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Higher Open Anticipated For Taiwan Stock Market
The Taiwan stock market has moved higher in three straight sessions, accelerating more than 500 points or 3.2 percent along the way. The Taiwan Stock Exchange now sits just above the 16,500-point plateau and it's looking at another strong start on Monday.
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BoJ Minutes: Japan Economy Expected To Continue Recovery
Members of the Bank of Japan's Monetary Policy Board said that the country's economy is on an upward trend which is likely to continue, minutes from the central bank's Sept. 21-22 monetary policy meeting revealed on Monday.
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Overbought Singapore Stock Market Called Higher Again On Monday
The Singapore stock market has moved higher in five straight sessions, collecting more than 80 points or 2.7 percent along the way. The Straits Times Index now sits just above the 3,130-point plateau and it's got a positive lead again for Monday's trade.
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Malaysia Bourse May Add To Its Winnings On Monday
The Malaysia stock market has moved higher in back-to-back sessions, collecting almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,450-point plateau and it's tipped to see additional support on Monday.
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Win Streak May Continue For South Korea Shares
The South Korea stock market has moved higher in three straight sessions, gathering more than 90 points or 3.8 percent along the way. The KOSPI now sits just beneath the 2,370-point plateau and it's expected to add to its winnings again on Monday.
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BoJ Minutes Due On Monday
The Bank of Japan will on Monday release the minutes from its Sept. 21 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.
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U.S. Dollar Moves Sharply Lower Following Jobs Data
The value of the U.S. dollar has shown a significant move to the downside during trading on Friday, extending the sharp pullback seen on Thursday. The U.S. dollar index has tumbled 1.03 points or 1.0 percent or 105.09, falling to its lowest levels in well over a month.
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more news
Softer-than-expected Nonfarm Payrolls Data Pulls Down U.S. Dollar
The U.S. dollar fell against its major counterparts in the New York session on Friday, as a weaker-than-expected nonfarm payrolls data for October bolstered hopes of a halt to monetary tightening by the Federal Reserve.
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U.S. Service Sector Growth Slows More Than Expected In October
A report released by the Institute for Supply Management on Friday showed a bigger than expected slowdown in the pace of growth in U.S. service sector activity in the month of October. The ISM said its services PMI fell to 51.8 in October from 53.6 in September, although a reading above 50 still indicates growth. Economists had expected the index to edge down to 53.0.
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U.S. Job Growth Falls Short Of Estimates In October
After reporting much stronger than expected job growth in the previous month, the Labor Department released a report on Friday showing U.S. employment rose by less than expected in the month of October. The closely watched report said employment climbed by 150,000 jobs in October after jumping by a revised 297,000 jobs in September. Economists had expected employment to increase by 180,000 jobs.
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Tobacco, E-Cigarette Use Among High School Students Drop: FDA, CDC
Overall tobacco product use among U.S. high school students declined in 2023, primarily attributable to reduced e-cigarette use, the U.S. Food and Drug Administration and the Centers for Disease Control and Prevention or CDC said, citing the 2023 National Youth Tobacco Survey or NYTS. Meanwhile, there was an increase in current overall tobacco product use and multiple tobacco product use...
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U.S. Employment Climbs Less Than Expected In October
After reporting much stronger than expected job growth in the previous month, the Labor Department released a report on Friday showing U.S. employment rose by less than expected in the month of October.
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Bay Street Likely To Open On Subdued Note; Canadian, U.S. Jobs Data In Focus
Although slightly sluggish Canadian and U.S. futures, and subdued European stocks point to a muted start on Bay Street Friday morning, Canadian and U.S. jobs data hold the key for the market's direction.
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