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Taiwan Stock Market Has Positive Lead For Monday's Trade
The Taiwan stock market rebounded hard on Friday, one session after ending 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 14,000-point plateau and it's got a green light again for Monday's trade.
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Overbought Singapore Bourse Called Higher On Monday
The Singapore stock market has finished higher in six straight sessions, improving more than 125 points or 4.1 percent along the way. The Straits Times Index now rests just beneath the 3,230-point plateau and it's tipped to open in the green again on Monday.
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Malaysia Stock Market Tipped To Extend Winning Streak
The Malaysia stock market has climbed higher in three straight sessions, collecting almost 30 points or 2 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,470-point plateau and it may add to its winnings on Monday.
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South Korea Shares May Crack Resistance At 2,500 Points
The South Korea stock market bounced higher again on Friday, one session after snapping the four-day winning streak in which it had soared almost 100 points or 4 percent. The KOSPI now rests just above the 2,480-point plateau and it's got another green light for Monday's trade.
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New Zealand Services PMI Data Due On Monday
New Zealand will on Monday see October results for its services and composite indexes from BusinessNZ, highlighting a light day for Asia-Pacific economic activity.
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New Zealand Services PMI Jumps To 57.4 In October - BusinessNZ
The services sector in New Zealand continued to expand in October, and at a faster rate, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 57.4.
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TSX Ends On Firm Note For 2nd Straight Day
Despite coming off higher levels twice before noon, the Canadian market stayed in positive territory on Friday and ended the session on a firm note, extending gains to a second straight session.
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more news
Dollar Continues To Slide Against Major Rivals
The U.S. dollar traded weak against its major rivals on Friday, continuing to slide amid hopes the Federal Reserve will slow down the pace of its monetary tightening in the coming months.
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Swiss Market Ends Slightly Up After Choppy Ride
The Switzerland stock market climbed higher after opening somewhat flat Friday morning, but kept paring gains subsequently and then slipped into the red around mid afternoon before edging up to end the session with a small gain.
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European Stocks Close Broadly Higher
European stocks closed broadly higher on Friday although gains were just modest in most of the markets in the region.
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Canadian Market Modestly Higher As Cannabis, Energy Stocks Rally
Despite paring some early gains, the Canadian market remains in positive territory in late morning trades on Friday thanks to strong gains in healthcare, energy, technology and real estate sectors.
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U.S. Consumer Sentiment Slumps In November, Inflation Expectations Ticker Higher
The University of Michigan released preliminary data on Friday showing U.S. consumer sentiment has pulled back much more than expected in November after seeing modest improvements in recent months. The report showed the consumer sentiment index slumped to 54.7 in November after inching up 59.9 in October.
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UK GDP Logs First Contraction Since Early 2021
The UK economy contracted for the first time in six quarters in the three months ended September, which is likely to be the beginning of a prolonged recession as projected by the Bank of England. Gross domestic product shrank 0.2 percent sequentially, offsetting the 0.2 percent gain in the second quarter, the first estimate from the Office for National Statistics showed Friday.
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