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Thread: Forex news from InstaForex

  1. #2081
    Senior Member IFX Gertrude's Avatar
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    Jun 2012


    Australia Business Confidence Index Rises To +12 - NAB

    Business confidence in Australia ticked higher in January, the latest survey from the National Australia Bank revealed on Tuesday with an index score of +12.

    That's up from the downwardly revised +10 in December.

    The NAB also said that its index for business conditions jumped to +19 from +13 in the previous month.

    News are provided byInstaForex.

  2. #2082
    Senior Member IFX Gertrude's Avatar
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    Jun 2012


    Australia Jobless Rate Eases To 5.5% In January

    The unemployment rate in Australia came in at a seasonally adjusted 5.5 percent in January, the Australian Bureau of Statistics said on Thursday.

    That was in line with expectations following the upwardly revised 5.6 percent reading in December (originally 5.5 percent).

    The Australian economy added 16,000 jobs last month - beating forecasts for 15,000 following the downwardly revised 33,500 increase in the previous month (originally 34,700).

    The participation rate came in at 65.6 percent - matching expectations and down from 65.7 percent a month earlier.

    News are provided byInstaForex.

  3. #2083
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    Jun 2012


    Wall Street Gains as Dow Jumps 253 Points

    U.S. stocks increased sharply on Wednesday, hitting a four-day winning streak as banks and tech lifted major indexes higher.

    The Dow Jones industrial average closed 253.04 points higher at 24,893.49 after dropping as much as 150 points. Goldman Sachs contributed the most to the gains, climbing 2.8 percent. The 30-stock index also pared all of its 2018 losses and reported its longest winning streak since Jan. 5.

    The S&P 500 rose 1.3 percent to 2,698.63, with financials and tech each gaining over 1.5 percent. Bank of America, J.P. Morgan Chase, Citigroup and Morgan Stanley all traded higher. The financials sector had its best day since Nov. 28. The index also turned positive for 2018.

    The Nasdaq composite climbed 1.9 percent to end at 7,143.62, as shares of Facebook, Amazon, Netflix and Alphabet increased.

    U.S. equities opened lower on the back of stronger-than-expected inflation data.

    Seven of the 11 major S&P 500 sectors were higher. The decliners included the typically defensive sectors: consumer staples, utilities and real estate.

    The CBOE Volatility index was down at 21.10 points, slipping below 20 for the first time since Feb. 5 and well off the 50-point mark it hit during last week's sell-off.

    The SPDR S&P Bank exchange-traded fund (KBE), rose 2.9 percent and posted its best day since Nov. 29.

    Concerns of rising inflation have recently weighed down Wall Street. Last week, all three major U.S. indexes finished the five-day trading period more than five percent down each, with the Dow delivering its worst performance since January 2016.

    Prime News are provided byInstaForex.

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