DXY US Dollar Currency Index

Australia stocks set for higher start as investors look ahead to Fed rate decision
World

Australia stocks set for higher start as investors look ahead to Fed rate decision

SINGAPORE — Shares in Australia looked set for a higher start on Wednesday, with investors looking ahead to the U.S. Federal Reserve’s interest rate decision expected later stateside. Futures pointed to a higher open for Australian stocks. The SPI futures contract was at 7,328, against the S&P/ASX 200’s last close at 7,316.20. Markets in Japan […]

Read More
Australian markets set to fall ahead of closely watched interest rate decision
World

Australian markets set to fall ahead of closely watched interest rate decision

SINGAPORE — Stocks in Australia were poised to fall Tuesday ahead of a rate decision by the country’s central bank. Futures pointed to a lower open for Australian stocks. The SPI futures contract was at 7,299, as compared to the S&P/ASX 200’s last close at 7,347. Economic data in the day ahead includes Australia’s interest […]

Read More
Asia-Pacific stocks mixed as data show Chinese factory activity contracted in April
World

Asia-Pacific stocks mixed as data show Chinese factory activity contracted in April

SINGAPORE — Shares in Asia-Pacific were mixed in Monday morning trade, with data released over the weekend showing Chinese factory activity contracted in April. In Japan, the Nikkei 225 climbed about 0.1% in early trade while the Topix index gained 0.13%. South Korea’s Kospi shed 0.83%. Australia stocks declined, with the S&P/ASX 200 dipping 0.16%. […]

Read More
Asia-Pacific stocks rise following overnight Wall Street surge
World

Asia-Pacific stocks rise following overnight Wall Street surge

SINGAPORE — Shares in Asia-Pacific climbed in Friday morning trade following big gains overnight on Wall Street as the Nasdaq Composite surged 3%. South Korea’s Kospi gained 0.27% while the S&P/ASX 200 in Australia advanced 0.46%. MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.26% higher. Investors watched moves in Asia-Pacific technology stocks after […]

Read More
Asia-Pacific stocks set for higher start as investors await Bank of Japan monetary policy decision
World

Asia-Pacific stocks set for higher start as investors await Bank of Japan monetary policy decision

SINGAPORE — Asia-Pacific stocks looked set to trade higher at the Thursday open, as investors in the region look ahead to the Bank of Japan’s latest monetary policy decision. Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 26,485 while its counterpart in Osaka was at 26,480, […]

Read More
Euro sinks to five-year low on energy supply, slowdown fears
World

Euro sinks to five-year low on energy supply, slowdown fears

The euro traded almost 0.4% against the U.S. dollar to a level not seen since 2017. This after Gazprom decided to cut gas supplies to Poland and Bulgaria. Kinga Krzeminska | Moment | Getty Images The euro tumbled against the U.S. dollar Wednesday morning as investors grew increasingly concerned with energy supply and a potential […]

Read More
China’s central bank steps in to slow its rapidly weakening currency, as yuan hits one-year lows
Finance

China’s central bank steps in to slow its rapidly weakening currency, as yuan hits one-year lows

The Chinese yuan has weakened sharply against the U.S. dollar in the last several weeks as the greenback strengthens and investors worry about China’s economic growth. Fotoholica Press | Lightrocket | Getty Images BEIJING — The Chinese yuan strengthened slightly against the U.S. dollar on Wednesday, reversing a sharp weakening trend after the People’s Bank […]

Read More
Asia-Pacific stocks are set for opening declines following Wall Street drop
World

Asia-Pacific stocks are set for opening declines following Wall Street drop

SINGAPORE — Shares in Asia-Pacific looked set for a lower open on Wednesday after overnight losses saw the tech-heavy Nasdaq Composite sliding to a fresh low for 2022. Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 26,125 while its counterpart in Osaka was at 26,000. That […]

Read More
Asia-Pacific markets set to open mixed; China’s Covid fears in focus as Beijing expands mass testing
World

Asia-Pacific markets set to open mixed; China’s Covid fears in focus as Beijing expands mass testing

SINGAPORE — Futures pointed to a mixed open for markets in Asia-Pacific as investors are set to closely watch market reaction to Covid fears in China as Beijing expands mass testing. Japan’s Nikkei futures contract in Chicago was at 26,875 while Osaka futures were at 26,810 — higher than the Nikkei 225’s last close at […]

Read More
Asia-Pacific stocks set to open lower after Wall Street sell-off
World

Asia-Pacific stocks set to open lower after Wall Street sell-off

SINGAPORE — Shares in Asia-Pacific are expected to open lower on Monday following a sell-off on Wall Street on Friday. The Nikkei futures contract in Chicago was at 26,705 while its counterpart in Osaka was at 26,710. That compared against the Nikkei 225’s last close at 27,105.26. Australia and New Zealand markets are closed on […]

Read More