Category: Markets
Asian stocks lifted by firmer oil prices; dollar steady
HONG KONG, Oct 18 (Reuters) – Asian stocks crept up on Tuesday thanks to a rebound in oil prices and the dollar consolidated recent gains although underlying risk appetite was cautious on concerns over capital outflows and weak data, especially from China. Special focus will be on China’s B Share market, which was trading up […]
Sri Lankan rupee steady for third session; stocks down
Oct 17, 2016 (Reuters) – The Sri Lankan rupee was steady for a third straight session on Monday as dollar demand from importers offset exporter sales of the U.S. currency in the absence of central bank intervention, dealers said. The spot rupee was steady at 146.90/95 per dollar at 0633 GMT. However, dealers continue to […]
Sri Lankan rupee steady; importer dollar demand offsets exporter sales
Oct 14, 2016 (Reuters) – The Sri Lankan rupee traded steady on Friday for a second straight session as dollar demand from importers offset exporter sales of the U.S. currency in the absence of central bank intervention, dealers said. The spot rupee was steady at 146.90/95 per dollar at 0546 GMT. Rupee forwards were not […]
Asia stocks, dollar edge up on China inflation data relief
TOKYO, Oct 14 (Reuters) – Asian stocks and the dollar bounced on Friday, erasing some losses from the previous day, as stronger-than-expected Chinese inflation data eased some concerns about the health of world’s second-biggest economy. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.4 percent after dropping 1.1 percent on Thursday, when weak […]
Sri Lankan rupee steady; exporter dollar sales offset bank buying
Oct 13, 2016 (Reuters) – The Sri Lankan rupee traded steady on Thursday as two state banks bought dollars sold by exporters, in the absence of any intervention by the central bank, dealers said. The spot rupee, which was active on Thursday, was steady at 146.90/95 per dollar at 0733 GMT. The spot rupee is […]
Asia stocks weak with Dec rate hike still on cards
HONG KONG, Oct 13 (Reuters) – Asian stocks held near three-week lows and the greenback consolidated recent gains on Thursday after minutes of the last U.S. Federal Reserve policy meeting indicated a December rate increase was still on the cards. Risk appetite waned, with MSCI’s broadest index of Asia-Pacific shares outside Japan easing 0.2 percent, […]
Sri Lankan rupee edges up on exporter dollar sales; shares down
Oct 12, 2016 (Reuters) – The Sri Lankan rupee edged up on Wednesday as dollar selling by exporters outpaced importer demand for the greenback ahead of the festive season in December, while moral suasion by the central bank prevented the local currency from falling, dealers said. The spot rupee was quoted at 146.85 per dollar […]
Asia shares slip as US earnings disappoint, dollar gains
TOKYO, Oct 12 (Reuters) – Asian shares flirted with three-week lows on Wednesday after a dour start to Wall Street’s corporate earnings season knocked U.S. stocks, while the dollar and Treasury yields rose on growing expectations of a U.S. rate hike in December. The British pound jumped back from lows in a volatile trading session […]
Sri Lankan rupee edges up on dollar selling by exporters
Oct 11, 2016 (Reuters) – The Sri Lankan rupee edged up on Tuesday, recovering after three straight sessions of losses on dollar selling by exporters, with moral suasion by the central bank preventing the currency from falling, dealers said. The rupee is, however, expected to face pressure due to demand for dollars by importers ahead […]
Sri Lanka’s Central Bank says leaked report on Perpetual not final
Oct 10, 2016 (LBO) – Sri Lanka’s Central Bank on Monday said a complaint has been made to law enforcement authorities to inquire into the unauthorized release of a draft report on Perpetual Treasuries. There have been media coverage regarding a report related to the examination of Perpetual Treasuries conducted by the Central Bank as […]
Sri Lankan rupee down on seasonal imports; seen under pressure
Oct 10, 2016 (Reuters) – The Sri Lankan rupee fell on Monday due to seasonal importer dollar demand ahead of the festive season in December, dealers said. The local currency would be under downward pressure due to continued importer demand until the end of the year, they added. The spot rupee was quoted at 146.85 […]
Asia shares gain, Mexican peso jumps as markets lengthen odds on Trump
SYDNEY, Oct 10 (Reuters) – Asian shares crept higher and the Mexican peso jumped on Monday as odds of a victory by Republican nominee Donald Trump for the U.S. presidential bid widened just hours before a debate with Democratic candidate Hillary Clinton. MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.1 percent, […]