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Forex News
Malaysia Shares May Take Further Damage On Wednesday
The Malaysia stock market headed south again on Tuesday, one day after snapping the two-day slide in which it had dipped almost 8 points or 0.6 percent. The Kuala Lumpur Composite Index now rests just above the 1,445-point plateau and it may extend its losses on Wednesday.
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939 days ago
South Korea Inflation Jumps 5.7% On Year In October
Overall consumer prices in South Korea were up 5.7 percent on year in October, Statistics Korea said on Wednesday.
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939 days ago
South Korea Stock Market Due For Consolidation
The South Korea stock market has finished higher in two straight sessions, advancing almost 70 points or 3.2 percent along the way. The KOSPI now rests just above the 2,335-point plateau although investors may lock in gains on Wednesday.
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939 days ago
New Zealand Unemployment Rate Rises To 3.3% In Q3
The jobless rate in New Zealand came in at a seasonally adjusted 3.3 percent in the third quarter of 2022, Statistics New Zealand said on Wednesday - unchanged from the previous quarter, but missing expectations for 3.2 percent.
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939 days ago
New Zealand Unemployment Data Due On Wednesday
New Zealand will on Wednesday release unemployment data for the third quarter of 2022, highlighting a modest day for Asia-Pacific economic activity.
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939 days ago
TSX Ends On Firm Note
Despite giving up a substantial portion of its early gains, the Canadian market ended on a fairly firm note on Tuesday, thanks largely to sustained buying at several counters in materials and energy sectors.
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939 days ago
Dollar Turns Weak Against Peers Ahead Of Fed Policy
After staying weak during the Asian and European sessions, the U.S. dollar recovered some lost ground on Tuesday, but moved in a tight band around the flat line as traders stayed cautious, looking ahead to the Federal Reserve's monetary policy announcement.
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939 days ago
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U.S. Stocks Fail To Hold Early Gains, Close Weak Ahead Of Fed Policy
U.S. stocks fell into the red after a positive start on Tuesday, and then stayed weak right till the end of the day's trading session to close on a negative note.
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939 days ago
Swiss Market Ends Lower On Weak Data
The Switzerland stock market ended on a weak note on Tuesday, hurt by dissapointing consumer confidence data.
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939 days ago
European Stocks Close Higher As Markets Look Ahead To Policy Moves By Fed, BoE
European stocks closed higher on Tuesday after staying positive right through the day's trading session, as investors digested the latest batch of earnings updates and economic data from the region, and looked ahead to the Federal Reserve and the Bank of England's policy announcements, due on Wednesday and Thursday, respectively.
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939 days ago
Canadian Market Up Firmly In Positive Territory; Energy, Materials Shares Rise
After opening with a strong positive gap, the Canadian market climbed further up Tuesday morning, and remains firmly placed well above the flat line despite paring some of its early gains.
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939 days ago
U.S. Construction Spending Unexpectedly Inches Higher In September
Construction spending in the U.S. unexpectedly showed a modest increase in the month of October, according to a report released by the Commerce Department on Tuesday. The report said construction spending inched up by 0.2 percent to an annual rate of $1.811 trillion in September after falling by 0.6 percent to a revised rate of $1.807 trillion in August.
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939 days ago
U.S. Manufacturing Index Indicates Modest Growth In October
A report released by the Institute for Supply Management on Tuesday showed a slight increase in U.S. manufacturing activity in the month of October. The ISM said its manufacturing PMI edged down to 50.2 in October from 50.9 in September, but a reading above 50 still indicates growth in the sector. Economists had expected the index to dip to 50.0.
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939 days ago
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