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Forex News
Asian Markets Mixed In Cautious Trades
Asian stock markets is trading mixed on Monday, following the mixed cues from Wall Street on Friday, as traders remain cautious and restrained from making any significant moves after upbeat US data raised fears the US Fed will hold interest rates higher for longer to control inflation. Traders also picked up stocks at a bargain after the recent slump in the markets.
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644 days ago
Japanese Market Notably Lower
The Japanese stock market is notably lower on Monday, recouping the losses in the previous three sessions, with the Nikkei 225 moving above the 31,600 level, following the mixed cues from Wall Street on Friday, as traders picked up stocks at a bargain after the recent weakness in the market.
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644 days ago
Thai Shares May Tick Higher On Monday
The Thai stock market headed south again on Friday, one session after snapping the two-day slide in which it had fallen more than 15 points or 1 percent. The Stock Exchange of Thailand now sits just beneath the 1,520-point plateau and it's likely to remain in that neighborhood again on Monday.
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644 days ago
Indonesia Shares May Stop The Bleeding On Monday
The Indonesia stock market has finished lower in two straight sessions, sinking more than 55 points or 0.8 percent along the way. The Jakarta Composite Index now sits just beneath the 6,860-point plateau although it may find traction on Monday.
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644 days ago
Australian Market Modestly Lower
The Australian stock market is modestly lower on Monday, giving up the slight gains in the previous session, with the benchmark S&P/ASX 200 staying above the 7,100 level, following the mixed cues from Wall Street on Friday, weighed down by weakness across most sectors, led by technology and financial stocks.
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644 days ago
Bargain Hunting Likely To Lift Hong Kong Shares
The Hong Kong stock market has finished lower in six straight sessions, retreating almost 1,300 points or 6.8 percent in that span. The Hang Seng Index now sits just above the 17,950-point plateau although it's overdue for support on Monday.
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644 days ago
China Stock Market May Be Stuck In Neutral On Monday
The China stock market turned lower again on Friday, one day after halting the four-day losing streak in which it had stumbled almost 100 points or 3.1 percent. The Shanghai Composite Index now sits just above the 3,130-point plateau although it may inch higher again on Monday.
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644 days ago
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Flat Lead Called For Taiwan Stock Market
The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the five-day losing streak in which it had plunged more than 740 points or 4.5 percent. The Taiwan Stock Exchange now rests just above the 16,380-point plateau and it's likely to remain rangebound again on Monday.
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644 days ago
Singapore Stock Market Due For Support On Monday
The Singapore stock market has moved lower in six straight sessions, sinking almost 150 points or 4.7 percent along the way. The Straits Times Index now rests just beneath the 3,175-point plateau although it's looking at a steady start on Monday.
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644 days ago
Little Movement Seen For Malaysia Stock Market
The Malaysia stock market has moved lower in back-to-back sessions, sinking almost 20 points or 1.2 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,450-point plateau and it may be stuck in neutral again on Monday.
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644 days ago
New Zealand July Trade Deficit NZ$1.107 Billion
New Zealand posted a merchandise trade deficit of NZ$1.107 billion in July, Statistics New Zealand said on Monday.
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644 days ago
KOSPI: Support Predicted At 2.500 Points
The South Korea stock market has moved lower in six straight sessions, slumping almost 100 points or 4 percent along the way. The KOSPI now rests just above the 2,500-point plateau although it's due for support on Monday.
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644 days ago
New Zealand Trade Data Due On Monday
New Zealand will on Monday release July figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity. In June, imports were worth NZ$6.30 billion and exports were at NZ$6.31 billion for a trade surplus of NZ$9 million.
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644 days ago
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