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Forex News
Steady Start Eyed For Singapore Stock Market
The Singapore stock market on Tuesday snapped the three-day losing streak in which it had advanced almost 60 points or 1.7 percent. The Straits Times Index now sits just above the 3,860-point plateau and it's likely to tick higher again on Wednesday.
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103 days ago
TSX Ends Marginally Down
After a weak start and a subsequent sharp drop, the Canadian market briefly emerged into positive territory by noon on Tuesday, but retreated a bit and stayed sluggish thereafter and eventually settled marginally down.
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103 days ago
Rebound Anticipated For Malaysia Stock Market
Ahead of Tuesday's holiday for Thaipusam, the Malaysia stock market had ended the four-day winning streak in which it had advanced more than 35 points or 2.3 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,590-point plateau although it may bounce higher again on Wednesday.
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103 days ago
Japan Stock Market May Return To The Upside
Ahead of Tuesday's holiday for National Foundation Day, the Japanese stock market had bounced higher again - one session after ending the three-day winning streak in which it had climbed almost 550 points or 1.4 percent. The Nikkei 225 now sits just above the 38,780-point plateau and it may add to its winnings on Wednesday.
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103 days ago
Little Movement Expected For South Korea Shares
The South Korea stock market on Tuesday ended the two-day slide in which it had slipped more than 15 points or 0.6 percent. The KOSPI now rests just beneath the 2,540-point plateau and it figures to remain in that neighborhood again on Wednesday.
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103 days ago
Australia Home Loan Data Due On Wednesday
Australia will on Wednesday release December data for home loans, highlighting a light day for Asia-Pacific economic activity. In November, home loans were up 0.1 percent on month and investment lending slipped 1.0 percent.
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103 days ago
Swiss Market Settle Moderately Lower
The Switzerland market ended moderately higher on Tuesday, in line with markets across Europe, despite the U.S. clamping fresh tariffs on steel and aluminum imports.
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103 days ago
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European Stocks Close Higher Despite Trump's Fresh Tariffs
European stocks closed higher on Tuesday, and several major markets recorded fresh record highs or multi-month highs, as investors continued to focus on earnings and other corporate news.
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103 days ago
U.S. Dollar Lower Against Euro, Pound
The U.S. dollar dropped against the euro and the pound in the New York session on Tuesday, as investors assessed the potential impact of new tariffs imposed by the Trump administration on steel and aluminum imports.
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103 days ago
Powell Reiterates Fed Doesn't 'Need To Be In A Hurry' To Lower Interest Rates
Federal Reserve Chair Jerome Powell delivered his semiannual monetary policy testimony before the Senate Banking Committee on Tuesday, reiterating his belief that the central bank does "not need to be in a hurry" to adjust its policy stance.
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103 days ago
BP Slips To RC Loss In Q4, Warns On Weak Production; Plans To Reset Strategy
British energy major BP Plc. reported Tuesday a replacement cost or RC loss in its fourth quarter, compared to prior year's profit, amid weak revenues. The company also warned on sequentially lower upstream production in its first quarter, and weak production in fiscal 2025.
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103 days ago
BoE's Mann Says Loosening Labor Market Will Restrain Price & Wage Growth
A further loosening of the UK labor market will restrain the growth in wages and prevent second-round effects from setting in, even if the near-term inflation expectations increase, Bank of England policymaker Catherine Mann said Tuesday. In a speech, Mann said the current and likely continued weak demand conditions will lead to a further loosening of the labor market.
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103 days ago
Bay Street Likely To Open On Flat To Negative Note
Canadian shares are likely to open on a flat to negative note Tuesday morning with investors assessing the potential impact of new tariffs imposed by the Trump administration on steel and aluminum imports.
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103 days ago
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