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Berita Forex
Sensex, Nifty To Follow Global Peers Higher After Weak US Data
Indian shares look set to open higher on Monday amid improved global sentiment as weak U.S. data raised hopes that the Federal Reserve could start cutting interest rates soon.
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Indonesia Shares Expected To Open In The Green
The Indonesia stock market bounced higher again on Friday, one day after ending the two-day winning streak in which it had jumped almost 200 points or 2.9 percent. The Jakarta Composite Index now sits just above the 7,130-point plateau and it's got a solid lead for Monday's trade.
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Australian Market Notably Higher
The Australian stock market is currently trading notably higher on Monday, adding to the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving well above the 7,600.00 level, following the broadly positive cues from global markets on Friday, with gains across most sectors led by technology and financial stocks, partially offset by weakness in gold miners.
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Overbought Hang Seng Has Positive Lead For Monday's Trade
The Hong Kong stock market has moved higher in nine straight sessions, gathering more than 2,270 points or 13.3 percent along the way. The Hang Seng Index now sits just above the 18,475-point plateau and it's nonetheless tipped to open higher again on Monday.
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China Stock Market Tipped To Open To The Upside
Ahead of the long holiday weekend for Labor Day, the China stock market had snapped the four-day winning streak in which it had gathered almost 100 points or 3 percent. The Shanghai Composite Index now sits just above the 3,100-point plateau although it figures to rebound on Monday.
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Taiwan Shares May Extend Friday's Gains
The Taiwan stock market on Friday ended the two-day slide in which it had stumbled almost 275 points or 1.4 percent. The Taiwan Stock Exchange now sits just above the 20,330-point plateau and it may add to its winnings on Monday.
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Rebound Anticipated For Singapore Stock Market
The Singapore stock market on Friday snapped the three-day winning streak in which it had risen more than 15 points or 0.5 percent. The Straits Times Index now rests just above the 3,290-point plateau although it's expected to bounce higher again on Monday.
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Malaysia Bourse May Challenge Resistance At 1,600 Points
The Malaysia stock market has moved higher in two straight sessions, gathering almost 15 points or 0.9 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,590-point plateau and it may see continued strength on Monday.
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Indonesia GDP Data Due On Monday
Indonesia will on Monday release Q1 figures for gross domestic product, highlighting a light day for Asia-Pacific economic activity. In the previous three months, GDP was up 0.45 percent on quarter and 5.04 percent on year.
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TSX Ends On Firm Note
The Canadian market ended on a firm note on Friday on easing concerns about the outlook for Fed interest rates after data showed a slowdown in U.S. employment growth.
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Swiss Market Ends On Firm Note
The Switzerland market ended on a firm note on Friday, after staying positive right through the day's session thanks to some encouraging earnings updates, and easing worries about the outlook for interest rates.
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U.S. Dollar Lower As Soft Jobs Data Lifts Rate Cut Hopes
The U.S. dollar fell against its major counterparts in the New York session on Friday, as weaker-than-expected jobs data for April boosted hopes of a rate cut by the Federal Reserve in September.
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European Stocks Close Higher As Investors React To Earnings, Economic Data
European stocks closed higher on Friday, reacting to corporate earnings updates, regional economic data, and U.S. non-farm payroll data for the month of April.
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