The FX market was quiet through the N.Y. session on Monday, as traders took a breather from the high volatility seen last week. The dollar was marginally lower across the board, following the sharp gains in the aftermath of the ECB press conference and…
Markets experienced a week of thin trading ahead of the week long holiday which started on Thursday. The Shanghai Composite Index gained on Monday as gains for tech stocks negated the detrimental effects of a record plunge in industrial
A good day at the office for the Nikkei as Chinese markets turn positive
– open 18361.99
– high 18468.20
– low 18299.63
– USDJPY 120.82 near session highs with offers noted into 121.00 where large roll off today
Shanghai Comp Index currently…
Asian stock markets, with the exception of China, are advancing on Thursday, tracking the overnight gains on Wall Street and in European markets. The rebound in crude oil and gold prices also boosted sentiment. Meanwhile, investors are bracing for the …
FXStreet (Mumbai) – Asian indices are enjoying significant gains on Thursday, tracking the positive lead overnight from Wall Street while the focus now shifts towards the much-anticipated FOMC statement, which may or may not see US interest rates increased for the first time in nearly a decade.
Australia’s ASX – the front-runner on higher commodities
The benchmark Australian S&P/ASX 200 index is the top performer so far, extends its winning streak for the second straight session, buoyed by higher commodity prices. The energy stocks raced ahead and banks also made solid gains, driving the index 1.28% higher to 5,164 points.
The Japanese benchmark, the Nikkei 225, remained in the positive territory, although gains were capped by a stronger yen and disappointing Japanese trade data. USD/JPY now trades at 120.50, recording a -0.08% loss on the day while the Nikkei gains 0.84% to 18,323 points.
The Chinese indices trade mixed, with the Shanghai Composite erasing early gains to now trades -0.30% lower at 3,142 points while the Hong Kong’s benchmark Hang Seng index is up over 0.40% at 22,050. While Korea’s benchmark Kospi index gains 0.25% to 1,980 points in Seoul.
Asian indices are enjoying significant gains on Thursday, tracking the positive lead overnight from Wall Street while the focus now shifts towards the much-anticipated FOMC statement, which may or may not see US interest rates increased for the first time in nearly a decade.
(Market News Provided by FXstreet)
Asian stock markets are exhibiting a mixed trend on Tuesday, tracking the weak cues overnight from Wall Street amid uncertainty ahead of the Federal Reserve’s highly-anticipated policy decision later in the week. Investors are also treading cautiously …