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Forex News
Australian Market Notably Lower
The Australian stock market is notably lower on Wednesday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 7,200 level, following the broadly negative cues from global markets overnight, with weakness across most sectors, led by technology and financial stocks.
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778 days ago
Rally May Stall For Indonesia Stock Market
The Indonesia stock market has moved higher in three straight sessions, collecting more than 75 points or 1.1 percent along the way. The Jakarta Composite Index now rests just above the 6,735-point plateau although it may run out of steam on Wednesday.
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778 days ago
Hong Kong Shares Poised To Open Under Pressure
The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had jumped more than 350 points or 1.7 percent. The Hang Seng Index now sits just above the 19,430-point plateau and it's looking at another soft start again on Wednesday.
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778 days ago
Lower Open Anticipated For China Stock Market
The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had fallen more than 25 points or 0.8 percent. The Shanghai Composite Index now sits just beneath the 3,250-point plateau and it's expected to open in the red again on Wednesday.
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778 days ago
Taiwan Stock Market Tipped To Open In The Red
The Taiwan stock market has tracked higher in six straight sessions, advancing more than 710 points or 4.6 percent along the way. The Taiwan Stock Exchange now rests just beneath the 16,190-point plateau although investors figure to lock in gains on Wednesday.
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778 days ago
Singapore Bourse May Halt Winning Streak On Wednesday
The Singapore stock market has tracked higher in four straight sessions, collecting more than 45 points or 1.5 percent along the way. The Straits Times Index now sits just beneath the 3,220-point plateau although it may spin its wheels on Wednesday.
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778 days ago
Malaysia Stock Market May Test Support At 1,400 Points
The Malaysia stock market has finished lower in back-to-back sessions, sinking more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,410-point plateau and it may take further damage on Wednesday.
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778 days ago
more news
New Zealand Retail Sales Sink 1.4% In Q1
The volume of overall retail sales in New Zealand was down a seasonally adjusted 1.4 percent on quarter in the first quarter of 2023, Statistics New Zealand said on Wednesday.
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778 days ago
South Korea Bourse Overdue For Profit Taking
The South Korea stock market has moved higher in seven straight sessions, collecting more than 90 points or 3.6 percent along the way. The KOSPI now rests just above the 2,565-point plateau and the rally may stall on Wednesday.
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778 days ago
New Zealand Rate Decision On Tap For Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity.
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778 days ago
TSX Ends Notably Lower; Technology, Materials Shares Post Sharp Losses
The Canadian market ended notably lower on Tuesday, weighed down by losses in technology, industrials, materials and consumer sectors.
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778 days ago
South Korea May Business Sentiment Index 70.0 - BoK
The Bank of Korea's Business Survey Index (BSI) on business conditions in the manufacturing sector for May came in with a seasonally adjusted score of 70.0 - missing forecasts for 72.0 and up from the downwardly revised 67.0 in April (originally 68.0).
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778 days ago
Dollar Gains Against Major Counterparts
The U.S. dollar climbed higher against most of its major rivals on Tuesday amid concerns over a standoff in debt ceiling talks between the White House and House Republicans, and on speculation interest rates will remain higher for longer than earlier thought.
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778 days ago
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