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Noticias de Forex
Renewed Consolidation Anticipated For China Shares
The China stock market rebounded on Wednesday, one day after ending the two-day winning streak in which it had improved almost 60 points or 2 percent. The Shanghai Composite Index now rests just beneath the 3,160-point plateau although it's likely to head south again on Thursday.
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Lower Open Anticipated For Taiwan Stock Market
The Taiwan stock market on Wednesday ended the three-day winning streak in which hit had improved almost 160 points or 1 percent. The Taiwan Stock Exchange now rests just beneath the 16,740-point plateau and it's likely to open in the red again on Thursday.
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Continued Consolidation Predicted For Singapore Stock Market
The Singapore stock market has moved lower in consecutive trading days, slumping more than 15 points or 0.5 percent along the way. The Straits Times Index now sits just above the 3,220-point plateau and it may extend its losses on Thursday.
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Malaysia Bourse May Hand Back Wednesday's Gains
The Malaysia stock market on Wednesday halted the two-day slide in which it had fallen almost 10 points or 0.7 percent. The Kuala Lumpur Composite Index now sits just above the 1,460-point plateau although it's expected to head south again on Thursday.
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South Korea Shares May Extend Losing Streak
The South Korea stock market has ticked lower in back-to-back sessions, sinking more than 20 points or 0.8 percent along the way. The KOSPI now sits just above the 2,560-point plateau and it's likely to open under pressure again on Thursday.
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China Trade Data Due On Thursday
China will on Thursday release August figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity.
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Canadian Market Ends Notably Lower After BoC's Rate Decision
The Canadian market ended on a weak note on Wednesday due to sustained selling at several counters after the Bank of Canada held its interest rate unchanged but did not rule out further tightening.
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Dollar Rises Against Major Counterparts After ISM Services PMI Data
The U.S. dollar firmed against its major counterparts on Wednesday after data showing an acceleration in U.S. service sector activity in the month of August raised the prospect of the Federal Reserve holding its interest rate higher for longer.
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Fed's Beige Book Indicates Modest Economic Growth
The Federal Reserve released its Beige Book, a compilation of anecdotal evidence on economic conditions in each of the twelve Fed districts, on Wednesday. The Beige Book said contacts from most Fed districts indicated economic growth was modest during July and August.
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Swiss Market Ends Modestly Lower
The Switzerland stock market ended weak on Wednesday, in line with markets across Europea, as worries about economic slowdown, inflation and prospects of further monetary tightening by global central banks weighed on sentiment.
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European Markets Close Lower As Inflation, Growth Concerns Weigh
European stocks closed lower on Wednesday, weighed down by rising concerns about inflation due to high oil prices, slowing economic growth, and possibility of further monetary tightening by global central banks.
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U.S. Dollar Climbs As ISM Services PMI Exceeds Expectations
The U.S. dollar strengthened against its major counterparts in the New York session on Wednesday, as ISM non-manufacturing PMI came in higher than expected in August, raising the prospect of higher for longer rate policy by the Federal Reserve.
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Canadian Market Firmly Down In Negative Territory After BoC Holds Rates
The Canadian market is down firmly in negative territory in early afternoon trades on Wednesday, weighed down by losses in healthcare and utilities sectors.
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