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Berita Forex
Australian Market Sharply Higher
The Australian stock market is sharply higher on Wednesday, extending the rally in the previous session, with the benchmark S&P/ASX 200 moving a tad below the 6,800 level, following the positive cues from global markets overnight, with gains across all sectors, led by technology and financial stocks as traders digest the smaller-than expected interest rate hike by the Reserve Bank of Australia.
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Hong Kong Stock Market Overdue For Support On Wednesday
Ahead of Tuesday's holiday for National Day, the Hong Kong stock market had turned lower again - one session after snapping the two-day slide in which it had stumbled almost 700 points or 4 percent. Now at a fresh 11-year closing low, the Hang Seng Index sits just beneath the 17,080-point plateau although it's expected to open sharply higher on Wednesday.
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Singapore Private Sector Accelerates In September - S&P Global
The private sector in Singapore continued to expand in September, and at a faster pace, the latest survey from S&P Global revealed on Wednesday with a services PMI score of 57.5.
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Japan Services PMI Moves To Expansion In September - Jibun
The services sector in Japan climbed into expansion territory in September, the latest survey from Jibun Bank revealed on Wednesday with a services PMI score of 52.2.
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Taiwan Stock Market Expected To See Additional Support
The Taiwan stock market on Tuesday wrote a finish to the two-day slide in which it had stumbled more than 230 points or 1.8 percent. The Taiwan Stock Exchange now rests just above the 13,575-point plateau and it's got a strong lead again for Wednesday's trade.
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Higher Open Predicted For Singapore Stock Market
The Singapore stock market has finished higher in two of three trading days since the end of the five-day losing streak in which it had stumbled almost 150 points or 4.8 percent. The Straits Times Index now rests just beneath the 3,140-point plateau and it's looking at continued strength on Wednesday.
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Win Streak May Continue For Malaysia Stock Market
The Malaysia stock market has tracked higher in back-to-back sessions, collecting almost 15 points or 1.1 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,410-point plateau and it's expected to open in the green again on Wednesday.
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South Korea Inflation Rises 5.6% On Year In September
Consumer prices in South Korea were up 5.6 percent on year in September, Statistics Korea said on Wednesday.
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South Korea Stock Market Tipped To Open In The Green
The South Korea 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 tumbled almost 150 points or 6.3 percent. The KOSPI sits just beneath the 2,210-point plateau and it may add to its winnings on Wednesday.
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Australia Services PMI Ticks Higher In September - S&P Global
The services sector in Australia continued to expand in September, and at a slightly faster pace, the latest survey from S&P Global revealed on Wednesday with a services PMI score of 50.6.
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New Zealand Rate Decision Due On 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 busy day for Asia-Pacific economic activity. The RBNZ is expected to hike its Official Cash Rate by 50 basis points, from 3.00 percent to 3.50 percent.
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TSX Ends On High Note Again
The Canadian market rallied sharply for a second straight day, as the mood remained upbeat on Tuesday amid rising hopes the Fed will be less aggressive with interest rate hikes after data on U.S. manufacturing activity, construction spending and job openings came in weaker than expected.
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Dollar Continues To Drift Lower
The U.S. dollar tumbled and shed ground against its major counterparts on Tuesday, extending recent weakness, as weaker than expected economic data raised hopes the Fed will be less hawkish in its monetary policy stance at its upcoming meetings.
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