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Noticias de Forex
Rally May Stall For Indonesia Stock Market
The Indonesia stock market has moved higher in two straight sessions, collecting more than 40 points or 0.6 percent along the way. The Jakarta Composite Index now sits just above the 7,100-point plateau although it may run out of steam on Wednesday.
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Australian Market Sharply Higher
Australian shares are trading significantly higher on Wednesday, recovering from the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 7,100 level, following the mixed cues from global markets overnight, with gains across most sectors led by technology stocks. Gold miners were the weak spot amid tumbling gold prices.
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Bargain Hunting May Lift Hong Kong Stock Market
The Hong Kong stock market has moved lower in three straight sessions, stumbling almost 720 points or 4.5 percent along the way. The Hang Seng Index now sits just above the 16,325-point plateau although it's due for support on Wednesday.
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China Shares May See Continued Selling Pressure
The China stock market has tracked lower in back-to-back sessions, sinking almost 60 points or 2 percent along the way. The Shanghai Composite Index now sits just above the 2,970-point plateau and it may take further damage on Wednesday.
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Australia GDP Adds 0.2% In Q3
Australia's gross domestic product expanded a seasonally adjusted 0.2 percent on quarter in the third quarter of 2023, the Australian Bureau of Statistics said on Wednesday.
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Steady Start Eyed For Taiwan Stock Market
The Taiwan stock market has moved lower in consecutive trading days, slumping more than 110 points or 0.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 17,330-point plateau and it may find traction on Wednesday.
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Soft Start Seen For Singapore Stock Market
The Singapore stock market has finished lower in two straight sessions, slumping more than 25 points or 0.8 percent along the way. The Straits Times Index now sits just above the 3,075-point plateau and it may take further damage on Wednesday.
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Malaysia Shares May Extend Losing Streak
The Malaysia stock market has moved lower in back-to-back sessions, slipping almost 7 points or 0.5 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,450-point plateau and it may tick lower again on Wednesday.
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Mild Rebound Tipped For South Korea Shares
The South Korea stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day losing streak in which it had slipped almost 20 points or 0.8 percent. The KOSPI now sits just beneath the 2,495-point plateau and it's likely to remain rangebound again on Wednesday.
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Australia GDP Data Due On Wednesday
Australia will on Wednesday release Q3 figures for gross domestic product, highlighting a light day for Asia-Pacific economic activity.
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Dollar Gains Against Major Counterparts
The U.S. dollar gained against most of its major counterparts on Tuesday after data showed a stronger than expected growth in the nation's services sector activity in the month of November.
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TSX Ends Slightly Weak Ahead Of BoC Rate Decision
The Canadian market ended weak on Tuesday after a cautious session as investors awaited the Bank of Canada's interest rate decision on Wednesday, and the U.S. non-farm payroll data due on Friday.
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Swiss Market Ends Slightly Up
The Switzerland market ended marginally up on Tuesday after swinging between gains and losses, after a somewhat lackluster session.
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