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Actualités Forex
Muted Open Predicted For Indonesia Stock Market
The Indonesia stock market has moved higher in two of three days since the end of the two-day losing streak in which it had slumped more than 70 points or 1 percent. The Jakarta Composite Index now sits just above the 6,935-point plateau although it may spin its wheels again on Thursday.
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Australian Market Modestly Higher
The Australian stock market is modestly higher on Thursday after opening in the red, recouping some of the losses in the previous session, with the benchmark S&P/ASX 200 staying below the 7,200 level, following the mixed cues from Wall Street overnight, boosted by gains in mining and energy stocks.
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No Help Yet For Oversold Hang Seng
The Hong Kong stock market has moved lower in seven straight sessions, tumbling more than 835 points or 4.7 percent along the way. The Hang Seng Index now sits just beneath the 18,010-point plateau and it's predicted to open lower again on Thursday.
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Losing Streak May Continue For China Stock Market
The China stock market has moved lower in two straight sessions, slumping almost 20 points or 0.6 percent along the way. The Shanghai Composite Index now rests just beneath the 3,125-point plateau and it may take further damage on Thursday.
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Rally May Stall For Taiwan Stock Market
The Taiwan stock market has moved higher in back-to-back sessions, gathering almost 150 points or 0.9 percent along the way. The Taiwan Stock Exchange now rests just above the 16,580-point plateau although it may run out of steam on Thursday.
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Japan Core Machine Orders Sink 1.1% In July
The value of core machine orders in Japan slumped a seasonally adjusted 1.1 percent on month in July, the Cabinet Office said on Thursday - coming in at 844.9 billion yen.
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Singapore Bourse May Hand Back Wednesday's Gains
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day slide in which it had fallen more than 15 points or 0.5 percent. The Straits Times Index now sits just beneath the 3,220-point plateau although it may spin its wheels again on Thursday.
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Malaysia Stock Market May Be Stuck In Neutral On Thursday
The Malaysia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had slipped almost 6 points or 0.4 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,455-point plateau and it's likely to remain rangebound again on Thursday.
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South Korea Shares Likely Rangebound On Thursday
The South Korea stock market has moved lower in consecutive trading days, sinking almost 25 points or 1 percent along the way. The KOSPI now rests just beneath the 2535-point plateau and it's likely to remain in that neighborhood again on Thursday.
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TSX Ends Higher For 3rd Straight Day
The Canadian market ended modestly higher on Wednesday after staying positive right through the day's session.
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Australia Unemployment Data On Tap For Thursday
Australia will on Thursday release August figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The unemployment rate is expected to hold steady at 3.7 percent, with the addition of 24,300 jobs following the loss of 14,600 jobs in July. The participation rate is seen unchanged at 66.7 percent.
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Dollar Turns In Subdued Performance After Inflation Data
The U.S. dollar was subdued against most of its major counterparts on Wednesday after inflation data came in line with expectations.
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Canadian Market Modestly Higher In Cautious Trade
The Canadian market is modestly higher Wednesday afternoon with stocks turning in a mixed performance as investors react to U.S. consumer price inflation data and assessing the likely interest-rate path of the Federal Reserve.
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