The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the seven-day winning streak in which it had surged more than 140 points or 3.9 percent. The Straits Times Index now sits just beneath the 3,640-point plateau and its tipped to open in the...
The Taiwan stock market has moved higher in three straight sessions, collecting almost 625 points or 2.8 percent along the way. The Taiwan Stock Exchange now sits just above the 22,280-point plateau and it may see additional support on Tuesday. The global forecast for the Asian markets suggests mild upside, largely on positive momentum amid...
The China stock market has tracked higher in four straight sessions, advancing more than 40 points or 1.6 percent along the way. The Shanghai Composite now sits just beneath the 2,750-point plateau and it may extend its gains again on Tuesday. The global forecast for the Asian markets suggests mild upside, largely on positive momentum...
The Hong Kong stock market on Monday wrote a finish to the six-day winning streak in which it had surged more than 1,150 points or 6.4 percent. The Hang Seng Index now sits just beneath the 18,250-point plateau although its expected to rebound on Tuesday. The global forecast for the Asian markets suggests mild upside,...
The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had advanced more than 80 points or 1 percent. The Jakarta Composite Index now rests just above the 7,775-point plateau and its called higher again on Tuesday....
The Thai stock market has finished lower in two straight sessions, sinking almost 7 points or 0.5 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,450-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets suggests mild upside, largely on positive momentum...
European stocks closed on a strong note on Thursday with investors cheering the Federal Reserves decision to cut interest rates by 50 basis points and its forecast for more reductions in future. Investors also digested the Bank of Englands widely anticipated move to hold interest rates unchanged. The BoE signaled a gradual approach to monetary...
The Switzerland stock market closed on a firm note on Thursday, tracking gains in global markets after the Federal Reserves decision to cut interest rates by 50 points. The U.S. central bank also signaled more reductions in coming months. The benchmark SMI ended with a gain of 76 points or 0.63% at 12,058.30. The index...
Gold prices climbed higher on Thursday, extending gains from the previous session, continuing to benefit by the 50-basis point interest rate cut announced by the Federal Reserve on Wednesday, and prospects of more reductions in coming months. With inflation moving sustainably toward its 2% target, the central bank lowered the target range for the federal...
The U.S. dollar recovered against its major counterparts in the New York session on Thursday, after a data showed that first-time claims for unemployment benefits unexpectedly fell to a nearly four-month low in the week ended September 14. Data from the Labor Department showed that initial jobless claims slid to 219,000, a decrease of 12,000...