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Renewed Support Expected For Taiwan Stock Market
The Taiwan stock market on Thursday halted the four-day winning streak in which it had spiked more than 650 points or 5.2 percent. The Taiwan Stock Exchange now rests just above the 13,500-point plateau although it's expected to break significantly higher again on Friday.
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Japan Producer Prices Rise 0.6% On Month In October
Producer prices in Japan were up 0.6 percent on month in October, the Bank of Japan said on Friday
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Singapore Bourse May Crack Resistance At 3,200 Points
The Singapore stock market has climbed higher in five straight sessions, improving more than 70 points or 2.4 percent along the way. The Straits Times Index now rests just beneath the 3,175-point plateau and it's expected to extend its winning streak on Friday.
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Malaysia Stock Market May Extend Winning Streak
The Malaysia stock market has ticked higher in two straight sessions, collecting almost 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,450-point plateau and it may add to its winnings on Friday.
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Tech Surge Poised To Propel South Korea Shares
The South Korea stock market on Thursday halted the four-day winning streak in which it had soared almost 100 points or 4 percent. The KOSPI now rests just above the 2,400-point plateau although it's expected to bounce higher again on Friday.
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Canadian Shares Rally On Soft U.S. Inflation Data; TSX Ends 3.3% Up
The Canadian market ended on an upbeat note on Thursday as stocks rallied sharply as investors went on a buying spree after data showed a smaller than expected increase in U.S. consumer prices, lifting hopes the Fed will start slowing the pace of its policy tightening measures.
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New Zealand Manufacturing Sector Slips Into Contraction - BusinessNZ
The business sector in New Zealand fell into contraction in October, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI score of 49.3.
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Japan Producer Price Data Due On Friday
Japan will on Friday release October data for producer prices, highlighting a light day for Asia-Pacific economic activity.
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New Zealand Food Prices Spike 10.1% On Year In October
Food prices in New Zealand surged 10.1 percent on year in October, Statistics New Zealand said on Friday - accelerating from the 8.3 percent increase in September.
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Dollar Loses Ground On Soft Inflation Data
The U.S. dollar turned weak against its major counterparts on Thursday after data showed consumer prices in the U.S. rose less than expected in October, raising hopes the Federal Reserve will slow the pace of monetary tightening in the coming months.
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SMI Ends On Buoyant Note On Fading Concerns About Aggressive Rate Hikes
The Switzerland stock market ended on a buoyant note on Thursday, despite languishing in negative territory till about an hour past noon.
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European Stocks Close Sharply Higher On U.S. Inflation Data
After struggling for direction till around mid afternoon, European stocks flared up in the final hour of the session on Thursday after data showing a smaller than expected rise in U.S. consumer prices helped raise optimism the Fed will slow the pace of interest rate hike as early as next month.
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Canadian Stocks Rising Sharply On Soft U.S. Inflation Data
Canadian shares are up sharply on Thursday thanks to hectic buying across the board after data showing a smaller than expected increase in consumer prices in the U.S. helped raise optimism the Fed will slow the pace of interest rate hikes as early as next month.
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