The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» තෙල් බැරලය ඩොලර් 100 ට යන ලකුණු?
Yesterday at 10:52 pm by nihal123

» රු. බිලියන 11 ක කොටස් ජනශක්ති ඉන්ෂුවරන්ස් යළි මිල දී ගනී
Yesterday at 10:51 pm by nihal123

» බැංකු යනවා නම් උදෙන්ම යන්න – හෙට බැංකු වරුවයි
Yesterday at 10:49 pm by nihal123

» Sri Lanka’s Cargills Bank to list in 2020
Yesterday at 10:10 pm by nihal123

» Sri Lanka’s eChannelling offers video medical consultations, drug delivery
Yesterday at 10:09 pm by nihal123

» Sri Lanka Telecom sees data revenue growing, margins falling
Yesterday at 10:09 pm by nihal123

» Sri Lanka gold, jewellery price up after tax hike
Yesterday at 10:08 pm by nihal123

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Yesterday at 8:29 pm by pjrngroup

» Films - To Watch List
Yesterday at 8:12 pm by pjrngroup

» Colombo Tea Auction Statistics - Q1 17 Vs Q1 18
Yesterday at 1:34 pm by yellow knife

» Sri Lanka 01-year Treasuries yield drops to 9.65-pct
Yesterday at 7:29 am by yellow knife

» Sri Lanka's TAFL says exports of parent chicks up, weak domestic demand
Yesterday at 6:09 am by The Invisible

» Sri Lanka stocks gain 0.12-pct, rupee steadier
Yesterday at 6:07 am by The Invisible

» Russia Sanctions Throw Global Aluminum Supply Chain Into Chaos
Wed Apr 18, 2018 11:27 am by sashimaal

» LIOC.N0000 (Lanka IOC PLC)
Tue Apr 17, 2018 2:00 pm by yellow knife

» Sri Lanka economy to rebound, delaying reforms pose risks: World Bank
Tue Apr 17, 2018 7:28 am by The Invisible

» Sri Lanka's central bank fires salvo against cryptocurrencies
Tue Apr 17, 2018 7:25 am by The Invisible

» Sri Lanka hotel group Citrus Leisure to drop Kalpitiya hotel
Mon Apr 16, 2018 11:06 am by lanka

» Sri Lanka's CPC losse Rs9.8bn on fuel sales in two months
Mon Apr 16, 2018 7:20 am by yellow knife

» Sri Lanka US$2.5bn bond timing brought strong demand: Standard Chartered
Sun Apr 15, 2018 9:39 pm by The Invisible

» Sri Lanka President buys time for political manoeuvring
Sat Apr 14, 2018 10:19 am by කිත්සිරි ද සිල්වා

» IMF head warns China on exporting debt through 'Silk Road' amid Sri Lanka troubles
Fri Apr 13, 2018 7:49 am by The Invisible

» ශ්‍රී ලංකාවේ ණය බර ස්වාසිලන්තය, රුවන්ඩා, ඉතියෝපියාව අභිබවයි
Fri Apr 13, 2018 12:19 am by CK

» Sri Lanka to revive oil exploration, bidding round in May 2018
Thu Apr 12, 2018 9:16 am by The Invisible

» Sri Lanka cabinet re-shuffle talks ongoing: Rajitha
Thu Apr 12, 2018 9:12 am by The Invisible

» Sri Lanka sells record US$2.5bn in 5, 10-year sovereign bonds
Thu Apr 12, 2018 8:01 am by The Invisible

»  5000 Post Milestone - Congratulations
Wed Apr 11, 2018 11:56 pm by The Invisible

» Elsewhere vs SL : Honesty, Social responsibility , Word twisting and Decency
Wed Apr 11, 2018 11:40 pm by The Invisible

» Hello and CSE ?
Wed Apr 11, 2018 11:24 pm by The Invisible

» Dividend Announcement
Wed Apr 11, 2018 10:14 am by nihal123

» සංචාරකයින්, විදෙස් ශ්‍රමිකයින් ලංකාවට ඩොලර් ගෙනාවේ මෙහෙමයි
Wed Apr 11, 2018 8:26 am by කිත්සිරි ද සිල්වා

» රෝයල් ෆර්න්වුඩ් සමාගමේ ණය, දංකොටුව ‘කොටස්‘ කරයි
Tue Apr 10, 2018 10:00 pm by nihal123

» MBSL ඉන්ෂුවරන්ස් ආයෝජකයාට නියාමකයින් හරහට හිටී
Tue Apr 10, 2018 9:59 pm by nihal123

» වසරේ මුල් මාස 03 ට පැමිණි විදෙස් සංචාරකයින් සංඛ්‍යාව ලක්ෂ 7 ඉක්මවයි
Tue Apr 10, 2018 8:35 pm by nihal123

» Building an automated trading system from scratch
Tue Apr 10, 2018 9:41 am by CK

» ලංකාවේ සුපිරිම දුම්රිය ස්ථානය
Tue Apr 10, 2018 8:38 am by කිත්සිරි ද සිල්වා

» CSE Ahead : Post No confidence motion + CB actions
Mon Apr 09, 2018 9:49 am by Yin-Yang

» Happy Birthday
Thu Apr 05, 2018 10:28 pm by pjrngroup

» මහ බැංකුව නිත්‍ය ණය පොළිය අඩුකරන්න හේතු වූ කරුණු මෙන්න
Wed Apr 04, 2018 2:31 pm by nihal123

» Expert says debt repayment levy ends up 0.25% on financial VAT
Fri Mar 30, 2018 1:56 pm by TraderCSE

» ලංකාවට ජීඑස්පී දෙන්න ඩොනල්ඩ් ට්‍රම්ප් එකඟ වෙයි
Thu Mar 29, 2018 11:11 pm by spw19721

» ඇඳුම ලක්ෂ 3හමාරයි! ඔරලෝසුව ලක්ෂ 50යි! සොෆ්ට්ලොජික් හිමිකරු පිටුපස කතාව මෙන්න..!
Thu Mar 29, 2018 4:11 pm by AjithR

» Banking Sector Outlook-
Thu Mar 29, 2018 1:38 pm by SAFEER

»  EAP එකට සිංගප්පූරුවෙන් ඩොලර් මිලියන 75ක්
Wed Mar 28, 2018 6:19 am by spw19721

» APLA.N0000 (ACL PLASTICS PLC)
Tue Mar 27, 2018 9:53 am by yellow knife

» “ ඔසු උයන ” at Kahathuduwa, Piliyandala
Sun Mar 25, 2018 10:57 pm by AjithR

» Dutch Court Rules That Bitcoin Has “Properties of Wealth”
Sat Mar 24, 2018 7:41 pm by sashimaal

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Sat Mar 24, 2018 11:42 am by Future123

» Honey trap for SL politico's
Wed Mar 21, 2018 11:30 am by Ethical Trader

» SPEN.N0000
Tue Mar 20, 2018 6:41 pm by Backstage

April 2018
SunMonTueWedThuFriSat
1234567
891011121314
15161718192021
22232425262728
2930     

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats

Go down

Asian stocks at 1-1/2 year highs on robust Wall St; dollar retreats

Post by sashimaal on Thu Feb 16, 2017 8:25 pm

Author LBO

HONG KONG, Feb 16 (Reuters) – Asian stocks edged up to fresh 19-month highs on Thursday, helped by an extended rally on Wall Street and strong U.S. data though the dollar stepped back after a recent bounce.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.2 percent, rising to its highest since July 2015. It is up by a tenth so far this year partly underpinned by more optimistic earnings expectations and a gradual unwinding of bearish emerging market bets.

Australian stocks advanced 0.4 percent in early deals with looming jobs data the key event risk on the day. A strong showing would set the market up for further gains with technical indicators helping.

“The index has now closed above the key technical resistance level at 5,800 which is a bullish sign opening up further gains in the coming months back towards 6,000,” said James Woods, global investment analyst at Rivkin Securities in Sydney.

The Australian employment data is due at 00:30 GMT with market expectations centering around 10,000 jobs being created.

Wall Street pushed further into record-high territory on Wednesday, with the S&P 500 notching a seven-session winning streak, helped by robust economic data and optimism that President Donald Trump will cut corporate taxes.

That optimism was not shared in the currency markets with the dollar’s recent bounce running out of steam as investors took profits even as fresh data showed a pick up in inflationary pressures.

U.S. consumer prices recorded their biggest increase in nearly four years in January, backing expectations for the Federal Reserve to raise interest rates at a steady pace over the course of the year.

Fed Chair Janet Yellen, in her second day of economic testimony before Congress, offered no additional insight on the timing of the central bank’s next rate hike after her comments a day earlier had hinted at a fairly hawkish policy stance.

Traders may also be leaning towards a rate increase delayed beyond the Fed’s March meeting, with the futures markets only pricing a 27 percent chance of a tightening next month.

The dollar index, which measures the currency against a trade-weighted basket of six major peers, slipped to 101.02. It rallied to a one-month high of 101.76 on Wednesday.

In commodity markets, oil prices softened as record high U.S. crude and gasoline inventories fed concerns about a global glut. U.S. crude was down 0.15 percent at $53.03 a barrel and Brent was flat at $55.75 a barrel
avatar
sashimaal
Top contributor
Top contributor

Posts : 5579
Join date : 2014-02-28

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum