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RBA Minutes: Inflation Continues To Decline But Is Still Too High
Members of the Reserve Bank of Australia's Monetary Policy Board said that consumer prices in the country are continuing to fall, minutes from the central bank's Dec. 5 meeting showed on Tuesday - but they remain too high.
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Rebound Anticipated For Taiwan Stock Market
The Taiwan stock market on Monday halted the six-day winning streak in which it had climbed almost 210 points or 1.2 percent. The Taiwan Stock Exchange now sits just above the 17,650-point plateau although it's expected to bounce higher again on Tuesday.
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Singapore Bourse Expected To End Losing Streak
The Singapore stock market has finished lower in back-to-back sessions, sinking almost 10 points or 0.3 percent along the way. The Straits Times Index now sits just beneath the 3,115-point plateau although it may find traction on Tuesday.
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Malaysia Stock Market Poised To Extend Winning Streak
The Malaysia stock market has moved higher in six straight sessions, gathering almost 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,465-point plateau and it may add to its winnings again on Tuesday.
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Tech Shares May Boost South Korea Stock Market
The South Korea stock market has moved higher in three straight sessions, collecting almost 55 points or 2.1 percent along the way. The KOSPI now sits just above the 2,565-point plateau and it's tipped to open in the green again on Tuesday.
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RBA Minutes On Tap For Tuesday
The Reserve Bank of Australia will on Tuesday release the minutes from its December 5 meeting, highlighting a light day for Asia-Pacific economic activity.
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TSX Ends On Firm Note
Energy and consumer discretionary stocks turned in a fine performance on Bay Street on Monday, and lifted the Canadian benchmark S&P/TSX Composite Index to a firm close.
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New Zealand Has NZ$1.234 Billion Trade Deficit
New Zealand posted a seasonally adjusted merchandise trade deficit of NZ$1.234 billion in November, Statistics New Zealand said on Tuesday.
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U.S. Dollar Turns In Mixed Performance Against Major Counterparts
The U.S. dollar was largely subdued on Monday with traders assessing recent comments from Fed officials and awaiting fresh data for clarity about interest rates.
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Swiss Market Ends On Weak Note
After a weak start, the Switzerland market briefly moved into positive territory around late morning on Monday, but retreated soon, and ended the day's session on a negative note despite another attempt to edge higher past mid afternoon.
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European Stocks Close Mostly Lower
European stocks closed mostly lower on Monday with investors trying to assess the possible interest rate moves by major central banks, and awaiting crucial inflation data for directional clues.
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Canadian Market Modestly Higher; Energy Stocks Post Strong Gains
The Canadian market is modestly higher in late morning trades on Monday, led by gains in energy and consumer discretionary sectors. Shares from the rest of the sectors are turning in a mixed performance.
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Euro Higher Amid ECB Comments
The euro appreciated against its major counterparts in the New York session on Monday, as European Central Bank Governing Council member Bostjan Vasle said that market expectations for imminent interest rate cuts are premature.
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