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No Help Yet For Taiwan Stock Market
The Taiwan stock market has moved lower in four straight sessions, tumbling more than 530 points or 3.2 percent along the way. The Taiwan Stock Exchange now rests just above the 16,600-point plateau and it may take further damage again on Monday.
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Singapore Bourse Tipped To Open In The Red
The Singapore stock market on Friday wrote a finish to the three-day winning streak in which it had collected more than 30 points or 0.9 percent. The Straits Times Index now rests just beneath the 3,300-point plateau and it's likely to open under pressure again on Monday.
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Malaysia Stock Market May Take Further Damage On Monday
The Malaysia stock market has moved lower in two straight sessions, dipping almost 5 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,455-point plateau and it may see continued consolidation again on Monday.
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South Korea Bourse May Extend Losing Streak
The South Korea stock market has moved lower in back-to-back sessions, slipping almost 15 points or 0.6 percent along the way. The KOSPI now rests just above the 2,590-point plateau and it may tick lower again on Monday.
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New Zealand Services Index Tumbles To 47.8 In July - BusinessNZ
The services sector continued to contract in July, and at a faster pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 47.8.
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New Zealand Services Index Data Due On Monday
New Zealand will on Monday see July results for the Performance of Services Index from BusinessNZ, highlighting a light day for Asia-Pacific economic activity. In June, the index score was 50.1.
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TSX Ends Marginally Up
The Canadian market ended modestly higher on Friday, led by gains in healthcare, materials, energy and communications shares.
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more news
Dollar Rises After PPI Data
The U.S. dollar firmed against its major counterparts on Friday after data showed a slightly bigger than expected increase in the nation's producer prices in the month of July, triggering speculation the Federal Reserve will likely keep interest rates higher for longer duration.
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Canadian Stocks Turning In Mixed Performance
Canadian shares are turning in a mixed performance Friday afternoon and look headed for a somewhat mute close.
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Swiss Market Ends On Weak Note
The Switzerland market opened weak on Friday, and after briefly edging up into positive territory subsequently, retreated and spent the rest of the day's session in the red amid concerns about U.S. interest rates.
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European Stocks Close Lower As Hot U.S. PPI Data Raises Interest Rate Concerns
European stocks closed weak on Friday after data showing hotter than expected U.S. producer price inflation in the month of July triggering speculation the Federal Reserve will likely keep interest rates higher for longer duration.
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U.S. Dollar Rises As Producer Prices Increase More Than Expected
The U.S. dollar rebounded against its most major counterparts in the New York session on Friday, as the nation's producer prices climbed slightly more than expected in July, prompting the Federal Reserve to maintain a tighter monetary policy for longer.
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U.S. Consumer Sentiment Pulls Back Slightly In August
After reporting a surge in U.S. consumer sentiment in the previous month, the University of Michigan released preliminary data on Friday showing a slight pullback in consumer sentiment in the month of August.
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