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Australian Market Modestly Lower
The Australian stock market is modestly lower on Tuesday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling to a tad above the 7,200 level, despite the slightly positive cues from Wall Street overnight, dragged by weakness in financial and technology stocks, partially offset by gains in gold miners and energy stocks.
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Soft Start Predicted For Hong Kong Shares
The Hong Kong stock market on Monday ended 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 above the 17,930-point plateau and it's tipped to open under pressure again on Tuesday.
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China Shares May See Renewed Selling Pressure On Tuesday
The China stock market has moved higher in two of three 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 above the 3,125-point plateau although it may head south again on Tuesday.
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Taiwan Bourse May Continue To Spin Its Wheels On Tuesday
The Taiwan stock market on Monday halted the four-day winning streak in which it had jumped almost 500 points or 3 percent. The Taiwan Stock Exchange now rests just beneath the 16,700-point plateau and now it's expected to be rangebound on Tuesday.
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Singapore Stock Market Has Flat Lead For Tuesday's Trade
The Singapore stock market on Monday wrote a finish to the three-day winning streak in which it had advanced almost 70 points or 2.1 percent. The Straits Times Index now sits just above the 3,260-point plateau and it may continue to spin its wheels again on Tuesday.
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Malaysia Shares Expected To Remain Rangebound
The Malaysia 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 slipped almost 6 points or 0.4 percent. 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 Tuesday.
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South Korea Shares May Remain Stuck In Neutral
The South Korea stock market on Monday wrote a finish to the two-day winning streak in which it had accelerated more than 65 points or 2.6 percent. The KOSPI now rests just beneath the 2,575-point plateau and it's expected to see little movement on Tuesday.
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RBA Minutes On Tap For Tuesday
The Reserve Bank of Australia will on Tuesday release the minutes from its September meeting, highlighting a light day for Asia-Pacific economic activity.
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TSX Ends Lower As Technology Stocks Decline
Canadian stocks turned in a weak performance on Monday, with investors largely staying cautious ahead the Federal Reserve's monetary policy announcement due later in the week.
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Dollar Subdued Against Major Rivals Ahead Of Policy Meetings
The U.S. dollar lost ground against some of its major counterparts on Monday as traders looked ahead to interest-rate decisions from the Federal Reserve, the Bank of England and the Bank of Japan.
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Canadian Shares Losing Ground In Cautious Trade
Canadian stocks are down in negative territory Monday afternoon, weighed down by losses in healthcare and technology sectors.
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Swiss Market Ends Weak On Growth Worries
Swiss stocks fell on Monday amid concerns about slowing growth and possibility of further monetary tightening by central banks.
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European Stocks Close Notably Lower As Investors Await Central Bank Policy Meetings
European stocks closed notably lower on Monday as investors stayed wary of indulging any significant buying ahead of monetary policy decisions of the Federal Reserve, the Bank of England (BoE), and the Bank of Japan (BoJ).
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