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Actualités Forex
Little Movement Predicted For Indonesia Stock Market
The Indonesia stock market on Tuesday ended the two-day winning streak in which it had gathered almost 110 points or 1.8 percent. The Jakarta Composite Index now rests just above the 6,860-point plateau and it's expected to remain stuck in neutral on Wednesday.
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Australia Annual Inflation Jumps 7.8% In Q4
Consumer prices in Australia were up 7.8 percent on year in the fourth quarter of 2022, the Australian Bureau of Statistics said on Wednesday - exceeding estimates for 7.5 percent and accelerating from 7.3 percent in the three months prior.
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Higher Open Anticipated For Singapore Stock Market
Ahead of the long weekend for the Lunar New Year, the Singapore stock market had alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gathered more than a dozen points or 0.4 percent. The Straits Times Index now rests just above the 3,290-point plateau and it's expected to return to the upside on Wednesday as it catches up on misses sentiment.
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Malaysia Stock Market May Add To Its Winnings
Ahead of the long weekend for the Lunar New Year, the Malaysia stock market had ticked higher in two straight sessions, gathering almost 5 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,500-point plateau and it's tipped to open in the green on Wednesday as it catches up on missed positive sentiment.
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New Zealand Inflation Jumps 7.2% On Year In Q4
Consumer prices in New Zealand were up 7.2 percent on year in the fourth quarter of 2022, Statistics New Zealand said on Wednesday.
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KOSPI Expected To Reclaim 2,400-Point Level
Ahead of the long weekend for the Lunar New Year, the South Korea stock market had moved higher in back-to-back sessions, collecting more than 25 points or 1 percent along the way. The KOSPI now rests just shy of the 2,400-point plateau and it's tipped to add to its winnings on Wednesday as it catches up on missed positive sentiment.
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TSX Recovers After Weak Start, Ends Flat
After a weak start and a subsequent fall to lower levels, the Canadian market gradually pared its losses as the session progressed on Tuesday and briefly emerged into positive territory around late afternoon before finally settling flat.
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more news
Australia Inflation Data Due On Wednesday
Australia will on Wednesday release Q4 numbers for consumer prices, highlighting a busy day for Asia-Pacific economic activity. Overall inflation is expected to rise 1.6 percent on quarter and 7.5 percent on year after climbing 1.8 percent on quarter and 7.3 percent on year in the previous three months.
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Dollar Loses Some Ground Against Major Counterparts
The U.S. dollar traded weak against most of its major counterparts on Tuesday amid rising bets the Federal Reserve will slow the pace of interest rate hikes in the coming months.
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Swiss Market Ends Flat
After an extremely choppy session, the Switzerland stock market ended flat on Tuesday with investors looking for direction and largely refraining from making significant moves.
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European Stocks Close On Mixed Note After Choppy Ride
European stocks closed on a mixed note on Tuesday with investors staying largely cautious, assessing the outlook for economic and earnings growth.
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Canadian Market Down Marginally In Cautious Trade
The Canadian market is down marginally a little past noon on Tuesday after recovering from lower levels. The mood is cautious and investors are largely refraining from making significant moves as they await the Bank of Canada's interest rate decision, due on Wednesday.
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UK Orders Book Balance Falls, Cost Pressures Ease: CBI
UK manufacturing output and orders remained stable in the three months to January, while average unit costs grew at the slowest pace since April 2021, the latest monthly Industrial Trends Survey from the Confederation of British Industry and Accenture showed on Tuesday.
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