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Forex News
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as traders react to a report showing consumer sentiment in the U.S. deteriorated by much more than expected in February amid a surge by year-ahead inflation expectations. Asian markets closed mixed on Friday.
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108 days ago
Australian Market Turns Green In Mid-market Trades
The Australian stock market is moving in to the green in mid-market trading on Monday after opening deep in the red, snapping a five-session losing streak, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving a tad above the 8,300.00 level, with strong gains in financial stocks nearly offset by weakness in gold miners and technology stocks.
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108 days ago
Sensex, Nifty Set To Drift Lower On US Economic Slowdown Worries
Indian shares look set to open on a sluggish note Monday after U.S. markets crashed on Friday amid economic slowdown worries.
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108 days ago
Lower Open Anticipated For Thai Stock Market
The Thai stock market inched higher again on Friday, one day after ending the two-day winning streak in which it had risen just over 5 points or 0.4 percent. The Stock Exchange of Thailand now sits just above the 1,245-point plateau although it's likely to open in the red on Monday.
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108 days ago
Indonesia Stock Market May Hand Back Friday's Gains
The Indonesia stock market on Friday snapped the two-day losing streak in which it had given up more than 85 points or 1.2 percent. The Jakarta Composite Index now sits just above the 6,800-point plateau, although it's likely to head south again on Monday.
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108 days ago
Australian Market Notably Lower
The Australian stock market is trading notably lower on Monday, extending the losses in the previous five sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 8,300.00 level, with weakness across most of the sectors led by energy and technology stocks.
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108 days ago
Hong Kong Stock Market May Open Under Pressure On Monday
The Hong Kong stock market on Friday emphatically halted the two-day slide in which it had dropped almost 470 points or 2.1 percent. The Hang Seng Index now sits just above the 23,475-point plateau although it's likely to see a downward correction on Monday.
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108 days ago
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Soft Start Expected For China Stock Market
The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had advanced more than 20 points or 0.6 percent. The Shanghai Composite Index now rests just beneath the 3,380-point plateau although it's expected to turn lower again on Monday.
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108 days ago
Renewed Consolidation Likely For Taiwan Shares
The Taiwan stock market on Friday snapped the two-day losing streak in which it had dropped almost 180 points or 0.8 percent. The Taiwan Stock Exchange now rests just above the 23,730-point plateau although it figures to hand back those gains on Monday.
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108 days ago
Singapore Shares Likely To Remain Rangebound
The Singapore stock market moved higher again on Friday, one day after snapping the three-day winning streak in which it had risen almost 60 points or 1.4 percent. The Straits Times Index now sits just beneath the 3,930-point plateau although it's likely looking at a soft start on Monday.
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108 days ago
Malaysia Bourse Likely To Open To The Downside On Monday
The Malaysia stock market on Friday wrote a finish to the two-day losing streak in which it had slipped more than 7 points or 0.4 percent. The Kuala Lumpur Composite Index now sits just above the 1,590-point plateau although it's likely to open under pressure again on Monday.
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108 days ago
New Zealand Q4 Retail Sales Volume Climbs 0.9%
The total volume of overall retail sales in New Zealand was up a seasonally adjusted 0.9 percent on quarter in the fourth quarter of 2024, Statistics New Zealand said on Monday.
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108 days ago
South Korea Shares May Head South Again On Monday
The South Korea stock market inches higher again on Friday, one day after halting the seven-day winning streak in which it had rallied almost 150 points or 5.7 percent. The KOSPI now sits just above the 2,650-point plateau although it figures to face renewed selling pressure on Monday.
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108 days ago
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