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Berita Forex
Malaysia Shares May Find Traction On Monday
The Malaysia stock market has finished lower in two straight sessions, sinking more than 20 points or 1.3 percent along the way. The Kuala Lumpur Composite Index new rests just above the 1,490-point plateau although it may stop the bleeding on Monday.
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South Korea Stock Market May Halt Slide On Monday
The South Korea stock market has tracked lower in back-to-back sessions, slipping more than 60 points or 2.5 percent along the way. The KOSPI now rests just beneath the 2,410-point plateau although it may find support on Monday.
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Australia Retail Sales Data Due On Monday
Australia will on Monday release July data for retail sales, highlighting a busy day for Asia-Pacific economic activity. Sales are predicted to rise 1.3 percent on month, accelerating from 0.2 percent in June.
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Pilot In Custody After Threatening To Crash Plane Into Walmart Store In Mississippi
A pilot, who threatened to crash a plane into a Walmart store in Mississippi's Tupelo in U.S., landed safely after it ran out of fuel. It remains unclear what was behind the pilot's motive, but he has been taken into custody by authorities.
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TSX Snaps 4-day Losing Streak, Ends On Firm Note
The Canadian market ended on a firm note on Friday despite giving up a substantial portion of its gains.
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Dollar Turns Weak After Jobs Data
The U.S. dollar turned weak on Friday amid easing worries about an aggressive rate hike by the Fed later this month after data showed a moderation in the pace of U.S. job growth and an uptick in unemployment rate in August.
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Swiss Market Ends On Upbeat Note
The Switzerland stock market closed on an upbeat note on Friday, in line with markets across the globe amid slightly easing concerns about monetary tightening after data showed an increase in U.S. unemployment rate.
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European Stocks Close On Bright Note Amid Easing Worries About Rate Hikes
European stocks closed on a strong note, snapping a long losing streak, after data showing an uptick in U.S. unemployment rate helped ease concerns about aggressive monetary tightening by the Federal Reserve.
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Dollar Drops As U.S. Job Growth Moderates
The U.S. dollar fell against its major counterparts in the European session on Friday, as a moderation in the pace of U.S. job growth and a spike in the unemployment rate in August helped ease inflation worries and trimmed expectations of a 75 basis point hike from the Federal Reserve at its meeting later this month.
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Canadian Shares Up Sharply At Noon On Widespread Buying
The Canadian market is up firmly in positive territory around noon on Friday, with stocks from across several sectors rising sharply from recent losses.
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U.S. Factory Orders Unexpectedly Show Sharp Pullback In July
A report released by the Commerce Department on Friday unexpectedly showed a sharp pullback in new orders for U.S. manufactured goods in the month of July. The Commerce Department said factory orders slumped by 1.0 percent in July after surging by a revised 1.8 percent in June.
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U.S. Employment Climbs By 315,000 Jobs In August, Roughly In Line Estimates
Employment in the U.S. increased roughly in line with economist estimates in the month of August, according to a closely watched report released by the Labor Department on Friday. The report showed non-farm payroll employment rose by 315,000 jobs in August after surging by a revised 526,000 jobs in July.
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Eurozone Producer Price Inflation At New Record High
Eurozone producer price inflation accelerated unexpectedly to a fresh record high in July on soaring energy prices, data released by Eurostat showed on Friday, adding pressure on the European Central Bank to act forcefully against runaway inflation when policymakers meet next week.
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