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Chinese Yuan Slips, Asia FX Muted as Dollar Steadies

By Ambar Warrick  Investing.com– China’s yuan led losses across Asian currencies on Tuesday amid growing concerns over Beijing’s political climate, while broader Asian currencies moved little as the dollar steadied from recent losses. The slipped 0.6% to 7.3084 – its weakest level against the dollar since late-2007. The currency extended its losses from Monday after the …

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Dow Trades Muted, SGX Nifty Down: Street’s Opening Following Global Cues

By Malvika Gurung Investing.com — The listed on the Singapore-based Exchange SGX, an early indicator for , traded 0.14% or 25.5 points lower at 8:52 am on Tuesday, indicating a muted-to-lower opening on Dalal Street. Further, the and traded flat.  Major indices on Wall Street rose on Monday, extending previous week’s gains amid signs of economic …

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Asia FX Muted as Hawkish Fedspeak Curbs Dollar Losses

By Ambar Warrick  Investing.com– Most Asian currencies moved little on Wednesday as hawkish comments from Federal Reserve officials helped stem recent losses in the dollar, while the Japanese yen hovered around 32-year lows as traders looked past threats of government intervention.  The fell as far as 149.29, its weakest level against the dollar since 1990, …

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Asia FX Muted as Dollar Steadies; Kiwi Surges on Red-Hot Inflation

By Ambar Warrick  Investing.com– Most Asian currencies moved little on Tuesday as the dollar steadied from overnight losses, while the New Zealand dollar surged after higher-than-expected inflation data pushed up expectations of more interest rate hikes.  The jumped 0.6% to the greenback after data showed the country’s blew past expectations in the third quarter.  The reading …

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Asia FX Muted as Dollar Finds Footing Ahead of Nonfarm Payrolls

By Ambar Warrick Investing.com– Most Asian currencies were muted on Friday as caution kicked in ahead of a key U.S. labor report, while pressure from the dollar also weighed amid continued hawkish signals from the Federal Reserve. was an exception, rising 0.4% and extending recent gains on hopes that the South Korean government will continue …

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SGX Nifty Trades Higher Despite Muted Global Cues, Dow & S&P 500 in Bear Market

By Malvika Gurung Investing.com — The listed on the Singapore-based Exchange SGX, an early indicator for , traded 0.35% or 59 points lower at 8:35 am on Tuesday, after a series of sharp sell-offs despite muted global cues, indicating a positive opening on Dalal Street. Further, the gained 0.55% and surged 0.6%. Major indices on Wall …

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Muted 12% premium growth for Indian non-life sector: Kotak Securities

Chennai, Sep 22 (IANS) The month of August saw the Indian non-life insurance sector logging a muted 12 per cent premium growth, Kotak Securities said in a report. According to the report, the sector’s growth was the lowest in the last five months. “While motor (vehicle insurance) was muted at 12 per cent, retail health …

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