Berita Forex

Indonesia Stock Market Has Flat Lead For Tuesday's Trade

The Indonesia stock market has moved higher in three straight sessions, gathering almost 140 points or 2.1 percent along the way. The Jakarta Composite Index now sits just beneath the 6,880-point plateau and it's likely to be rangebound on Tuesday.

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Hong Kong Shares May Open Under Mild Pressure On Tuesday

The Hong Kong stock market has moved higher in three straight sessions, accelerating more than 950 points or 5.5 percent along the way. The Hang Seng Index now rests just above the 17,960-point plateau although it may spin its wheels on Tuesday. The global forecast for the Asian markets is mixed and fairly flat, with many of the regional bourses due for profit taking after big recent gains. The European markets were slightly lower and the U.S. bourses were slightly higher and the Asian markets figure to split the difference.

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Japan Household Spending Climbs 0.3% In September

The average of household spending in Japan was up 0.3 percent on month in September, the Ministry of Internal Affairs and Communications said on Tuesday - coming in at 282,969 yen.

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China Stock Market Likely Rangebound On Tuesday

The China stock market has moved higher in back-to-back sessions, improving almost 50 points or 1.7 percent along the way. The Shanghai Composite Index now rests just beneath the 3,060-point plateau and it's expected to see little movement on Tuesday.

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Taiwan Stock Market Due For Consolidation On Tuesday

The Taiwan stock market has moved higher in four straight sessions, accelerating almost 650 points or 4.3 percent along the way. The Taiwan Stock Exchange now sits just beneath the 16,650-point plateau although it's likely to see some profit taking on Tuesday.

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Singapore Shares Due For Profit Taking On Tuesday

The Singapore stock market has moved higher in six straight sessions, collecting more than 115 points or 4 percent along the way. The Straits Times Index now sits just above the 3,180-point plateau although it may run out of steam on Tuesday.

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Little Movement Expected For Malaysia Bourse

The Malaysia stock market has moved higher in three straight sessions, collecting almost 30 points or 2 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,465-point plateau although the rally may stall on Tuesday.

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Rally May Stall For South Korea Stock Market

The South Korea stock market has moved higher in four straight sessions, gathering more than 230 points or 9.4 percent along the way. The KOSPI now sits just above the 2,500-point plateau although investors figure to cash in on Tuesday. The global forecast for the Asian markets is mixed and fairly flat, with many of the regional bourses due for profit taking after big recent gains. The European markets were slightly lower and the U.S. bourses were slightly higher and the Asian markets figure to split the difference.

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Australia Rate Decision On Tap For Tuesday

The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBA is expected to hike its benchmark lending rate by 25 basis points, to 4,35 percent from 4.10 percent.

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