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Singapore Shares May Be Stuck In Neutral On Tuesday
The Singapore stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had advanced more than 50 points or 1.6 percent. The Straits Times Index now rests just beneath the 3,235-point plateau although it may spin its wheels on Tuesday.
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vor 526 Tagen
Malaysia Bourse May Run Out Of Steam On Tuesday
The Malaysia stock market has finished higher in back-to-back sessions, gathering almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1m545-point plateau, although the rally may stall on Tuesday.
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vor 526 Tagen
South Korea Inflation Adds 0.1% In March
Overall consumer prices in South Korea were up a seasonally adjusted 0.1 percent on month in March, Statistics Korea said on Tuesday.
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vor 526 Tagen
Mild Upside Seen For South Korea Shares
The South Korea stock market has moved higher in two straight sessions, although it has picked up just 2 points or 0.1 percent in that span. The KOSPI now sits just shy of the 2,750-point plateau and it may inch slightly higher again on Tuesday.
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vor 526 Tagen
Australia Manufacturing PMI Slows To 47.3 - Judo
The manufacturing sector in Australia continued to contract in March, and at a faster pace, the latest survey from Judo Bank revealed on Tuesday with a manufacturing PMI score of 47.3.
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vor 526 Tagen
RBA Minutes On Tap For Tuesday
The Reserve Bank of Australia will on Tuesday release the minutes from its March 19 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.
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vor 526 Tagen
Canadian Market Ends Slightly Higher
Canadian stocks moved in a narrow range on Monday with investors largely refraining from making significant moves, amid slightly fading hopes about an early interest rate cut by the Federal Reserve after recent data.
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vor 526 Tagen
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Dollar Rises Against Major Counterparts
The U.S. dollar climbed higher on Monday, lifted by recent data showing an increase in the annual rate of consumer price growth, and comments from Federal Reserve Chair Jerome Powell that the central bank is in no hurry to cut rates, and is content to remain in wait-and-watch mode.
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vor 526 Tagen
U.S. Dollar Climbs Amid Strong ISM Manufacturing PMI
The U.S. dollar was higher against its major counterparts in the New York session on Monday, as U.S. manufacturing sector expanded in March for the first time since September 2022.
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vor 526 Tagen
U.S. Construction Spending Unexpectedly Sees Further Downside In February
Construction spending in the U.S. unexpectedly saw further downside in the month of February, according to a report released by the Commerce Department on Monday. The report said construction spending dipped by 0.3 percent to an annual rate of $2.091 trillion in February after edging down by 0.2 percent to a revised rate of $2.097 trillion in January.
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vor 526 Tagen
U.S. Manufacturing Index Indicates Growth For First Time Since September 2022
Following sixteen consecutive months of contraction, the Institute for Supply Management released a report on Monday unexpectedly showing modest growth in U.S. manufacturing activity in the month of March. The ISM said its manufacturing PMI jumped to 50.3 in March from 47.8 in February, with a reading above 50 indicating growth in the sector. Economists had expected the index to inch up to 48.4.
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vor 526 Tagen
Canadian Market Down Marginally In Cautious Trade
After opening marginally higher and edging up a bit, the Canadian market retreated Monday morning, weighed down by weakness in communications, healthcare, real estate and utilities sectors.
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vor 526 Tagen
U.S. Construction Spending Unexpectedly Dips 0.3% In February
Construction spending in the U.S. unexpectedly saw further downside in the month of February, according to a report released by the Commerce Department on Monday.
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vor 527 Tagen
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