Thai Shares Poised For Rebound []
The Thai stock market followed the rest of the region into negative terrain on Friday. Now investors are hoping that the Stock Exchange of Thailand will bounce back with the rest of Southeast Asia when the market opens on Monday.
Yen Extends Gains Versus Majors [JPY]
The yen has been extending its uptrend against its majors during the European session on Monday. As of now, the yen is trading near 110.42 against the US dollar, 161.63 against the euro, 226.19 versus the sterling and 98.69 against the franc.
China Stocks Poised For Rebound []
After a tough week, investors are hoping that China's stock market is finally ready to sustain a comeback when the market kicks off trade on Monday.
Positive Cues For Hang Seng []
After a tough ending to a tough week, investors are optimistic that Hong Kong's Hang Seng Index is poised to snap a two-day losing streak when the market opens for business on Monday.
New Zealand Stocks Trade Mixed []
Monday, Wellington stocks opened in the green, but are currently trading mixed. The benchmark NZX 50 Index was losing 2.48 points or 0.06% to 4,111.69, while the NZX All Capital Index was adding 0.76 points or 0.02% to 4,162.67.
Dollar Hits 5.5189 Versus Norwegian Krone []
Dollar hits 5.5189 versus Norwegian krone
Japanese Market Falls On Wall Street Losses, Stronger Yen []
Friday, Tokyo shares plunged on renewed U.S. credit market and economic growth concerns. A stronger yen also negatively impacted investor sentiment. The benchmark Nikkei 225 index fell 241.69 points or 1.6% to end at 15,154.61. The broader TOPIX index of all First Section issues on the Tokyo Stock Exchange shed 27.19 points or 1.8% to close at 1,471.67.
Stocks Plunge On Lingering Subprime Concerns; Hang Seng Sheds 4% - Asian Commentary []
Friday, stock markets across the Asia-Pacific region tumbled, as U.S. stocks fell overnight on persisting subprime crisis and negative comments from J.C. Penny and Wells Fargo.
Stocks Turn Weak After Opening On Firm Note Tracking Wall Street Rebound - Asian Commentary []
Monday, stock markets across the Asia-Pacific region were seeing some degree of weakness after opening on a positive note, following the Wall Street rebound on Friday.
Euro Gains Against Pound, Drops Versus Other Majors [EUR]
During the early European deals on Monday, the euro gained against the pound, but it dropped versus the rest of majors. The British rightmove house prices data for November and the Japanese nationwide department store sales data for October released earlier today likely influenced the euro against the pound and the yen respectively.
Monday, November 19, 2007
Thai Shares Poised For Rebound []
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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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