The Swiss franc weakened against its most major counterparts in the New York session on Wednesday. The franc fell to a 2-day low of 1.1180 against the pound and a 1-1/2-month low of 170.97 against the yen, off its early highs of 1.1119 and 172.82, respectively. The franc edged down to 0.9323 against the euro....
The Swiss stock market spent most of Wednesdays trade under water before a late rally nudged it up into positive territory going into the close. The higher finish allowed the SMI to snap the two-day losing streak in which it had given up more than 80 points or 0.7 percent. The performance was mostly in...
Following the rebound seen during trading on Tuesday, the value of the U.S. dollar is extending Mondays slump during trading on Wednesday. The U.S. dollar index has slid 0.94 points or 0.9 percent to 106.07, pulling back well off last Fridays two-year highs. The greenback has shown a significant move to the downside versus the...
The South Korea stock market has moved lower in two straight sessions, sinking more than 30 points or 1.2 percent along the way. The KOSPI now sits just above the 2,500-point plateau and it may see continued selling pressure on Thursday. The global forecast for the Asian markets suggests mild consolidation on renewed concerns over...
The Malaysia stock market has moved higher in four straight sessions, collecting almost 17 points or 1.2 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although the rally may stall on Thursday. The global forecast for the Asian markets suggests mild consolidation on renewed concerns over the...
The Taiwan stock market has finished lower in back-to-back sessions, slumping more than 610 points or 2.8 percent along the way. The Taiwan Stock Exchange now rests just above the 22,330-point plateau and it may be in store for more pain on Thursday. The global forecast for the Asian markets suggests mild consolidation on renewed...
The value of new capital expenditure in Australia was up a seasonally adjusted 1.1 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Thursday - coming in at A$43.838 billion. That beat forecasts for an increase of 0.9 percent following the 2.2 percent decline in the three months...
The China stock market on Wednesday wrote a finish to the three-day slide in which it had slipped just 10 points or 0.3 percent. The Shanghai Composite now sits just beneath the 3,310-point plateau although if figures to head south again on Thursday. The global forecast for the Asian markets suggests mild consolidation on renewed...
The Hong Kong stock market has moved higher in two straight sessions, advancing more than 450 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 19,600-point plateau although it may run out of steam on Thursday. The global forecast for the Asian markets suggests mild consolidation on renewed...
The Indian rupee weakened against the U.S. dollar in the Asian session on Thursday. Against the U.S. dollar, the rupee fell to a 6-day low of 84.498 from yesterdays closing value of 84.410. If the rupee extends its downtrend, it is likely to find support around the 85.00 area.