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Soft Start Seen For Taiwan Stock Market
The Taiwan stock market has tracked higher in three straight sessions, collecting more than 310 points or 2.4 percent along the way. The Taiwan Stock Exchange now rests just above the 13,100-point plateau although the rally may stall on Thursday.
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Win Streak Expected To End For Singapore Shares
The Singapore stock market has climbed higher in seven straight sessions, collecting more than 170 points or 5.7 percent along the way. The Straits Times Index now rests just above the 3,140-point plateau although it's overdue for consolidation on Thursday.
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Renewed Selling Pressure Expected For Malaysia Shares
The Malaysia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had dipped almost 8 points or 0.6 percent. The Kuala Lumpur Composite Index now rests just above the 1,450-point plateau although it figures to head south again on Thursday.
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South Korea Stock Market May Run Out Of Steam
The South Korea stock market has moved higher in three straight sessions, advancing almost 70 points or 3.2 percent along the way. The KOSPI now rests just above the 2,335-point plateau although investors may lock in gains on Thursday.
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Australia Service Sector Falls Into Contraction - S&P Global
The services sector in Australia slipped into contraction territory in October, the latest survey from S&P Global showed on Thursday with a services PMI score of 49.3.
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Australia Trade Data On Tap For Thursday
Australia will on Thursday release September figures for imports, exports and trade balance, highlighting a modest day in Asia-Pacific economic activity. The trade surplus is pegged at A$8.85 billion - up from A$8.324 billion in August, when imports rose 4.0 percent and exports gained 3.0 percent.
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TSX Ends Notably Lower As Fed Rate Hike, Powell's Hawkish Comments Weigh
The Canadian market ended notably lower on Wednesday, weighed down by losses in materials, healthcare, technology and consumer discretionary sections.
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more news
Dollar Rebounds After Mild Setback Post Fed Rate Decision
The U.S. dollar slipped after the Federal Reserve announced its monetary policy on Wednesday, but regained lost ground and emerged above the flat line subsequently.
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Fed Raises Interest Rates, Says Future Rate Hikes Will Reflect Lags Of Policy Effects
The Federal Reserve on Wednesday announced its widely expected decision to raise interest rates by another 75 basis points. Citing efforts to achieve maximum employment and inflation at the rate of 2 percent over the longer run, the Fed announced its decision to raise the target range for the federal funds rate to 3.75 to 4 percent.
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Swiss Market Ends Modestly Higher
The Switzerland stock market ended higher on Wednesday, shrugging off a mild setback that pushed it briefly into the red around mid afternoon.
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European Stocks Close Broadly Lower Ahead Of Fed Policy Decision
European stocks closed lower on Wednesday with investors largely making cautious moves, digesting earnings and economic news, and looking ahead to the Federal Reserve's monetary policy announcement, due later in the day.
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Canadian Markets Turning In Mixed Performance In Cautious Trade
Canadian shares are turning in a mixed performance in cautious trade on Wednesday with investors looking ahead to the Federal Reserve's monetary policy announcement, due later in the day.
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U.S. Dollar Weakens As Investors Await Fed Announcement
The U.S. dollar lost ground against its most major counterparts in the European session on Wednesday, as investors focus on the Federal Reserve's monetary policy decision for any shift to a slower pace of tightening in the future.
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