Markets Likely To Open Higher On Positive Cues From Wall Street - European Commentary []

Markets Likely To Open Higher On Positive Cues From Wall Street - European Commentary []
The major European index futures are pointing towards a higher opening for the markets on Thursday. Global cues are also strong, with the U.S. stocks rallying overnight after the Federal Reserve cut interest rates and the major markets across the Asia-Pacific region trading higher on Thursday.

Hong Kong Dollar Hits 1-Month Low Against Greenback [USD/HKD]
In the early Asian deals on Monday, the Hong Kong dollar drifted lower against the US currency. The Hong Kong currency hit a 1-month low of 7.7685 at 8:10 pm ET, compared to 7.7579 late Friday in New York. The pair then moved sideways and it is currently worth 7.7666.

Markets Likely To Open Lower On Weak Cues From Asian Peers - Indian Commentary []
Global cues are pointing towards a lower opening for the Indian markets on Monday. The U.S. stocks closed slightly higher on Friday amid volatility and the major stock markets across the Asia-Pacific region, except China, Taiwan and Malaysia, are sharply lower in early trades on Monday.

Fed Rate Outlook Keeps Dollar Under Pressure []
Continued dollar weakness, spiraling oil prices and worsening financial market crisis drove the past week's deals in the currency market. The US currency slumped to new record lows against the Euro and the Canadian dollar and set fresh multi-year lows versus the British pound and the Swiss franc.