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Forex News
Win Streak May Continue For Taiwan Stock Market
The Taiwan stock market has finished higher now in five straight sessions, surging almost 700 points or 4 percent in that span. The Taiwan Stock Exchange now rests just above the 17,330-point plateau and it's looking at another green light for Tuesday's trade.
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773 days ago
Additional Support Anticipated For Singapore Shares
The Singapore stock market ticked higher again on Monday, one session after ending the two-day winning streak in which it had picked up more than 80 points or 2.5 percent. The Straits Times Index now rests just above the 3,250-point plateau and it may add to its winnings on Tuesday.
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773 days ago
Malaysia Shares Expected To Remain Rangebound
The Malaysia stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had gained more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,405-point plateau although it's likely to see renewed support on Tuesday.
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773 days ago
Rebound Anticipated For South Korea Shares
The South Korea stock market on Monday wrote a finish to the four-day winning streak in which it had jumped almost 110 points or 4 percent. The KOSPI now rests just shy of the 2,620-point plateau although it figures to bounce higher again on Tuesday.
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773 days ago
South Korea Trade Data Due On Tuesday
South Korea will on Tuesday see June results for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In May, imports were down 11.7 percent on year and exports fell n annual 6.0 percent for a trade surplus of $1.13 billion.
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773 days ago
TSX Ends Marginally Down
The Canadian market ended weak on Monday, hurt by losses in communications, energy and utilities sectors. Healthcare stocks found support, while shares from rest of the sectors ended mixed.
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773 days ago
Dollar Subdued Against Major Counterparts
The U.S. dollar stayed largely subdued against its major counterparts on Monday, as traders awaited fresh economic data, and the monetary policy meetings of the U.S. Federal Reserve and the European Central Bank, due next week.
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773 days ago
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Swiss Market Ends Notably Lower
The Switzerland stock market opened slightly up on Monday, but soon dropped into negative territory and then spent the rest of the day's session in the red.
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773 days ago
Major European Markets Close Lower After Weak Chinese GDP Data
The major European markets closed lower on Monday, weighed down by growth concerns after data showed the Chinese economy grew at a slower than expected pace in the second quarter.
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773 days ago
Canadian Market Down Marginally In Cautious Trade
The Canadian market is down in negative territory a little before noon on Monday, with investors largely staying cautious as they await some key economic data and corporate earnings updates this week.
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773 days ago
U.S. Dollar Tumbles As Inflation Cools
Data showing consumer price inflation in the U.S. dropping to the 3-percent level triggered a sell-off in the U.S. dollar, causing it to erase around 2 percent against major currencies during the week spanning July 10 - 14, 2023.
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773 days ago
New York Manufacturing Index Points To Modest Growth In July
After reporting a significant turnaround in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Monday showing a pullback in the pace of growth in the month of July.
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773 days ago
China Property Investment Declines Further
China's property investment dropped further in the first half of the year, reflecting the woes faced by the cash-strapped developers despite signs of recovery seen at the start of the year. During January to June, property investment decreased 7.9 percent from the previous year, the NBS reported. This was bigger than the 7.2 percent fall in the January to May period.
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773 days ago
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