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Forex News
Hong Kong Shares May See Mild Upside On Tuesday
The Hong Kong stock market has moved higher in two straight sessions, collecting more than 170 points or 0.8 percent along the way. The Hang Seng Index now sits just above the 20,600-point plateau and figures to be rangebound again on Tuesday.
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853 days ago
China Stock Market May Spin Its Wheels On Tuesday
The China stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had climbed more than 50 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,320-point plateau and it's expected to remain in that neighborhood again on Tuesday.
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853 days ago
Australia Has A$11.688 Billion Trade Surplus
Australia posted a seasonally adjusted merchandise trade surplus of A$11.688 billion in January, the Australian Bureau of Statistics said on Tuesday.
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853 days ago
Australia Retail Sales Rise 1.9% In January
The total value of retail sales in Australia was up a seasonally adjusted 1.9 percent on month in January, the Australian Bureau of Statistics said on Tuesday - coming in at A$35.091 billion.
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853 days ago
Rally May Stall For Taiwan Stock Market
The Taiwan stock market has finished higher in four straight sessions, gathering more than 250 points or 1.7 percent along the way. The Taiwan Stock Exchange now rests just above the 15,760-point plateau although investors may cash in on Tuesday.
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853 days ago
Singapore Shares Likely To Remain Rangebound
The Singapore stock market on Monday halted the five-day losing streak in which it had retreated almost 50 points or 1.5 percent. The Straits Times Index now rests just beneath the 3,240-point plateau although it may spin its wheels on Tuesday.
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853 days ago
South Korea GDP Climbs 1.3% On Year In Q4
South Korea's gross domestic product expanded an annualized 1.3 percent in the fourth quarter of 2022, the Bank of Korea said in Tuesday's final reading.
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853 days ago
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Steady Start Seen For Malaysia Stock Market
The Malaysia stock market has ticked lower in back-to-back sessions, although it has given up not quite 3 points in that span. The Kuala Lumpur Composite Index now rests just above the 1,450-point plateau and it's expected to remain in that neighborhood again on Tuesday.
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853 days ago
South Korea GDP Rises 1.3% On Year In Q4
South Korea's gross domestic product climbed an annualized 1.3 percent in the fourth quarter of 2022, the Bank of Korea said on Tuesday.
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853 days ago
Rally May Stall For South Korea Stock Market
The South Korea stock market has moved higher in four straight sessions, gathering more than 60 points or 2.5 percent along the way. The KOSPI now rests just above the 2,460-point plateau although it may be stuck in neutral on Tuesday.
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853 days ago
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, from 3.35 percent to 3.60 percent.
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853 days ago
TSX Ends On Weak Note After Cautious Session
After a slightly weak start and a subsequent recovery Monday morning, the Canadian market retreated and spent the rest of the day's session in the red.
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853 days ago
Dollar Loses Ground Against Major Counterparts
The U.S. dollar drifted lower against its major counterparts on Monday with investors looking ahead to the testimony by the Federal Reserve Chair Jerome Powell and the crucial jobs data due later in the week, for clues on interest rates.
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853 days ago
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