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Singapore Stocks Tipped To Bounce Higher Again On Tuesday
The Singapore stock market on Monday ended the two-day winning streak in which it had gathered more than 20 points or 0.6 percent. The Straits Times Index now rests just beneath the 3,240-point plateau although it's likely to see renewed support on Tuesday.
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Renewed Support Anticipated For Malaysia Shares
The Malaysia stock market moved lower again on Monday, one session after ending the five-day losing streak in which it had slumped more than 25 points or 1.7 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,475-point plateau, although it's expected to rebound again on Tuesday.
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South Korea Bourse May Reverse Monday's Losses
The South Korea stock market turned lower again on Monday, one session after halting the five-day losing streak in which it had tumbled almost 110 points or 4.5 percent. The KOSPI now rests just beneath the 2,375-point plateau although it figures to bounce higher again on Tuesday.
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New Zealand Food Prices Rise 1.0% In November
Food prices in New Zealand were up a seasonally adjusted 1.0 percent on month in November, Statistics New Zealand said on Tuesday - after adding 0.8 percent in October.
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Australia Consumer Confidence Index Data Due On Tuesday
Australia will on Tuesday see December results for the consumer confidence index from Westpac Bank, highlighting a modest day for Asia-Pacific economic activity. In November, the index slipped 6.9 percent to a score of 78.0.
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TSX Ends Modestly Higher
The Canadian market ended modestly higher on Monday after a cautious session as investors looked for direction.
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Dollar Rises Against Some Major Counterparts
The U.S. dollar climbed higher against most of its major counterparts on Monday, ahead of the crucial U.S. inflation data, and the Federal Reserve's policy announcement, due on Tuesday and Wednesday, respectively.
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Swiss Market Ends Modestly Lower
The Switzerland stock market ended modestly lower on Monday after languishing in the red right through the day's session.
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European Stocks Close Lower; Policy Meetings, China Covid News In Focus
European stocks ended lower on Monday after a cautious session with investors looking ahead to the upcoming monetary policy meetings of the Federal Reserve and the European Central Bank, and awaiting U.S. inflation data.
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Canadian Market Flat At Noon; Technology Stocks Moving Higher
The Canadian market is quite subdued on Monday with investors largely staying cautious and refraining from making significant moves, as they await the upcoming Federal Reserve's monetary policy meeting for some direction.
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NIESR Sees High Risk Of Contraction In UK GDP
Despite the monthly growth in the gross domestic product during October, the UK economy is likely to stagnate or shrink in the final quarter of this year, the National Institute of Economic and Social Research, or NIESR, said Monday.
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China Bank Lending Growth Misses Expectations
China's bank lending increased less than expected in November despite efforts of the central bank to prop up credit and support economic growth, official data revealed Monday. Banks extended CNY 1.21 trillion in new yuan loans in November, figures from the People's Bank of China showed.
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Bay Street Seen Opening On Mixed Note
Canadian shares are likely to open on a mixed note on Monday, tracking higher commodity prices and weak European markets.
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