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Actualités Forex
Thai Stock Market Draws Flat Lead For Wednesday
The Thai stock market has finished lower in two straight sessions, slipping almost 10 points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,395-point plateau and it's expected to remain in that neighborhood again on Wednesday.
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Mild Upside Anticipated For Indonesia Stock Market
The Indonesia stock market on Tuesday ended the four-day losing streak in which it had slumped almost 70 points or 1 percent. The Jakarta Composite Index now sits just above the 7,285-point plateau and it may tick higher again on Wednesday.
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Australian Market Modestly Lower
Snapping a four-session winning streak, the Australian stock market is trading modestly lower on Wednesday after opening in the green, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 7,700 level, with losses in energy and financial stocks partially offset by gains in iron ore miners and technology stocks.
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Hong Kong Bourse May Be Stuck In Neutral On Thursday
The Hong Kong stock market on Tuesday ended the two-day slide in which it had slumped more than 100 points or 0.6 percent. The Hang Seng Index now sits just above the 16,790-point plateau although it may hand back some of those gains on Wednesday.
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Australia Total Construction Work Done Rises 0.7% In Q4
The value of total construction work done in Australia was up a seasonally adjusted 0.7 percent on quarter in the fourth quarter of 2023, the Australian Bureau of Statistics said on Wednesday - coming in at A$65.440 billion.
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China Bourse May Cling To Support At 3,000 Points
The China stock market bounced higher again on Tuesday, one day after ending the eight-day winning streak in which it had surged more than 300 points or 10.9 percent. The Shanghai Composite Index now rests just above the 3,015-point plateau although it may be stuck in neutral on Wednesday.
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Singapore Stock Market May Find Traction On Wednesday
The Singapore stock market has moved lower in three straight sessions, sinking more than 65 points or 2.1 percent along the way. The Straits Times Index now sits just beneath the 3,160-point plateau although it may halt its slide on Wednesday.
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Little Movement Anticipated For Malaysia Stock Market
The Malaysia stock market has moved lower in two of three trading days since the end of the two-day slide in which it had slipped more than 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,560-point plateau and it's likely to be rangebound again on Wednesday.
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South Korea Shares May End Losing Streak
The South Korea stock market has finished lower in back-to-back sessions, sinking more than 40 points or 1.7 percent along the way. The KOSPI now rests just above the 2,625-point plateau although it may find traction on Wednesday.
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TSX Ends Flat
The Canadian market ended slightly down on Tuesday after a somewhat lackluster session as investors refrained from making significant moves while awaiting some key economic data.
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New Zealand Interest Rate Decision On Tap For Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is widely expected to keep its Official Cash Rate steady at 5.50 percent.
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Dollar Remains Subdued Ahead Of Crucial Data
The U.S. dollar turned in a mixed performance on Tuesday as traders awaited a slew of U.S. economic data, including reports on personal income & spending, consumer confidence, and eurozone inflation.
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Swiss Market Ends Marginally Down
After a long spell in negative territory, the Switzerland market edged higher in the final hour the day's trading session on Tuesday, but retreated in the closing minutes to eventually settle with a marginal loss.
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