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Taiwan Stock Market Expected To Open In The Green
The Taiwan stock market has moved higher in four straight sessions, collecting more than 200 points or 1.2 percent along the way. The Taiwan Stock Exchange now sits just beneath the 17,440-point plateau and it may see mild upside again on Monday.
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607 days ago
Singapore Bourse May Reclaim 3,100-Point Level
The Singapore stock market has moved higher in two of three trading days since the end of the four-day losing streak in which it had slumped almost 50 points or 1.6 percent. The Straits Times Index now sits just above the 3,090-point plateau and it may extend Friday's gains.
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607 days ago
Japan Monetary Base Jumps 8.9% On Year In November
The monetary base in Japan was up 8.9 percent on year in November, the Bank of Japan said on Monday - coming in at 671.532 trillion yen.
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607 days ago
Malaysia Bourse Tipped To Extend Winning Streak
The Malaysia stock market has moved higher in back-to-back sessions, collecting more than 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,455-point plateau and it may add to its winnings on Monday.
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607 days ago
Renewed Support Anticipated For South Korea Shares
The South Korea stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day losing streak in which it had slipped almost 20 points or 0.8 percent. The KOSPI now sits just above the 2,500-point plateau although it's predicted to rebound on Monday.
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607 days ago
New Zealand Terms Of Trade Slips 0.6% In Q3
The terms of trade in New Zealand fell a seasonally adjusted 0.6 percent on quarter in the third quarter of 2023, Statistics New Zealand said on Monday - after adding a downwardly revised 0.3 percent in the three months prior (originally 0.4 percent).
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607 days ago
Australia Data On Tap For Monday
Australia is scheduled to see a batch of data on Monday, highlighting an otherwise light day for Asia-Pacific activity. On tap are Q3 numbers for business inventories and company gross operating profits, as well as October figures for home loans and retail sales.
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607 days ago
more news
TSX Ends On Strong Note On Optimism About Interest Rates
The Canadian market ended on a buoyant note on Friday with investors picking up stocks amid rising optimism the Federal Reserve is done with interest rate hikes.
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609 days ago
Powell's Dovish Comments Pull Down U.S. Dollar
The U.S. dollar fell against its major counterparts in the New York session on Friday, as the nation's manufacturing activity contracted for the thirteenth consecutive month in November and Federal Reserve Chair Jerome Powell's comments boosted hopes that interest rates have peaked.
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609 days ago
Swiss Market Ends Modestly Higher
Data showing an improvement in the nation's GDP growth in the third quarter contributed to the positive mood in the Swiss market on Friday.
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609 days ago
European Stocks Close On Bright Note On Encouraging Economic Data
European stocks closed on a bright note on Friday, buoyed by easing inflation in the U.S. and Eurozone, encouraging manufacturing data from the Eurozone and the U.S., and better-than-expected manufacturing activity report from China.
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609 days ago
Canadian Stocks Recover After Weak Start, Moderately Higher At Noon
Canadian market is up firmly in positive territory at noon on Friday with investors digesting the data showing a notable increase in employment in November, and reacting positively to earnings updates from Bank of Montreal and National Bank of Canada.
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609 days ago
Fed Chair Jerome Powell Calls Rate Cut Speculation 'Premature'
While forecasts suggest the U.S. central bank could start cutting interest rates as soon as March, Federal Reserve Chair Jerome Powell called such speculation "premature" during remarks on Friday. Powell acknowledged recent signs of slowing price growth but said the Fed is committed to keeping monetary policy restrictive until officials are confident inflation is on a path to 2 percent.
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609 days ago
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