Euro Down Against Majors Ahead Of Euro-Zone Industrial Orders Data []
The Euro-Zone Industrial Orders data for the month of September is expected at 5.00am ET. Ahead of the release, the euro was down against its major counterparts. As of 4:55 am ET, the euro was quoted at 1.4832 against the dollar, 1.6344 against the franc, 0.7187 versus the sterling and 161.21 versus the yen.
South Korean Shares Close Off Lows On Late Buying In Chipmakers, Telecoms []
Thursday, Seoul shares closed lower for a sixth day, but well off their lows for the session on late buying in chipmakers and telecom stocks. The KOSPI index closed down 7.97 points or 0.4% at 1,799.02.
Markets Likely To See Further Downside On Weak Global Cues - Indian Commentary []
Global cues are pointing towards a lower opening for the Indian market on Thursday. The U.S. stocks plunged overnight amid economic jitters and the major stock markets across the Asia-Pacific region are trading mixed on Thursday. Some degree of support to the Indian market may come in from bargain hunting following the sharp fall on Wednesday.
US Dollar Falls To New Multi-year Low Versus Danish Krone [USD/DKK]
After moving sideways against the Danish krone in the early Asian trading, the US dollar fell to a fresh multi-year low of 5.0121 at about 10:45 pm Eastern Time. The dollar- krone pair that closed its yesterday's deals at 5.0173 is now worth 5.0175.
Jakarta Shares Likely To Extend Losses []
The Indonesian stock market will be looking to snap a losing streak that has now stretched to four sessions when the Jakarta Composite Index opens for business on Thursday.
Downward Pressure For Thai Shares []
The Thai stock market is searching for consistency ahead of Thursday's market open, mired in a streak that has seen the Stock Exchange of Thailand finish lower now in four straight sessions.
Markets Likely To Open Lower On Weak Global Cues - Indian Commentary []
Global cues are pointing towards a weak opening for the Indian market on Wednesday. The U.S. stocks closed higher overnight amid volatility, but the major stock markets across the Asia-Pacific region are trading sharply lower on Wednesday, led by banking stocks, on U.S. economic growth concerns.
Thursday, November 22, 2007
Euro Down Against Majors Ahead Of Euro-Zone Industrial Orders Data []
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Any views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsibly for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
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