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Actualités Forex
Soft Start Seen For Indonesia Stock Market
The Indonesia stock market has finished lower in two straight sessions, sinking almost 60 points or 0.8 percent along the way. The Jakarta Composite Index now rests just above the 6,880-point plateau and it's expected to open in the red again on Monday.
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Australian Market Modestly Lower
The Australian stock market is modestly lower in choppy trading on Monday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying just above the 7,400 level, following the mixed cues from Wall Street on Friday, dragged by weak earnings reports or disappointing corporate updates by some major companies.
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Hong Kong Bourse May Extend Friday's Losses
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day slide in which it had plummeted more than 840 points or 3.8 percent. The Hang Seng Index now sits just above the 21,190-point plateau and it's expected to open under pressure again on Monday.
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Soft Start Anticipated For China Stock Market
The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day losing streak in which it had slipped almost 50 points or 0.8 percent. The Shanghai Composite Index now rests just above the 3,260-point plateau and it may spin its wheels again on Monday.
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Tech Shares May Weigh On Taiwan Stock Market
The Taiwan stock market has finished lower in back-to-back sessions, slumping more than 30 points or 0.2 percent along the way. The Taiwan Stock Exchange now rests just beneath the 15,590-point plateau and it may take further damage on Monday.
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Singapore GDP Grows 0.1% On Quarter, +2.1% On Year In Q4
Singapore's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the fourth quarter of 2022, the Ministry of Trade and Industry said on Monday.
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Singapore Shares Expected To Remain Rangebound
The Singapore stock market on Friday ended the two-day losing streak in which it had slumped more than 25 points or 0.7 percent. The Straits Times Index now rests just above the 3,360-point plateau although it's likely to tick lower again on Monday.
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Little Movement Expected For Malaysia Stock Market
The Malaysia stock market on Friday wrote a finish to the three-day slide in which it had stumbled more than 25 points or 1.6 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,475-point plateau although it's likely to spin its wheels on Monday.
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South Korea Bourse May Spin Its Wheels On Monday
The South Korea stock market has ticked lower in two straight sessions, slipping almost 15 points or 0.6 percent along the way. The KOSPI now rests just beneath the 2,470-point plateau and it's likely to remain stuck in neutral on Monday.
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Singapore GDP Data Due On Monday
Singapore will on Monday release Q4 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity.
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Dollar Rises Against Major Counterparts On Rate Hike Bets
The U.S. dollar climbed higher against its major rivals on Friday, lifted by expectations the Federal Reserve will continue to hold interest rates higher for more time.
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TSX Recovers After Early Setback, Ends Marginally Up
After opening modestly lower and drifting down further Friday morning, the Canadian market recovered gradually and finally ended the day's session marginally up.
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Canadian Stocks Turning In Mixed Performance
The Canadian market is down marginally in late afternoon trade on Friday with stocks turning in a mixed performance as investors digest the jobs data, a slew of earnings updates, and weighing possible interest rate moves by the Canadian central bank and the Federal Reserve.
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