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Actualités Forex
Singapore Bourse May Test Support At 3,200 Points
The Singapore stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day slide in which it had fallen almost 25 points or 0.8 percent. The Straits Times Index now rests just above the 3,225-point plateau and it's expected to see continued consolidation on Monday.
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Losing Streak May Continue For Malaysia Stock Market
The Malaysia stock market has moved lower in three straight sessions, slumping more than 35 points or 2.3 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,425-point plateau and it may extend its losses on Monday.
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No Help Yet For South Korea Stock Market
The South Korea stock market has finished lower in three straight sessions, sinking almost 80 points or 3.3percent along the way. The KOSPI now rests just above the 2,290-point plateau and it's tipped to open in the red again on Monday.
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Japan Manufacturing PMI On Tap For Monday
Japan will on Monday see September results for its manufacturing, services and composite PMIs from Jibun Bank, highlighting a modest day for Asia-Pacific economic activity. In August, their scores were 51.5, 49.5 and 49.4, respectively.
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TSX Falls For 4th Straight Day, Ends 2.8% Down
The Canadian market suffered its worst setback in more than than three months on Friday as rising fears of a recession due to aggressive monetary tightening by global central banks to fight inflation rendered the mood extremely bearish.
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Dollar Continues To Rise, Records Fresh Two-decade High
The U.S. dollar soared to a fresh two-decade high, pushing several major currencies to their multi-year lows in the process, amid mounting fears of a recession due to aggressive policy tightening by the Fed and increasing possibilities of more sharp increases in interest rates lifted its safe-haven appeal.
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Swiss Market Ends Sharply Lower
The Switzerland stock market ended sharply lower on Friday as worries about a global recession following aggressive interest rate hikes by central banks rendered the mood extremely bearish.
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more news
European Stocks Close Sharply Lower As Recession Fears Trigger Sell-off
European stocks tumbled on Friday, and several markets in the region plunged to multi-month lows, as mounting fears about a global recession triggered widespread selling.
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Canadian Market Down Sharply As Stocks Tumble On Recession Fears
Canadian stocks are plunging sharply on Friday with mounting fears of a recession triggering a sell-off across the board.
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Korn Ferry Board Elects Jerry Leamon To Succeed Christina Gold As Non-Executive Chair
Management consulting firm Korn Ferry (KFY) announced Friday the election of a new member to its Board of Directors, in addition to the appointment of a new Non-Executive Chair.
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UK Private Sector Shrinks Most Since Early 2021
The UK private sector shrank at the fastest pace since early 2021 on the negative impacts of high costs and a weaker economic outlook, flash survey results from S&P Global and the Chartered Institute of Procurement & Supply showed Friday. The composite output index came in at a 20-month low of 48.4 in September versus 49.6 in the previous month. The score was forecast to ease moderately to 49.0.
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Pound Moves Down Following U.K. Mini-budget Statement
The pound depreciated against its major counterparts in the European session on Friday, as the new government unveiled tax cuts and huge increases in borrowing in its mini budget that spooked the markets.
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Florida Power & Light To Refund Nearly $400 Mln To Customers Amid New Federal Tax Law
Florida Power & Light Co. or FPL, a subsidiary of clean energy company NextEra Energy, Inc. (NEE), announced Friday a plan to refund its approximately 5.8 million customers nearly $400 million in savings resulting from the new federal tax law.
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