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Indonesia Stock Market May Open In The Red
The Indonesia stock market rebounded on Tuesday, one session after snapping the three-day winning streak in which it had gained more than 50 points or 0.8 percent along the way. The Jakarta Composite Index now sits just above the 6,980-point plateau although it may hand back those gains on Wednesday.
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Renewed Consolidation Predicted For Hong Kong Shares
The Hong Kong stock market bounced higher again on Tuesday, one day after halting the two-day winning streak in which it had gathered more than 170 points or 0.9 percent. The Hang Seng Index now sits just beneath the 18,000-point plateau although it figures to head south again on Wednesday.
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China Bourse May Test Support At 3,100 Points
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 fallen almost 20 points or 0.6 percent. The Shanghai Composite Index now rests just beneath the 3,125-point plateau and it may take further damage on Wednesday.
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Taiwan Shares May Open Under Pressure On Wednesday
The Taiwan stock market has finished lower in two straight sessions, tumbling almost 290 points or 1.8 percent along the way. The Taiwan Stock Exchange now rests just beneath the 16,640-point plateau and it may see continued consolidation again on Wednesday.
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Japan Trade Deficit Y930.477 Billion In August
Japan posted a merchandise trade deficit of 930.477 billion yen in August, the Ministry of Finance said on Wednesday.
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Soft Start Seen For Singapore Shares
The Singapore stock market has moved lower in consecutive trading days, sinking almost 40 points or 1.2 percent in that span. The Straits Times Index now sits just above the 3,240-point plateau and it may continue to spin its wheels again on Wednesday.
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Malaysia Shares May Tick Lower Again On Wednesday
The Malaysia stock market has moved lower in back-to-back trading days, although it has eased less than 2 points or 0.1 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,460-point plateau and it's likely to remain in that neighborhood again on Wednesday.
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more news
New Zealand Has NZ$4.21 Billion Current Account Deficit In Q2
New Zealand posted a current account deficit of NZ$4.21 billion in the second quarter of 2023, Statistics New Zealand said on Wednesday.
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Losing Streak May Continue For South Korea Shares
The South Korea stock market has moved lower in two straight sessions, sinking more than 40 points or 1.6 percent along the way. The KOSPI now rests just beneath the 2,560-point plateau and it's expected to extend its losses on Wednesday.
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Japan Trade Data On Tap For Wednesday
Japan will on Wednesday release August numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
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TSX Ends Sharply Lower As Stocks Fall After Inflation Data Fuels Rate Concerns
Canadian stocks tumbled on Tuesday after hotter-than-expected inflation data fueled concerns the Canadian central bank might raise interest rates.
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Dollar Mixed Against Major Rivals Ahead Of Fed Policy Decision
The U.S. dollar traded weak against most of its major counterparts on Tuesday with traders awaiting the Federal Reserve's monetary policy announcement, due on Wednesday.
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TSX Down Sharply As Inflation Data Weighs
The Canadian market is down sharply on Tuesday due to widespread selling after data showing an acceleration in consumer price inflation raised concerns about interest rate hikes.
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