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Actualités Forex
Thai Stock Market Tipped To Extend Losing Streak
The Thai stock market has tracked lower in consecutive trading days, slumping more than 20 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1.540-point plateau and it's expected to open in the red again on Wednesday.
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More Pain Predicted For Indonesia Stock Market
The Indonesia stock market has moved lower in three straight sessions, slumping more than 50 points or 0.8 percent along the way. The Jakarta Composite Index now sits just above the 6,660-point plateau and it's looking at another soft start again for Wednesday's trade.
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Australian Market Modestly Lower
The Australian stock market is modestly lower on Wednesday, snapping the seven-session winning streak, with the benchmark S&P/ASX 200 staying above the 7,300 level, following the broadly negative cues from global markets overnight, with losses in materials and energy stocks amid tumbling commodity prices, partially offset by strength in technology stocks.
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Hang Seng Expected To Open Under Pressure On Wednesday
The Hong Kong stock market has finished lower in back-to-back sessions, tumbling more than 430 points or 2.2 percent along the way. The Hang Seng Index now rests just above the 19,600-point plateau and it's looking at another soft start again on Wednesday.
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China Shares Expected To Open In The Red
The China stock market has moved lower in two straight sessions, sinking more than 30 points or 1 percent along the way. The Shanghai Composite Index now sits just above the 3,240-point plateau and it's likely to open under pressure again on Wednesday.
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Taiwan Bourse May Take Further Damage On Wednesday
The Taiwan stock market has moved lower in three straight sessions, stumbling more than 150 points or 0.8 percent along the way. The Taiwan Stock Exchange now sits just above the 17,180-point plateau and it's likely in store for more misery on Wednesday.
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BoJ Minutes: Japan Economy Continues To Strengthen
Members of the Bank of Japan's Monetary Policy Board said that the country's economy remains on an upward trend, minutes from its monetary policy meeting on April 27 and 28 revealed on Wednesday.
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Singapore Stock Market May Give Up Support At 3,200 Points
The Singapore stock market has moved lower in two straight sessions, sinking almost 40 points or 1.2 percent along the way. The Straits Times Index now sits just above the 3,220-point plateau and it may take further damage on Wednesday.
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Renewed Selling Pressure Likely For Malaysia Bourse
The Malaysia stock market has alternated between positive and negative finished through the last six trading days since the end of the two-day winning streak in which it had gathered almost a dozen points or 0.9 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,390-point plateau although it's likely to head south again on Wednesday.
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Losing Streak May Continue For South Korea Shares
The South Korea stock market has finished lower in back-to-back sessions, dropping more than 20 points or 0.8 percent along the way. The KOSPI now rests just above the 2,600-point plateau although it's likely to slip beneath that support on Wednesday.
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South Korea Producer Prices Sink 0.3% In May
Producer prices in South Korea were down 0.3 percent on month in May, the Bank of Korea said on Wednesday.
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BoJ Minutes On Tap For Wednesday
The Bank of Japan will on Wednesday release the minutes from its monetary policy meeting on April 27 and 28, highlighting a light day for Asia-Pacific economic activity.
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TSX Ends Notably Lower
The Canadian market ended notably lower on Tuesday, pushed down by losses in materials and energy sectors as commodity prices fell amid concerns about global economic slowdown.
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