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8h 7min ago
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