MSCI's broadest index of Asia-Pacific shares outside Japan added 0.2% to reach its highest since June 2018, extending a 2.8% rise last week
WASHINGTON (Reuters) - Asian stocks will likely climb on Thursday after the S&P 500 and Nasdaq rallied to fresh records on upbeat corporate results, while the dollar eased a day before the U.S. Federal Reserve possibly sets a new course on inflation.
MSCI's broadest index of Asia-Pacific shares outside Japan edged down 0.1% after hitting its highest since mid-2018 on Tuesday
Joe Biden currently leads in national polls and surveys of key states
The dollar, often viewed as a safe-haven, is set for its fourth straight monthly decline, trading at a more than two-year low.
The Indian markets may open on a positive note today as indicated by the SGX Nifty which was trading around 11,118.50 levels, up 108 points at 7:45 AM
Brent crude fell 27 cents to $42.97 a barrel by 0114 GMT while US West Texas Intermediate crude was at $40.27 a barrel, down 28 cents
The HKD is pegged in a narrow range of 7.75-7.85 to the US dollar. The Hong Kong Monetary Authority (HKMA) buys and sells the currency at either limit to maintain the range
A total of 13 companies including Bajaj Finserv, Colgate Palmolive, and Hindustan Zinc are scheduled to announce their March quarter results later in the day
Sectorally, IT stocks took the biggest knock as the Nifty IT index declined 3.5 per cent to 13,293.70 levels. Nifty Bank lost 566 points or nearly 3 per cent to 19,068.50 levels
Air India and its subsidiary Air India Express operated a total of 14 flights on Tuesday to bring back Indians under the Vande Bharat Mission and for travel of foreigners amid the lockdown
China's exports fell 6.6 per cent in March from a year earlier and imports dropped 0.9 per cent, according to the Customs data
With net inflows of Rs 5,868 crore from domestic investors, leading indices closed with gains of over 4%
Wall Street had been on the brink of a bear market with all the major indices down almost 20 per cent from their all-time peak, which amazingly were touched just 13 sessions ago
Fueled by concerns the spread of the disease will weigh on consumer spending, Jollibee shares have dived more than 18% this year, adding to losses in 2019, their worst in two decades.
Asian stocks and currencies fell on Thursday as fatalities rose and more cases were reported around the world.
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This is PFC's third international bond issuance in FY20 as well as the largest bond in a single tranche
In an indication of a positive start on Wall Street, the S&P 500 e-mini futures gained 0.12 per cent
Telecom stocks will be in focus today after the Department of Telecommunications (DoT) told telecom operators to pay their revenue share dues within three months as directed by the Supreme Court