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Berita Forex
Oversold Thai Bourse Called To Open Lower On Wednesday
The Thai stock market has finished lower in six straight sessions, slumping almost 60 points or 4 percent along the way. The Stock Exchange of Thailand now rests just above the 1,540-point plateau and it's tipped to open under pressure again on Wednesday.
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Australian Market Notably Lower
The Australian stock market is notably lower on Wednesday, extending the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling below the 7,300 mark, following the broadly negative cues from Wall Street overnight, dragged by iron ore miners amid a fall in iron ore prices.
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Indonesia Shares Tipped To Return To The Downside
Ahead of the lone break for Eid-ul-Fitr, the Indonesia stock market had moved higher in two pf three trading days since the end of the two-day slide in which it had fallen more than 25 points or 0.4 percent. The Jakarta Composite Index now rests just above the 6,820-point plateau although it's likely to open in the red on Wednesday.
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Hong Kong Shares Expected To Open In The Red
The Hong Kong stock market has finished lower in three straight sessions, slumping more than 770 points or 3.8 percent along the way. The Hang Seng Index now sits just beneath the 19,620-point plateau and it's looking at another soft start again on Wednesday.
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Soft Start Seen For Shanghai Stocks
The China stock market has tracked lower in five straight sessions, slumping more than 125 points or 3.8 percent along the way. The Shanghai Composite Index now sits just beneath the 3,265-point plateau and it's likely to open under pressure again on Wednesday.
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Tech Shares Figure To Weigh On Taiwan Stock Market
The Taiwan stock market headed south again on Tuesday, one day after ending the four-day losing streak in which it had retreated more than 360 points or 2.4 percent. The Taiwan Stock Exchange now rests just above the 15,370-point plateau and it may take further damage on Wednesday.
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Singapore Shares May See Further Damage On Wednesday
The Singapore stock market on Tuesday ended the modest two-day winning streak in which it had risen more than 10 points or 0.3 percent. The Straits Times Index now sits just beneath the 3,300-point plateau and the losses may accelerate on Wednesday.
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Renewed Selling Pressure Expected For Malaysia Shares
The Malaysia stock market on Tuesday ended the four-day losing streak in which it had dropped more than a dozen points or 0.9 percent. The Kuala Lumpur Composite Index now rests just above the 1,425-point plateau although it figures to head south again on Wednesday.
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Losing Streak May Continue For South Korea Stock Market
The South Korea stock market has finished lower in four straight sessions, sinking more than 85 points or 3.4 percent along the way. The KOSPI now rests just beneath the 2,490-point plateau and it's got another negative lead for Wednesday's trade.
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New Zealand Has NZ$1.273 Billion Trade Deficit In March
New Zealand posted a merchandise trade deficit of NZ$1.273 billion in March, Statistics New Zealand said on Wednesday.
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TSX Ends At 6-week Low As Stocks Fall On Growth Worries
The Canadian market ended sharply lower on Tuesday, dragged down by losses in energy, financials, industrials and technology stocks.
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Australia Inflation Data Due On Wednesday
Australia will on Wednesday release Q3 data for consumer prices, headlining a modest day for Asia-Pacific economic activity.
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Dollar Rises Against Major Rivals
The U.S. dollar climbed higher against its major rivals on Tuesday as concerns about banking sector woes and caution ahead of key earnings updates pushed up the demand for the safe-haven currency.
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