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Taiwan Stock Market May Bounce Higher Again On Wednesday
The Taiwan stock market has alternated between positive and negative finishes through the last seven trading days since the end of the three-day losing streak in which it had tumbled almost 350 points or 2.2 percent. The Taiwan Stock Exchange now rests just above the 15,510-point plateau although it figures to open higher again on Wednesday.
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Singapore Shares Tipped To Open In The Green
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the five-day losing streak in which it had stumbled more than 115 points or 3.5 percent. The Straits Times Index now rests just beneath the 3,175-point plateau and it's expected to see additional support on Wednesday.
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Malaysia Stock Market May Extend Tuesday's Gains
The Malaysia stock market has alternated between positive and negative finishes through the last five trading days since the end of the five-day losing streak in which it had tumbled almost 65 points or 4.6 percent. The Kuala Lumpur Composite Index now rests just above the 1,405-point plateau and it may add to its winnings on Wednesday.
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South Korea Stock Market May Add To Its Winnings
The South Korea stock market has alternated between positive and negative finishes through the last seven trading days since the end of the three-day losing streak in which it had dropped more than 65 points or 2.8 percent. The KOSPI now rests just beneath the 2,390-point plateau and it's expected to open in the green again on Wednesday.
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New Zealand Consumer Sentiment Index Due On Wednesday
New Zealand will on Wednesday see Q1 results of the consumer sentiment index from Westpac Bank, highlighting a light day for Asia-Pacific economic activity. In the previous three months, the index score was 75.6.
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TSX Ends On Strong Note
The Canadian market ended on a strong note on Tuesday, led by gains in healthcare, energy, technology and financials shares.
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Dollar Turns In Mixed Performance Ahead Of Fed Rate Decision
After staying firm in the Asian session, the U.S. dollar retreated on Tuesday and despite recovering from the session's lows, turned in a sluggish performance ahead of the Federal Reserve's monetary policy announcement.
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Swiss Market Ends On Strong Note; UBS, Credit Suisse Rise Sharply
The Switzerland stock market ended on a strong note on Tuesday, in line with European markets, as investors continued to cheer the steps taken by governments and central banks to rescue troubled U.S. and European banks.
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European Stocks Close Sharply Higher As Rescue Efforts Help Ease Concerns About Banking Crisis
European stocks closed sharply higher on Tuesday amid easing concerns about the health of the banking sector following the efforts by governments and central banks to rescue distressed banks in the U.S. and Europe.
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U.S. Existing Home Sales Soar In February, Snapping 12-Month Streak Of Declines
A report released by the National Association of Realtors on Tuesday showed existing home sales in the U.S. rebounded by much more than expected in the month of February. NAR said existing home sales spiked by 14.5 percent to an annual rate of 4.58 million in February after falling by 0.7 percent to a rate of 4.00 million in January.
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Attorneys General Of 23 US States Urge Hyundai, Kia To Take Swift Action Against Car Thefts
A group of 23 U.S. states attorneys general have asked South Korean car manufacturers Hyundai Motor and Kia Corp. to take action more quickly to solve problems with millions of U.S. vehicles facing theft. The issue is related to the companies' failure to equip vehicles with anti-theft immobilizers, which has been a standard equipment on vehicles sold by other major manufacture
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Euro Climbs Amid Risk Appetite
The euro advanced against its major counterparts in the European session on Tuesday amid risk appetite, as fears over a banking crisis eased, and investors awaited the Federal Reserve's interest-rate decision.
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Bay Street Likely To Open On Cautious Note; Inflation Data In Focus
Bay Street is set to open on a cautious note on Tuesday with investors reacting to Canadian inflation data for the month of February, and looking ahead to the Federal Reserve's rate decision on Wednesday.
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