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Forex News
Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from global markets on Friday, as the unexpected spike in US core consumer prices added to recent concerns about the outlook for interest rates as the US Federal Reserve may be inclined to leave interest rates higher for longer. Asian markets closed mixed on Friday.
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865 days ago
Sensex, Nifty Set To Drift Lower Amid Global Selloff
Indian shares look set to open notably lower on Monday as investors brace for additional Fed rate hikes to come.
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865 days ago
Japanese Market Slightly Lower
The Japanese stock market is slightly lower on Monday, giving up the gains in the previous session, with the Nikkei 225 staying above the 27,400 level, following the broadly negative cues from global markets on Friday, dragged by technology stocks as traders remain cautious ahead of Bank of Japan governor nominee Kazuo Ueda's appearance before the upper house.
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865 days ago
Thai Stock Market Tipped To Open In The Red
The Thai stock market has moved lower in three straight sessions, sinking almost 35 points or 2.2 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,635-point plateau and it's expected to open under pressure again on Monday.
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865 days ago
Australian Market Sharply Lower
The Australian stock market is sharply lower on Monday, giving up the gains in the previous session, with the benchmark S&P/ASX 200 falling to nearly the 7,200 level, following the broadly negative cues from global markets on Friday, with weakness across most sectors, led by miners and technology stocks.
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865 days ago
Indonesia Stock Market May Be Stuck In Neutral On Monday
The Indonesia stock market has moved higher in two straight sessions, gathering almost 50 points or 0.8 percent along the way. The Jakarta Composite Index now sits just above the 6,855-point plateau although it may run out of steam on Monday.
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865 days ago
Australia Company Operating Profits Jump 10.6% In Q4
Australia's company gross operating profits surged a seasonally adjusted 10.6 percent on quarter in the fourth quarter of 2022, the Australian Bureau of Statistics said on Monday.
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865 days ago
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Oversold Hang Seng Nonetheless Called To Open Lower
The Hong Kong stock market has finished lower in four straight sessions, giving away more than 870 points or 4.3 percent along the way. The Hang Seng Index now sits just above the 20,000-point plateau and it may give up that support on Monday.
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865 days ago
No Help Yet For China Stock Market
The China stock market has moved lower in three straight sessions, sinking more than 35 points or 1.1 percent along the way. The Shanghai Composite Index now sits just beneath the 3,270-point plateau and it's tipped to open in the red again on Monday.
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865 days ago
Renewed Selling Pressure Likely In Store For Singapore Shares
The Singapore stock market on Friday halted the four-day losing streak in which it had slumped more than 60 points or 1.9 percent. The Straits Times Index now rests just above the 3,280-point plateau, although it figures to head south again on Monday.
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865 days ago
Malaysia Stock Market May Extend Losing Streak
The Malaysia stock market has finished lower in three straight sessions, slumping more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,455-point plateau and the losses may accelerate on Monday.
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865 days ago
KOSPI Tipped To Extend Friday's Losses
The South Korea stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had gathered just 7 points or 0.3 percent. The KOSPI now rests just shy of the 2,425-point plateau and it's looking at another soft start for Monday's trade.
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865 days ago
New Zealand Retail Sales Sink 0.6% In Q4
The total volume of retail sales in New Zealand was down a seasonally adjusted 0.6 percent on quarter in the fourth quarter of 2022, Statistics New Zealand said on Monday.
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865 days ago
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