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No Help Yet For Taiwan Stock Market
The Taiwan stock market has tracked lower in four straight sessions, slumping almost 350 points or 1.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 20,450-point plateau and it's looking at another soft start again on Tuesday.
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Singapore Stock Market Expected To Open Under Pressure On Tuesday
The Singapore stock market has moved lower in three straight sessions, slipping more than 50 points or 1.7 percent along the way. The Straits Times Index now rests just above the 3,180-point plateau and it may take further damage again on Tuesday.
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Malaysia Bourse Tipped To Extend Losing Streak
The Malaysia stock market has finished lower in three straight sessions, sinking almost 20 points or 1.2 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it figures to see continued consolidation again on Tuesday.
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South Korea Export Prices Rise 0.4% On Month, 2.6% On Year In March
Export prices in South Korea were up 0.4 percent on month, the Bank of Korea said in Tuesday's preliminary report - slowing from 1.6 percent in February.
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Soft Start Anticipated For South Korea Stock Market
The South Korea stock market has moved lower in two straight sessions, slumping more than 35 points or 1.3 percent along the way. The KOSPI now sits just above the 2,670-point plateau and it's expected to open in the red again on Tuesday.
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China Data On Tap For Tuesday
China is scheduled to release a batch of data on Tuesday, headlining the day's economic activity. On tap are Q1 figures for gross domestic product, as well as March numbers for industrial production, retail sales, fixed asset investment, unemployment and house prices.
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TSX Extends Losses To 4th Straight Day, Ends Moderately Lower
Despite a slightly positive start and a subsequent modest upmove, the Canadian market ended moderately lower on Monday, weighed down by losses in energy, real estate and technology stocks.
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Dollar Gains Against Major Counterparts On Strong Retail Sales Data
The U.S. dollar gained against its major counterparts on Monday, as data showed a bigger than expected increase in the nation's retail sales in the month of March.
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Swiss Market Ends Marginally Up
The Switzerland market ended marginally up on Monday, giving up most of its gains in the final hour of the day's session, as the mood turned a bit cautious amid a lack of significant triggers.
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European Stocks Close On Mixed Note
European stocks pared most of their early gains and ended on a mixed note on Monday amid concerns about rising tensions in the Middle East. A batch of encouraging economic data from the region aided sentiment early on in the session.
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U.S. Dollar Appreciates After Strong Retail Sales Data
The U.S. dollar was higher against its major counterparts in the New York session on Monday, as the nation's retail sales increased much more than expected in the month of March.
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U.S. Business Inventories Rise Slightly More Than Expected In February
Business inventories in the U.S. increased by slightly more than expected in the month of February, according to a report released by the Commerce Department on Monday. The Commerce Department said business inventories climbed by 0.4 percent in February after coming in unchanged in January. Economists had expected business inventories to rise by 0.3 percent.
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U.S. Homebuilder Confidence Remains Unchanged In April
Homebuilder confidence in the U.S. came in flat in the month of April, the National Association of Home Builders revealed in a report released on Monday. The report said the NAHB/Wells Fargo Housing Market Index came in at 51 in April, unchanged from March and in line with economist estimates.
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