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Australian Market Significantly Lower
Extending the losses in the previous session, the Australian stock market is significantly lower on Friday, following the broadly negative cues from global markets overnight. The benchmark S&P/ASX 200 is falling to nearly the 6,900 level, dragged by weakness in iron ore miners and technology stocks.
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No Relief Yet For Hong Kong Stock Market
The Hong Kong stock market has moved lower in consecutive trading days, surrendering more than 475 points or 2.9 percent along the way. The Hang Seng Index now rests just beneath the 17,300-point plateau and it's looking at another soft start on Friday.
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Lower Open Anticipated For China Stock Market
The China stock market has moved lower in back-to-back sessions, sliding almost 80 points or 2.6 percent along the way. The Shanghai Composite Index now rests just above the 3,000-point plateau and it's expected to extend its losses again on Friday.
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Renewed Consolidation Expected For Taiwan Stock Market
The Taiwan stock market on Thursday ended the four-day losing streak in which it had stumbled more than 385 points or 2.4 percent. The Taiwan Stock Exchange now sits just above the 16,450-point plateau although it figures to head south again on Friday.
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Singapore Bourse Tipped To Extend Losing Streak
The Singapore stock market has tracked lower in two straight sessions, stumbling more than 70 points or 2.2 percent along the way. The Straits Times Index now sits just beneath the 3,100-point plateau and it's expected to open under pressure again on Friday.
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Japan Inflation Rises 3.0% On Year In September
Overall consumer prices in Japan were up 3.0 percent on year in September, the Ministry of Communications and Internal Affairs said on Friday.
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Malaysia Stock Market Tipped To Open In The Red
The Malaysia stock market on Thursday wrote a finish to the modest two-day winning streak in which it had gathered more than 7 points or 0.5 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,445-point plateau and the losses may accelerate on Friday.
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South Korea Bourse May Extend Thursday's Losses
The South Korea stock market on Thursday ended the two-day winning streak in which it had gained more than 25 points or 1 percent. The KOSPI now sits just above the 2,415-point plateau and it may take further damage on Friday.
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Japan Inflation Data Due On Friday
Japan will on Friday see September figures for nationwide consumer prices, highlighting a modest day for Asia-Pacific economic activity. In August, overall inflation was up 0.3 percent on month and 3.2 percent on year, while core CPI rose an annual 3.1 percent.
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New Zealand Has NZ$2.329 Billion Trade Deficit In September
New Zealand posted a merchandise trade deficit of NZ$2.329 billion in September, Statistics New Zealand said on Friday.
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TSX Closes At 2-week Low As Geopolitical Tensions, Rate Concerns Weigh
The Canadian market closed at a two-week low on Thursday, as stocks fell amid concerns about interest rates and geopolitical tensions.
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Dollar Exhibits Weakness Against Major Counterparts
The U.S. dollar turned in a weak performance on Thursday as the yield on U.S. 10-year Treasury note came off near 5% level.
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Swiss Market Ends Sharply Lower
Swiss stocks fell sharply on Thursday as growth worries, interest rate concerns and geopolitical tensions rendered the mood bearish.
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