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Actualités Forex
Mild Selling Pressure Tipped For Thai Stock Market
The Thai stock market ticked higher again on Monday, one session after ending the four-day winning streak in which it had surged almost 50 points or 4.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,125-point plateau and it's likely to remain rangebound again on Tuesday.
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Indonesia Bourse May Hand Back Monday's Gains
The Indonesia stock market on Monday ended the four-day losing streak in which it had slumped more than 60 points or 0.9 percent. The Jakarta Composite Index now sits just above the 6,900-point plateau although it's likely to turn lower again on Tuesday.
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Japanese Market Notably Higher
The Japanese stock market is trading notably higher on Tuesday, reversing the losses in the previous session, despite the broadly negative cues from Wall Street overnight, with the Nikkei 225 moving well above the 39,700 level, with gains in automakers and technology stocks.
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Hong Kong Bourse May Extend Losing Streak
The Hong Kong stock market has finished lower in three straight sessions, sinking more than 330 points or 1.4 percent along the way. The Hang Seng Index now sits just shy of the 23,890-point plateau and it's tipped to open to the downside again on Tuesday.
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China Bourse May Spin Its Wheels On Tuesday
The China stock market has moved higher in three straight sessions, collecting almost 20 points or 0.6 percent along the way. The Shanghai Composite Index now sits just above the 3,470-point plateau although the rally may stall on Tuesday.
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Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Tuesday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,600 level, with weakness in iron ore miners and mixed performance in most other sectors.
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Taiwan Stock Market May Extend Monday's Losses
The Taiwan stock market has finished lower in two straight sessions, shedding almost 300 points or 1.3 percent along the way. The Taiwan Stock Exchange now sits just beneath the 22,430-point plateau and it may take further damage on Tuesday.
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more news
Lower Open Called For Singapore Stock Market
The Singapore stock market bounced higher again on Monday, one session after ending the three-day winning streak in which it had advanced more than 55 points or 1.3 percent. The Straits Times Index now rests just above the 4,030-point plateau although it may turn lower again on Tuesday.
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Japan June Bank Lending Climbs 2.8% On Year
Overall bank lending in Japan was up 2.8 percent on year in June, the Bank of Japan said on Tuesday - coming in at 639.746 trillion yen.
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Malaysia Bourse May See Additional Selling Pressure
The Malaysia stock market has moved lower in two of three trading days since the end of the five-day winning streak in which it had collected more than 35 points or 2.1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,540-point plateau and it's likely to open under water again on Tuesday.
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Japan Stock Market May Take Further Damage On Tuesday
The Japanese stock market on Monday halted the two-day winning streak in which it had added just 50 points or 0.2 percent. The Nikkei 225 now sits just above the 39,580-point plateau and the losses may accelerate on Tuesday.
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South Korea Bourse To Remain Rangebound On Tuesday
The South Korea stock market has 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 picked up almost 35 points or 1.2 percent. The KOSPI now sits just beneath the 3,060-point plateau although it's likely to hand back those gains on Tuesday.
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Australia Rate Decision On Tap For Tuesday
The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and the n announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is expected to trim its benchmark lending rate by 25 basis points, to 3.60 percent from 3.85 percent.
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