The Hong Kong stock market has moved lower in two straight sessions, dropping more than 470 points or 2.5 percent along the way. The Hang Seng Index now sits just beneath the 19,230-point plateau although it may stop the bleeding on Monday. The global forecast is positive, supported by increasing oil prices. The European and...
The Indonesia stock market on Friday ended the two-day losing streak in which it had slumped almost 55 points or 0.8 percent along the way. The Jakarta Composite Index now rests just beneath the 7,200-point plateau and its expected to open in the green again on Monday. The global forecast is positive, supported by increasing...
The Thai stock market rebounded on Friday, one day after snapping the three-day winning streak in which it had gathered more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just above the 1,445-point plateau and its tipped to open to the upside again on Monday. The global forecast is positive,...
Consumer sentiment in the euro area deteriorated more than expected to its lowest level in five months in November, preliminary results of a survey by the European Commission showed on Thursday. The flash consumer confidence index for Eurozone fell to -13.7 from -12.5 in October. Economists were looking for a score of -13.0. The latest...
The Canadian dollar advanced against its most major counterparts in the New York session on Thursday amid higher oil prices, as Russia-Ukraine tensions intensified and fuelled concerns about disruption in oil supplies. Ukraines air force claimed that Russia has fired an intercontinental ballistic missile at the country, although Russia has refused to comment on the...
The Canadian is up firmly in positive territory Thursday afternoon, and looks well on course to end the session on a buoyant note with stocks from technology, energy, industrials and financials sectors continuing to attract strong buying. The benchmark S&P/TSX Composite Index is up 340.82 points or 1.36% at 25,377.28. Celestica Inc (CLS.TO) is up...
After struggling for direction during the European session and early part of the New York session on Thursday, the U.S. dollar climbed higher, scoring gains against most of its major counterparts. Persisting geopolitical tensions pushed up the demand for the safe-haven dollar. The dollars initial weakness was due to dovish comments from New York Fed...
Canadian stocks kept moving higher and higher on Thursday after a marginally positive start, thanks to investors indulging in some hectic buying across the board, after the government unveiled a mini stimulus package to help cash-strapped households struggling under higher debt payments. The measures announced by the government will cost the Canadian treasury an estimated...
Modestly higher GIFT Nifty futures point to a positive start for the Indian stock market on Friday. Some bargain hunting is likely as well at several counters after the setback in the previous session. However, the undertone is likely to remain cautious following the indictment of Adani Group founder Gautam Adani and a few other...
Stock markets in Europe are expected to rise on Friday tracking the rally in Wall Street and the strong gains in Asian markets. Economic data updates from the region as well as the lingering geopolitical concerns are however seen swaying market sentiment. Wall Street had closed on a positive note on Thursday as markets digested...