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Forex News
Soft Start Predicted For Indonesia Stock Market
The Indonesia stock market on Friday wrote a finish to the three-day losing streak in which it had stumbled almost 220 points or 3.3 percent along the way. The Jakarta Composite Index now sits just beneath the 6,680-point plateau although it's likely to open in the red again on Monday.
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840 days ago
Hong Kong Stock Market Expected To Remain Rangebound
The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the four-day losing streak in which it had plummeted almost 1,300 points or 6.4 percent. The Hang Seng Index now sits just beneath the 19,520-point plateau although it figures to open in the red again on Monday.
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840 days ago
China Stock Market Expected To Open In The Red
The China stock market has alternated between positive and negative finishes through the last five trading days since the end of the five-day losing streak in which it had surrendered almost 100 points or 2.8 percent. The Shanghai Composite Index now sits just above the 3,250-point plateau although it's predicted to hand back those gains on Monday.
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840 days ago
Lower Open Anticipated For Taiwan Stock Market
The Taiwan stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day losing streak in which it had tumbled almost 350 points or 2.2 percent. The Taiwan Stock Exchange now rests just above the 15,450-point plateau although it figures to turn lower again on Monday.
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840 days ago
Renewed Consolidation Anticipated For Singapore Shares
The Singapore stock market has tracked higher in two of three trading days since the end of the five-day losing streak in which it had stumbled more than 115 points or 3.5 percent. The Straits Times Index now rests just above the 3,180-point plateau although it's likely to open under pressure again on Monday.
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840 days ago
Renewed Selling Pressure Anticipated For Malaysia Shares
The Malaysia stock market has moved higher in two of three trading days since the end of the five-day losing streak in which it had tumbled almost 65 points or 4.6 percent. The Kuala Lumpur Composite Index now rests just above the 1,410-point plateau although it's predicted to head south again on Monday.
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840 days ago
KOSPI: Resistance Expected At 2,400 Points
The South Korea stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day losing streak in which it had dropped more than 65 points or 2.8 percent. The KOSPI now rests just above the 2,395-point plateau and it's expected to turn lower again on Monday.
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840 days ago
more news
China Loan Prime Rate Due On Monday
The People's Bank of China will announce its latest loan prime rate numbers, highlighting a light day for Asia-Pacific economic activity. The rate is expected to hold steady at 3.65 percent.
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840 days ago
TSX Ends Moderately Lower, Sheds Nearly 2% In Week
The Canadian market ended notably lower on Friday as concerns about turmoil in the financial sector weighed on sentiment.
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842 days ago
Dollar Extends Losses Against Major Counterparts
The U.S. dollar drifted lower against its major rivals on Friday as traders continued to assess the impact of the crisis in the banking sector, and looked ahead to the Federal Reserve's policy meeting next week.
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842 days ago
Swiss Market Ends On Weak Note; Credit Suisse Tumbles 8%
Despite opening on a positive note, the Switzerland stock market ended notably lower on Friday as worries about a potential banking crisis continued to hurt sentiment, prompting investors to lighten commitments.
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843 days ago
European Markets Close Lower On Concerns Over Potential Banking Crisis
Despite some troubled U.S. and European banks securing some lifelines, European stocks closed lower on Friday as worries about a potential banking crisis rendered the mood quite bearish.
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843 days ago
U.S. Consumer Sentiment Unexpectedly Drops In March, Inflation Expectations Dip
Consumer sentiment in the U.S. fell for the first time in four months in March, according to a preliminary report released by the University of Michigan on Friday. The report said the consumer sentiment index slid to 63.4 in March from 67.0 in February. Economists had expected the index to be unchanged.
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843 days ago
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