Category: Markets
Asia shares track Wall St higher, US dlr firm
SYDNEY, Oct 25 (Reuters) – Asian shares edged higher on Tuesday while the dollar stood firm as upbeat U.S. earnings boosted Wall Street and factory surveys in the United States and Europe boasted their best readings so far this year. MSCI’s broadest index of Asia-Pacific shares outside Japan inched up 0.1 percent with most components […]
Sri Lanka rupee down on importer dollar demand
Oct 24, 2016 (Reuters) – The Sri Lankan rupee edged down on Monday due to dollar demand by importers, but moral suasion by the central bank discouraged trading in the spot currency market, said dealers. Rupee forwards were active, with the spot-next at 147.90/95 per dollar as of 0801 GMT, down from its previous close […]
Asian stocks subdued, dollar hovers near 9-month high
TOKYO, Oct 24 (Reuters) – Asian stocks were subdued early on Monday after Wall Street’s sluggish performance at the end of last week, while the dollar hovered near nine-month highs as fresh comments from a Federal Reserve official boosted bets of a rate hike by year-end. MSCI’s broadest index of Asia-Pacific shares outside Japan inched […]
Sri Lankan rupee steady; importer demand offsets exporter dollar sales
Oct 21, 2016 (Reuters) – The Sri Lankan rupee was trading steady on Friday, with dollar demand by importers offsetting conversions of the U.S. currency by exporters, said dealers. Rupee forwards were active, with the spot-next at 147.45/55 per dollar as of 0701 GMT, little changed from its previous close of 147.45/50. The spot rupee […]
Asia stocks slip as stronger dollar weighs on crude oil prices
TOKYO, Oct 21 (Reuters) – Asian stocks were mostly lower on Friday as the dollar climbed to seven-month highs against a basket of currencies and dragged down crude oil prices, cooling investor risk appetite. The greenback was boosted by a fall in the euro after the European Central Bank shot down talk it was contemplating […]
Asian stocks ride US momentum, oil near 15-month high
SINGAPORE, Oct 20 (Reuters) – Asian stocks advanced on Thursday, propelled by strong U.S. earnings and oil prices near a 15-month high, as the third and final U.S. presidential debate before the Nov. 8 election got underway. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.25 percent. Japan’s Nikkei extended gains to 0.9 percent. […]
Asian shares manage muted cheer for China growth
SYDNEY, Oct 19 (Reuters) – Asian shares held early gains on Wednesday as a barrage of Chinese data confirm the economy had stabilised on the back of government spending and a hot housing market, even if worries about debt continue to mount. The initial reaction was muted with few fireworks in the figures and Shanghai […]
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 […]