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Soft Start Expected For Japan Stock Market
The Japanese stock market on Friday snapped the four-day winning streak in which it had rallied more than 750 points or 1.9 percent. The Nikkei 225 now sits just above the 39,470-point plateau and it may tick lower again on Monday.
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KOSPI May Crack Resistance At 2,500 Points On Monday
The South Korea stock market has moved higher in four straight sessions, improving more than 130 points or 5.5 percent along the way. The KOSPI now sits just above the 2,490-point plateau and it's expected to extend its gains again on Monday.
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China Data On Tap For Monday
China is scheduled to release a raft of data on Monday, headlining a busy day for Asia-Pacific economic activity. On tap are November numbers for industrial production, retail sales, fixed asset investment, house prices and unemployment.
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Australia Manufacturing PMI Slips To 48.2 In December - Judo Bank
The manufacturing sector in Australia continued to contract in December, and at a faster pace, the latest survey from Judo Bank revealed on Monday with a manufacturing PMI score of 48.2.
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Canadian Market Ends Weak For 2nd Straight Day, Sheds 1.6% In Week
The Canadian market closed weak on Friday, amid concerns about global economic growth and tariff hike threats by U.S. President-elect Donald Trump. Materials, communications and real estate stocks were the major losers.
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Dollar Turns In Mixed Performance Against Major Counterparts
The U.S. dollar suffered a setback in early New York session on Friday, and despite recovering from the lows, struggled to move any notably higher with investors awaiting the Federal Reserve's monetary policy announcement due next Wednesday.
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Swiss Market Ends Marginally Down After Lackluster Session
After swinging between gains and losses, Swiss stocks closed slightly down on Friday with a few counters seeing some strong selling in the final hour. Investors largely made stock specific moves, reacting to corporate news.
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Japanese Yen Lower Against Majors
The Japanese yen declined against its major counterparts on Friday amid a jump in U.S. stocks, as Broadcom's strong financial results and AI chip demand lifted investor sentiment for semiconductor stocks.
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European Stocks Close Slightly Lower After Cautious Session
European stocks closed lower on Friday, weighed down by disappointing economic data from the U.K. and Germany, the political uncertainty in France, and rate hike threats from U.S. President-elect Donald Trump. The mood remained cautious with investors awaiting the Federal Reserve's monetary policy announcement, next Wednesday.
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Canadian Market Extending Recent Losses, Set For Weekly Drop
The Canadian market is down firmly in negative territory on Friday, extending recent losses, amid concerns about the outlook for global economic growth, and on tariff hike threats by Donald Trump.
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U.S. Import Prices Unexpectedly Edge Higher In November
Import prices in the U.S. unexpectedly edged higher in the month of November, according to a report released by the Labor Department on Friday. The Labor Department said import prices crept up by 0.1 percent in November, matching the downwardly revised uptick in October. Economists had expected import prices to dip by 0.2 percent.
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U.S. Import Prices Unexpectedly Inch Up 0.1% In November
Import prices in the U.S. unexpectedly edged higher in the month of November, according to a report released by the Labor Department on Friday.
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Bay Street Seen Opening With Slightly Positive Bias
Canadian shares may open with a slightly positive bias Friday morning with energy stocks finding support from higher oil prices. Trading is likely to remain a bit lackluster due to trade war fears and caution ahead of next week's policy announcement from the Federal Reserve.
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