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Market Commentary and Intraday News

Trader's Blog

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Today's News

Hong Kong's Hang Seng Index Is Now Losing 85 Points Or 0.4% To 21,340

10 minutes ago

Eurozone Finance Chiefs Approve Greek Second Bailout: Reports

39 minutes ago

Eurozone Finance Ministers have approved a second bailout package for Greece, reports said citing statements by EU officials. The bailout program involved financing worth EUR 130 billion. Meanwhile, Reuters said that the meeting agreed on a debt reduction target of 121 percent of GDP for the country by 2020. The new bailout money would leave Athens with sufficient funds to repay a EUR14.5 billion bond due on March 20.

Indian Shares Seen Subdued

46 minutes ago

Indian shares are seen opening flat to slightly lower on Tuesday, tracking mixed Asian cues as Eurozone finance ministers hold late-night talks to approve a long-elusive rescue package for Greece that would save the cash-strapped nation from a bankruptcy next month. The U.S. markets were closed on Monday in observance of President's Day. Closer home, the government will release annual inflation based on retail prices in rural,urban and all India basis starting today, a move that will help the Reserve Bank of India to monitor inflation and set monetary policy effectively. The new CPI, which will eventually replace the Wholesale Price Index for policy action, is a better indicator of inflation, as it includes services, which make up 55 percent of India's economic output. Meanwhile, crude futures are at nine-month highs after Iran said it halted crude exports to France and Britain and as China eased monetary policy over the weekend.

Japan's Azumi: No G20 Agreement Yet On Boosting IMF Resources

49 minutes ago

The Group of 20 nations have not yet arrived at an agreement over additional funding for the International Monetary Fund to support Europe amid its debt crisis, Japanese Finance Minister Jun Azumi reportedly said Tuesday. According to reports, the minister said Japan and China believe there is still room for Europe to make efforts to deal with the crisis. Azumi said the coming G-20 meeting during the weekend in Mexico City will be an opportunity to "examine progress in the European situation." "We are not yet at a stage where we are moving in the same situation and are about to decide specific amounts," Azumi was quoted as saying.

Europe Agrees On Second Bailout For Greece: Reports

53 minutes ago

Euro At 1-week High Against New Zealand Dollar

55 minutes ago

During Asian deals on Tuesday, the euro climbed against the New Zealand dollar. The euro-kiwi pair is currently trading at a 1-week high of 1.5856. If the euro advances further, 1.590 is seen as the next likely target level. At yesterday's close, the pair was quoted at 1.5780.

Euro Climbs To 1-week High Of 1.5856 Against NZ Dollar

58 minutes ago

Euro Strengthens To 6-day High Against Pound

1 hour ago

The euro strengthened against the pound in Asian deals on Tuesday. As of now, the euro-pound pair is trading at a 6-day high of 0.8370 with 0.840 seen as the next upside target level. The pair ended yesterday's trading at 0.8358.

Euro Jumps To 6-day High Of 0.8370 Against Pound

1 hour, 3 minutes ago

Dollar Pares Recent Gains Against European Majors

1 hour, 4 minutes ago

The U.S. dollar pulled back from its early Tuesday Asian session highs against the European majors. The dollar thus eased from a 4-day high against the pound. At present, the dollar is worth 1.3260 per euro, 1.5855 against the pound and 0.9100 against the franc.

Yen Drops Sharply Against European Majors

1 hour, 6 minutes ago

Yen Declines To Fresh 3- 1/2 -month Low Of 87.69 Against Franc

1 hour, 9 minutes ago

Yen Falls To Fresh 3-month Low Of 105.83 Against Euro

1 hour, 11 minutes ago

Additional Support Tipped For Thai Stock Market

1 hour, 19 minutes ago

Indonesia's Jakarta Composite Index Opens Higher; Now Up 8 Points To 3,988

1 hour, 31 minutes ago

New Zealand Inflation Expectations Ease In March Quarter

1 hour, 32 minutes ago

Dollar Rises To 4-day High Against Pound

1 hour, 32 minutes ago

Dollar Climbs To 4-day High Of 1.5816 Against Pound

1 hour, 34 minutes ago

New Zealand Dollar Edges Down Against U.S. Dollar

1 hour, 38 minutes ago

New Zealand Dollar Slides To 0.8365 Against US Dollar

1 hour, 40 minutes ago

ECB Halts Govt. Bond Purchasing First Time Since August

1 hour, 45 minutes ago

Indonesia Stocks May Extend Winning Streak

1 hour, 49 minutes ago

China's SSE Composite Index Is Now Adding 6 Points, Or 0.26% To 2,370

1 hour, 57 minutes ago

Malaysia's KLSE Composite Index Is Now Down 2 Points To 1,559

1 hour, 59 minutes ago

Singapore's Straits Times Index Is Now Up 1 Point, Or 0.04%, To 3,022

2 hours ago

South Korea's KOSPI Is Presently Down 5 Points, Or 0.26%, To 2,020

2 hours, 1 minute ago

New Zealand's NZX 50 Index Is Now Adding 19 Points, Or 0.58%, To 3,335

2 hours, 2 minutes ago

New Zealand's NZX All Capital Index Is Now Adding 17 Points, Or 0.49%, To 3,495

2 hours, 2 minutes ago

Australia's All Ordinaries Index Is Now Adding 21 Points, Or 0.49%, To 4,354

2 hours, 3 minutes ago

Australia's S&P/ASX 200 Index Is Now Adding 20 Points, Or 0.46%, To 4,276

2 hours, 5 minutes ago

Japan's Nikkei 225 Index Is Now Gaining 5 Points, Or 0.06%, To 9,491

2 hours, 6 minutes ago

Australian Dollar Declines Against Majors

2 hours, 12 minutes ago

RBA Minutes: Rate Cut Unneeded At Present

2 hours, 19 minutes ago

China's SSE Composite Index Opens Higher, Now Up 1 Point Or 0.05% To 2,365

2 hours, 32 minutes ago

Hong Kong's Hang Seng Index Opens Higher, Now Up 26 Points Or 0.12% To 21,451

2 hours, 34 minutes ago

Malaysia's KLSE Composite Index Opens Lower; Now Down 1 Point To 1,560

2 hours, 42 minutes ago

Hong Kong Stocks May Reverse Monday's Losses

2 hours, 49 minutes ago

Yen Pares Recent Gains Against Euro And Franc

2 hours, 55 minutes ago

Yen Declines Against U.S. Dollar

2 hours, 59 minutes ago

South Korea's KOSPI Is Presently Adding 5 Points, Or 0.26%, To 2,030

2 hours, 59 minutes ago

Japan's Nikkei 225 Index Is Currently Adding 14 Points, Or 0.14%, To 9,499

3 hours ago

Yen Falls Against US Dollar; Now At 79.74

3 hours ago

Singapore's Straits Times Index Opens Higher, Now Up 5 Points Or 0.15% To 3,026

3 hours ago

New Zealand's NZX 50 Index Is Now Adding 18 Points, Or 0.53%, To 3,333

3 hours ago

New Zealand's NZX All Capital Index Is Presently Up 14 Points Or 0.40% To 3,492

3 hours ago

Australia's All Ordinaries Index Is Now Adding 3 Points, Or 0.07%, To 4,336

3 hours ago

Australia's S&P/ASX 200 Index Is Presently Up 3 Points, Or 0.07%, To 4,259

3 hours ago

RBA Minutes: Rate Cut Unwarranted At Present

3 hours ago

Rally May Stall For China Stock Market

3 hours ago

RBA Minutes: Inflation Expected To Remain Constant At Target Range Midpoint

3 hours ago

RBA Minutes: Further Easing Possible If Domestic Demand Weakens

3 hours ago

RBA Minutes: Financial Situation Remains Fragile But Improving

3 hours ago

Taiwan Stock Market Looking At Steady Open

3 hours ago

Australia's All Ordinaries Index Opens Lower; Currently Down 1 Point To 4,332

3 hours ago

Australia's S&P/ASX 200 Index Opens Lower; Presently Down 1 Point To 4,255

3 hours ago

New Zealand's NZX All Capital Index Is Presently Up 11 Points To 3,489

3 hours ago

New Zealand's NZX 50 Index Is Currently Adding 14 Points To 3,330

3 hours ago

South Korea's KOSPI Opens Lower; Presently Down 3 Points To 2,022

3 hours ago

Japan's Nikkei 225 Index Opens Lower; Currently Down 1 Point To 9,484

3 hours ago

Singapore Stocks Draw Flat Lead On Tuesday

4 hours ago

Tight Range Expected For Malaysia Stock Market

4 hours ago

South Korea Stocks May See Mild Support To Open

4 hours ago

RBA Minutes On Tap For Tuesday

5 hours ago

Sudanese Rebels Seize 49 African Peacekeepers In Darfur

10 hours ago

Kyrgyzstan President Insists On Summer 2014 Deadline To Close U.S. Military Base

11 hours ago

China May Continue Monetary Easing Throughout This Year: Capital Economics

13 hours ago

Belgium Consumer Confidence Lowest Since April 2009

13 hours ago

Belgium Feb Consumer Confidence -20 Vs. -16 In January

14 hours ago

Euro Jumps To 6-day High Against Australian Dollar

14 hours ago

Euro Jumps To 6-day High Of 1.2320 Against Australian Dollar

14 hours ago

EU Says It Can Do Without Iranian Crude Oil Supplies

14 hours ago

Dollar Drops To 11-day Low Of Against Swiss Franc

14 hours ago

Dollar Drops Below 0.91 Against Franc; Pair Hits 11-day Low Of 0.9098

14 hours ago

Franc Strengthens To 1.4446 Vs. Pound, 0.9110 Vs. Dollar And 1.2078 Vs. Euro

15 hours ago

EU Launches Free Trade Negotiations With Armenia

15 hours ago

Putin Unveils Plan To Strengthen Russian Defense Arsenal In A Decade

15 hours ago

German Economic Outlook Brightened, Says Bundesbank

15 hours ago

Euro Strengthens On China Easing And Greek Bailout Hopes

15 hours ago

Greece Dec. Industrial Orders Drop At Faster Pace, Turnover Up 2.3%

16 hours ago

Philippine BoP Balance Swings To Surplus In January

16 hours ago

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