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Actualités Forex
South Korea GDP Sinks 0.4% In Q4
South Korea's gross domestic product contracted a seasonally adjusted 0.4 percent on quarter in the fourth quarter of 2022, the Bank of Korea said on Thursday.
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Little Movement Seen For Malaysia Stock Market
The Malaysia stock market on Wednesday ended the modest two-day winning streak in which it had gathered almost 5 points or 0.3 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,500-point plateau and it's tipped to remain in that neighborhood again on Thursday.
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South Korea GDP Contracts 0.4% In Q4
South Korea's gross domestic product shrank a seasonally adjusted 0.4 percent on quarter in the fourth quarter of 2022, the Bank of Korea said on Thursday.
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South Korea Consumer Confidence Ticks Higher In Annuary - BoK
Consumer confidence in South Korea improved in January, the latest survey from the Bank of Korea showed on Thursday with a consumer confidence index score of 90.7 - up from 90.2 in December.
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South Korea Bourse May See Profit Taking
The South Korea stock market has moved higher in three straight sessions, collecting almost 60 points or 2.4 percent along the way. The KOSPI now rests just shy of the 2,430-point plateau although it may spin its wheels on Thursday.
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South Korea GDP Data Due On Thursday
South Korea will on Thursday release preliminary Q4 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
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U.S. Dollar Seeing Modest Weakness After Overnight Strength
The value of the U.S. dollar has fluctuated over the course of trading on Wednesday as traders look ahead to the release of some key economic data in the coming days.
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Swiss Market Ends Flat Again
After spending almost the entire session in negative territory, the Switzerland market ended flat on Wednesday with stocks finding some support in the closing minutes.
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European Stocks Close Slightly Lower
Despite some positive economic data from the region, European stocks ended on a weak note on Wednesday.
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TSX Remains Weak Despite Paring Some Losses; BoC Raises Interest Rates Again
After opening notably lower and declining further down, the Canadian market regained some lost ground Wednesday morning, but still remains in negative territory a little past noon.
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Bank Of Canada Raises Interest Rates By Another Quarter Point
With persistent excess demand putting continued upward pressure on prices, the Bank of Canada on Wednesday announced its decision to raise interest rates by another quarter point. The Bank of Canada increased its target for the overnight rate by 25 basis points to 4.5 percent, in line with expectations.
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Pound Mixed After U.K. PPI Data
The pound showed mixed trading against its major counterparts in the European session on Wednesday, after a data showed that nation's producer inflation came in below expectations in December.
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Progressive Corp. Q4 Profit Sharply Declines
Progressive Corp. (PGR) reported Wednesday that net income for the fourth quarter declined 14 percent to $826.4 million or $1.40 per share from $962.3 million or $1.63 in the prior-year quarter.
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