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Forex Market News

Indonesia stocks higher at close of trade; IDX Composite Index up 0.09%

Investing.com - Investing.com – Indonesia stocks were higher after the close on Friday, as gains in the Consumer Industry, Property and Manufacturing sectors led shares higher. At the close in Jakarta, the IDX Composite Index rose 0.09% to hit a new all time high. The best performers of the session on the IDX Composite Index were Mahaka Radio Integra Tbk PT (JK:MARI), which rose 23.76% or 240 points to trade at 1250 at the close. Meanwhile, Modernland Realty Ltd Tbk (JK:MDLN) added 23.33% or 70 points to end at 370 and Mayora Indah Tbk (JK:MYOR) was up 20.77% or 430 ...

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Philippines stocks lower at close of trade; PSEi Composite down 1.47%

Investing.com - Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Mining&Oil, Property and Holding Firms sectors led shares lower. At the close in Philippines, the PSEi Composite declined 1.47%. The best performers of the session on the PSEi Composite were First Gen Corp (PS:FGEN), which rose 2.94% or 0.50 points to trade at 17.52 at the close. Meanwhile, Security Bank Corp (PS:SECB) added 1.43% or 3.60 points to end at 255.00 and BDO Unibank Inc (PS:BDO) was up 1.29% or 2.00 points to 157.00 in late trade. The worst performers of the session were ...

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Gold Prices Hover Near 1-Week Highs on Weaker Dollar

Investing.com - Investing.com - Gold prices were hovering near one-week highs on Friday, as fresh concerns over U.S. tax reform plans weighed on the dollar and as markets were still digesting the Federal Reserve's latest policy statement. Comex gold futures were up $1.80 or about 0.15% at $1,258.90 a troy ounce by 03:00 a.m. ET (07:00 GMT), just off a one-week high of $1,261.50 hit on Thursday. The greenback came under pressure after two U.S. Republican senators on Thursday sought changes to the proposed U.S. tax reform bill. The bill needs a simple majority to pass in the Senate, in which Republicans hold ...

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Japan stocks lower at close of trade; Nikkei 225 down 0.68%

Investing.com - Investing.com – Japan stocks were lower after the close on Friday, as losses in the Insurance, Banking and Communication sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.68%. The best performers of the session on the Nikkei 225 were Tokai Carbon Co., Ltd. (T:5301), which rose 15.27% or 173.0 points to trade at 1306.0 at the close. Meanwhile, Showa Denko K.K. (T:4004) added 11.47% or 460.0 points to end at 4470.0 and Tokyo Dome Corp. (T:9681) was up 4.85% or 54.0 points to 1168.0 in late trade. The worst performers ...

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Forex – Dollar Slips Lower Amid Fresh U.S. Tax Reform Woes

Investing.com - Investing.com - The dollar slipped lower against other major currencies on Friday, amid fresh concerns over U.S. tax reform plans and as the Federal Reserve's most recent policy statement continued to weigh. The greenback came under pressure after two U.S. Republican senators on Thursday sought changes to the proposed U.S. tax reform bill. The bill needs a simple majority to pass in the Senate, in which Republicans hold just 52 of the 100 seats. On Wednesday, the Fed raised interest rates by 0.25 basis points to 1.50% at the conclusion of its policy meeting, in line with expectations. However, the central bank ...

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