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Forex News
Indonesia Stock Market Expected To Open In The Red
The Indonesia stock market on Monday wrote a finish to the three-day winning streak in which it had picked up more than 70 points or 1.1 percent. The Jakarta Composite Index now rests just above the 6,870-point plateau and it's likely in store for more selling pressure.
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830 days ago
Australian Market Slightly Higher
The Australian stock market slightly higher on Tuesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 7,500 level, despite the broadly negative cues from global markets overnight, as traders remain cautious ahead of the Reserve Bank of Australia's rate decision later in the day. Energy and financial stocks are gaining.
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830 days ago
No Help Yet For Hong Kong Stock Market
The Hong Kong stock market has finished lower in three straight sessions, plunging more than 840 points or 3.8 percent along the way. The Hang Seng Index now sits just above the 21,220-point plateau and it's expected to open under pressure again on Tuesday.
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830 days ago
China Stock Market May Extend Losing Streak
The China stock market has finished lower in two straight sessions, retreating almost 50 points or 0.8 percent along the way. The Shanghai Composite Index now rests just beneath the 3,240-point plateau and it's tipped to see continued consolidation on Tuesday.
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830 days ago
Australia Trade Surplus A$12.237 Billion In December
Australia posted a seasonally adjusted merchandise trade surplus of A$12.237 billion in December, the Australian Bureau of Statistics said on Tuesday.
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830 days ago
Taiwan Bourse Tipped To Open Under Pressure On Tuesday
The Taiwan stock market on Monday wrote a finish to the three-day winning streak in which it had advanced more than 330 points or 2 percent. The Taiwan Stock Exchange now rests just beneath the 15,400-point plateau and it may take further damage on Tuesday.
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830 days ago
Rally May Stall For Singapore Stock Market
The Singapore stock market has finished higher in two straight sessions, gathering more than 20 points or 0.6 percent along the way. The Straits Times Index now rests just above the 3,385-point plateau although it's likely to run out of steam on Tuesday.
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830 days ago
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Japan Household Spending Sinks 1.3% On Year In December
The average of household spending in Japan was down 1.3 percent on year in December, the Ministry of Internal Affairs and Communications said on Tuesday.
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830 days ago
Win Streak May End For Malaysia Stock Market
Ahead of Monday's holiday for Thaipusam, the Malaysia stock market had moved higher in two straight sessions, collecting more than 5 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,490-point plateau although it may be stuck in neutral on Tuesday.
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830 days ago
South Korea Shares May Take Further Damage On Tuesday
The South Korea stock market on Monday ended the two-day winning streak in which it had jumped more than 50 points or 2.3 percent. The KOSPI now rests just beneath the 2,440-point plateau and it may see continued selling pressure on Tuesday.
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830 days ago
TSX Ends On Weak Note On Interest Rate Concerns
The Canadian market ended on a weak note on Monday after staying in the red right through the day's session.
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830 days ago
Australia Interest Rate Decision Due On Tuesday
The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBA is widely expected to hike its benchmark lending rate by 25 basis points, from 3.10 percent to 3.35 percent.
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830 days ago
Dollar Gains Against Major Counterparts On Interest Rate Bets
The U.S. dollar climbed higher against its major counterparts on Monday, amid rising possibility of the Federal Reserve holding interest rates higher for longer than previously expected after data showed jobs growth in the U.S. came in stronger than expected in the month of January.
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831 days ago
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