IFS Markets Thailand

IFS Markets Thailand Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from IFS Markets Thailand, Financial service, Level 23, Tower 1, 100 Baranagaroo Avenue, Sydney.

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India On Frid...
06/12/2021

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India
On Friday, U.S. tech stocks led the market lower. The Nasdaq 100 slumped 278.72 points (-1.74%) to 15,712, the S&P 500 was down 38.67 points (-0.84%) to 4,538, and the Dow Jones Industrial Average fell 59.71 points (-0.17%) to 34,580.

Market sentiment was still troubled by uncertainty concerning the new coronavirus variant Omicron as well as the hawkish tone adopted by Federal Reserve Chair Jerome Powell earlier in the week. Meanwhile, U.S. official data showed that the economy added 210,000 nonfarm payrolls in November, greatly missing an addition of 550,000 expected, with the jobless rate declining to 4.2% (vs 4.5% expected).

The automobiles (-5.65%), banks (-2.26%), and software (-1.95%) sectors lost the most. Tesla (TSLA) fell 6.42%, Adobe (ADBE) slumped 8.24%, Zoom Video Communications (ZM) dropped 4.08%, and Boeing Co (BA) was down 1.92%.

At the same time, DiDi Global (DIDI) plunged 22.18% after the company announced plans to file for a delisting of shares from the U.S. and prepare a listing in Hong Kong.

The U.S. 10-year Treasury Yield sank 9.1 basis points to 1.353%.

Further on U.S. economic data, the ISM services index posted at 69.1 for November (vs 65.0 expected), and the Market U.S. services purchasing managers index was confirmed at 58.0 (vs 57.0 expected). Factory orders grew 1.0% on month in October (vs +0.5% expected), and durable goods orders were down 0.4% (vs -0.5% expected).

European stocks closed lower. The DAX 40 fell 0.61%, the CAC 40 lost 0.44%, and the FTSE 100 dipped 0.10%.

U.S. WTI crude futures settled flat at $66.40 a barrel.

Gold added $15 to $1,784 an ounce.

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India The U....
06/12/2021

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India
The U.S. dollar index remained stable at 96.15.

EUR/USD added 8 pips to 1.1309. The November Market services purchasing managers index is confirmed at 55.9 for the Eurozone (56.6 expected), at 52.7 for Germany (vs 53.4 expected), at 57.4 for France (vs 58.2 expected), and at 58.0 for the U.K. (vs 58.6 expected).

Also, retail sales in the Eurozone grew 0.2% on month in October (vs +0.3% expected), and France's industrial production rose 0.9% on month in October (vs +0.6% expected).

GBP/USD slid 67 pips to 1.3238.

AUD/USD dropped 94 pips to 0.7000.

USD/JPY declined 32 pips to 112.79.

USD/CHF fell 21 pips to 0.9182, while USD/CAD rose 32 pips to 1.2842.

Over the weekend, Bitcoin tumbled to levels around $42,000 following a massive liquidation of long positions in the futures market. It later recovered to levels around $49,000.

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India On Thu...
03/12/2021

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India
On Thursday, U.S. stocks rebounded sharply following two sessions of heavy losses. The Dow Jones Industrial Average rose 617.75 points (+1.82%) to 34,639, the S&P 500 gained 64.06 points (+1.42%) to 4,577, and the Nasdaq 100 was up 113.04 points (+0.71%) to 15,990.

The consumer services (+3.75%), transportation (+3.29%) and insurance (+3.22%) sectors gained the most. Boeing (BA) advanced 7.54% outperforming the S&P 500. Also, Delta Air Lines (DAL) jumped 9.28%, Wynn Resorts (WYNN) climbed 8.19%, Norwegian Cruise Line (NCLH) was up 7.70%, and Nvidia (NVDA) added 2.20%.

On the other hand, Apple (AAPL) slipped 0.61% as the company has reportedly warned its suppliers of slowing demand for iPhone.

The U.S. 10-year Treasury Yield rose 4.1 basis points to 1.444%.

Regarding U.S. economic data, the latest initial jobless claims increased to 222,000 (vs 240,000 expected).

European stocks closed lower. The DAX 40 fell 1.35%, the CAC 40 lost 1.25%, and the FTSE 100 was down 0.55%.

U.S. crude futures gained $1.70 (+2.59%) to $67.26 a barrel.

Gold slid $12 to $1,768 an ounce.

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India The U.S...
03/12/2021

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India
The U.S. dollar remained firm against other major currencies. The dollar index advanced to 96.14.

EUR/USD dropped 20 pips to 1.1300. Official data showed that the Eurozone's jobless rate dipped to 7.3% (as expected). In Germany, it is reported that the government may impose stricter restrictions on people without Covid vaccination and make vaccination mandatory.

GBP/USD gained 24 pips to 1.3303.

AUD/USD dropped 11 pips to 0.7094.

USD/JPY rose 39 pips to 113.17.

USD/CHF added 5 pips to 0.9205, and USD/CAD eased 11 pips to 1.2807.

Bitcoin still lacked upward momentum and traded lower to $56,900.

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India On Wedn...
02/12/2021

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India
On Wednesday, U.S. stocks posted a big intraday reversal to the downside after the U.S. announced its first case of the omicron coronavirus variant. The Dow Jones Industrial Average once rebounded over 500 points earlier in the session, but eventually closed 461.68 points lower (-1.34%) at 34,022. The S&P 500 slid 53.96 points (-1.18%) to 4,513, and the Nasdaq 100 tumble 258.2 points (-1.60%) to 15,877.

The automobiles (-3.40%), food & staples retailing (-2.22%), and consumer services (-2.04%) sectors lost the most. Salesforce.com (CRM) slumped 11.74%, Norwegian Cruise Line (NCLH) fell 8.82%, and United Airlines (UAL) dropped 7.57%, all lagging the S&P 500. On the other hand, HP (HPQ) rose 3.34%, Ford Motor (F) gained 2.03%, and Lennar (LEN) climbed 3.35%.

The U.S. 10-year Treasury Yield dropped 3.7 basis points to 1.407%.

Regarding U.S. economic data, the ADP jobs report showed that the economy added 534,000 private jobs in November (vs +525,000 jobs expected). The ISM manufacturing index posted at 61.1 for November (vs 61.2 expected), and the Markit U.S. manufacturing purchasing managers index was confirmed at 58.3 (vs 59.1 expected).

European stocks closed higher. The DAX 40 gained 2.47%, the CAC 40 rose 2.39%, and the FTSE 100 added 1.55%.

U.S. crude futures declined $0.6 to $65.54. The U.S. Energy Department reported a reduction of 909,000 barrels of crude-oil stockpiles (vs a reduction of 1.05 million barrels expected).

Gold rebounded $8 to $1,782 an ounce.

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets IndiaThe U.S....
02/12/2021

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India
The U.S. dollar was stable against other major currencies, as the dollar index climbed back to 96.04.

EUR/USD dropped 19 pips to 1.1319. The Markit manufacturing purchasing managers index was confirmed at 58.4 for November for the Eurozone (vs 58.6 expected), at 57.4 for Germany (vs 57.6 expected), and at 55.9 for France (vs 54.6 expected). Separately, official data showed that retail sales in Germany declined 0.3% on month in October (vs +0.9% expected).

GBP/USD fell 27 pips to 1.3272. In the U.K., the Nationwide house price index increased 0.9% on month in November (vs +0.4% expected). The Markit U.K. manufacturing purchasing managers index was confirmed at 58.1 for November (vs 58.2 expected).

AUD/USD declined 23 pips to 0.7104. Official data showed that Australia's exports declined 3% on month in October (vs -1% expected).

USD/JPY slid 39pips to 112.78.

USD/CHF climbed 16 pips to 0.9205, and USD/CAD added 38pips to 1.2817.

Bitcoin erased a gain of over 3% ending at levels around $57,000.

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets IndiaOn Tuesd...
01/12/2021

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India
On Tuesday, U.S. stocks resumed their decline. The Dow Jones Industrial Average slumped 652.22 points (-1.86%) to 34,483, the S&P 500 slid 88.26 points (-1.90%) to 4,567, and the Nasdaq 100 tumbled 263.32 points (-1.61%) to 16,135.

Uncertainty regarding the Covid variant Omicron grew after executives of vaccine-maker Moderna pointed out that existing vaccines may be less effective against the new variant. Market sentiment was further dampened by Federal Reserve Chairman Jerome Powell's comments that the central bank could speed up the reduction of its bond-buying program.

The telecoms services (-3.58%), household & personal products (-3.08%) and media (-2.92%) sectors lost the most.

Advanced Micro Devices (AMD) dropped 2.19%, Meta Platforms (FB) fell 4.01%, and Discovery Communications (DISCA) slid 5.37%, all underperforming the Nasdaq 100. Gap Inc (GPS) tumbled 7.13%. On the other hand, market outperformers included Tesla (TSLA, +0.68%), Pfizer (PFE, +2.54%), and Apple (AAPL, +3.16%).

The U.S. 10-year Treasury Yield dropped 5.6 basis points to 1.443%.

Regarding U.S. economic data, the Market News International Chicago business barometer posted at 61.8 for November (67.0 expected), and the Conference Board consumer confidence index at 109.5 (vs 111.0 expected).

European stocks also closed lower. The DAX 40 lost 1.18%, the CAC 40 fell 0.81% and the FTSE 100 slid 0.71%.

U.S. WTI crude futures slid $3.20 (-4.6%) to $66.79 a barrel.

Gold sank a further $11 to $1,772 an ounce.

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India The U.S...
01/12/2021

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India
The U.S. dollar failed to keep its strength induced by Powell's hawkish comments. The dollar index slipped back to 95.87.

EUR/USD managed to post a gain of 47 pips to 1.1338. Official data showed that consumer prices in the Eurozone grew 4.9% on year in November (vs +4.5% expected).

Germany reported a jobless rate of 5.3% for November (vs 5.4% expected). In France, consumer prices grew 2.8% on year in November (vs +2.6% expected), and gross domestic product rose 3.3% on year in the third quarter (as expected).

GBP/USD declined 12 pips to 1.3303.

AUD/USD dropped 15 pips to 0.7128. Official data showed that Australia's gross domestic product shrank 1.9% on quarter (vs -2.7% expected) but grew 3.9% on year (vs +3.0% expected) in the third quarter.

USD/JPY fell 47 pips to 113.06. Official data showed that capital investment in Japan increased 1.2% on year in the third quarter (vs +1.5% expected).

USD/CHF dropped 49 pips to 0.9183, while USD/CAD rose 39 pips to 1.2780.

Bitcoin erased early gains to trade lower at $57,100.

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets IndiaThe U.S....
30/11/2021

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India
The U.S. dollar regained some strength against other major currencies as bond yields rebounded. The dollar index climbed to 96.28.

EUR/USD declined 36 pips to 1.1281. The Eurozone's official economic sentiment index dipped to 117.5 in November (as expected). In Germany, consumer price growth was reported at 5.2% on year in November (vs +5.0% expected).

GBP/USD dropped 32 pips to 1.3305, while AUD/USD added 11 pips to 0.7134.

USD/JPY rebounded 26 pips to 113.64. Official data showed that Japan's jobless rate dipped to 2.7% in October (vs 2.8% expected), and industrial production grew 1.1% on month in October (vs +1.9% expected).

USD/CHF added 4 pips to 0.9235, while USD/CAD declined 39 pips to 1.2752.

Bitcoin rebounded further to regain the $58,000 level.

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets IndiaOn Monda...
30/11/2021

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India
On Monday, U.S. stocks rebounded following the sell-off last Friday. The Dow Jones Industrial Average rose 236.6 points (+0.68%) to 35,135, the S&P 500 gained 60.65 points (+1.32%) to 4,655, and the Nasdaq 100 jumped 373.66 points (+2.33%) to 16,399.

Market sentiment was boosted by President Joe Biden's comment that there is no need for lockdowns amid the finding of the new Omicron coronavirus variant.

The food & staples retailing, pharmaceuticals & biotechnology, and household & personal products sectors gained the most. Moderna (MRNA) jumped 11.80%, Tesla (TSLA) advanced 5.09%, Alphabet (GOOGL) climbed 2.35%, Apple (AAPL) rose 2.19%, Microsoft (MSFT) added 2.11%, and Expedia (EXPE) was up 4.19%.

On the other hand, Twitter (TWTR) dropped 2.74%, and Merck (MRK) slid 5.39%.

The U.S. 10-year Treasury Yield rebounded 3.8 basis points to 1.511%.

U.S. official data showed that pending home sales increased 7.5% on month in October (vs +1.0% expected).

European stocks also closed higher. The DAX 40 gained 0.16%, the CAC 40 rose 0.54%, and the FTSE 100 was up 0.94%.

U.S. WTI crude futures rose $1.58 (+2.32%) to $69.73 a barrel.

Gold price fell $19 (-1.07%) to $1,783 an ounce.

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets IndiaOn Frida...
29/11/2021

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India
On Friday, U.S. stocks encountered a sell-off as a new Covid variant called Omicron found in South Africa sent shockwaves across global markets. Worries over economic consequences of potential renewed lockdowns caused investors to jump ship from risky assets.

The Dow Jones Industrial Average plunged 905.04 points (-2.53%), the biggest loss of the year, to 34,899.34, the S&P 500 tumbled 106.84 points (-2.27%) to 4,594.61, and the Nasdaq 100 slid 342.23 points (-2.09%) to 16,025.58.

Meanwhile, the U.S. 10-year Treasury Yield dropped 16.1 basis points to 1.473%.

The consumer services (-4.41%), energy (-4.07%), and banks (-3.87%) sectors lost the most. Rising fears caused by the emergence of the new Covid variant helped to boost share prices of pharmaceutical stocks. Moderna (MRNA) surged 20.57%, BioNTech (BNTX) jumped 14.19%, and Pfizer (PFE) gained 6.11%. On the other hand, travel-related stocks suffered. United Airlines (UAL) sank 9.57%, and Royal Caribbean Cruises (RCL) lost 13.22%.

European stocks also fell sharply. The DAX 40 tumbled 4.15%, the CAC 40 dropped 4.75%, and the FTSE 100 was down 3.64%.

U.S. WTI crude futures plunged $10.20 (-13.0%) to $68.15 a barrel.

Gold gained $13 to $1,802 an ounce.

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets IndiaThe U.S....
29/11/2021

IFS Markets IFS Markets China IFS Markets Philippines IFS Markets Vietnam IFS Markets Malaysia IFS Markets India
The U.S. dollar weakened against other major currencies as bond yields fell significantly. The dollar index retreated to levels around 96.00.

USD/JPY plunged 215 pips to 113.21. Official data showed that retail sales in Japan gained 1.1% on month in October (vs +1.0% expected).

EUR/USD jumped 119 pips to 1.1328. Official data showed that the Eurozone's M3 money supply grew 7.7% on year in October (vs +7.4% expected). France's consumer confidence index posted at 99 for November (vs 98 expected).

GBP/USD gained 33 pips to 1.3355, while AUD/USD declined 59 pips to 0.7131.

USD/CHF fell 134 pips to 0.9226.

Canadian dollar was impacted by slumping oil prices. USD/CAD surged 139 pips to 1.2787.

On Friday, Bitcoin plunged over 8% to $53,800. Over the weekend, it climbed back to levels above $57,000.

Address

Level 23, Tower 1, 100 Baranagaroo Avenue
Sydney, NSW
2000

Telephone

+61290483800

Website

Alerts

Be the first to know and let us send you an email when IFS Markets Thailand posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category