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Forex News
Asian Markets Mostly Lower On Global Cues
Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from global markets overnight, with traders remaining cautiously optimistic as they believe the heavy selling in recent sessions has been overdone. The strengthening of the US dollar against Asian currencies also weighed on market sentiment. Asian markets closed mostly lower on Monday.
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1012 days ago
Sensex, Nifty Seen Opening Tad Higher In Cautious Trade
Indian shares are seen opening higher on Tuesday, though the upside may remain capped by concerns surrounding a surging dollar and rising bond yields with yield on the benchmark ten-year U.S. note soaring to a twelve-year high.
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1012 days ago
Thai Stock Market May Test Support At 1,600 Points
The Thai stock market has moved lower in two straight sessions, slipping almost 25 points or 1.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,620-point plateau and it's tipped to open under pressure again on Tuesday.
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1012 days ago
Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Tuesday, recouping some of the losses in the previous three sessions, with the Nikkei 225 moving to nearly the 26,600 level, despite the broadly negative cues from global markets overnight, with minor gains across most sectors as the market rebounded after the recent sharp sell-off.
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1012 days ago
Lower Open Called For Indonesia Stock Market
The Indonesia stock market has finished lower in two straight sessions, more than 90 points 1.3 percent along the way. The Jakarta Composite Index now rests just above the 7,125-point plateau and it's tipped to open in the red again on Tuesday.
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1012 days ago
Australian Market Modestly Higher
The Australian stock market modestly higher on Tuesday, recouping some of the losses in the previous three sessions, with the benchmark S&P/ASX 200 just below the 6,500 level, despite the broadly negative cues from global markets overnight, with gains across most sectors as the market rebounds after the recent sell-off.
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1012 days ago
Soft Start Expected For Hong Kong Stock Market
The Hong Kong stock market has finished lower in four straight sessions, tumbling more than 925 points or 5 percent along the way. Now at a fresh 11-year closing low, the Hang Seng Index sits just above the 17,850-point plateau and it's tipped to open lower again on Tuesday.
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1012 days ago
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China Stock Market Tipped To Open Under Pressure
The China stock market has moved lower in four straight trading days, slipping more than 70 points or 2.4 percent along the way. The Shanghai Composite Index now sits just above the 3,050-point plateau and it's likely to see continued consolidation on Tuesday.
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1012 days ago
More Pain Predicted For Taiwan Stock Market
The Taiwan stock market has finished lower in four straight sessions, sinking more than 760 points or 6.4 percent along the way. The Taiwan Stock Exchange now rests just beneath the 13,780-point plateau and it's tipped to open under pressure again on Tuesday.
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1012 days ago
Continued Consolidation Anticipated For Singapore Stock Market
The Singapore stock market has finished lower in back-to-back sessions, stumbling more than 80 points or 2.7 percent along the way. The Straits Times Index now rests just above the 3,180-point plateau and it's expected to see continued consolidation on Tuesday.
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1012 days ago
Losing Streak Expected To Continue For Malaysia Shares
The Malaysia stock market has finished lower in four straight sessions, slumping almost 50 points or 3.2 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,415-point plateau and it's expected to open in the red again on Tuesday.
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1012 days ago
More Pain Predicted For South Korea Stock Market
The South Korea stock market has fallen lower in four straight sessions, tumbling almost 150 points or 6.3 percent along the way. Now at a two-year closing low, the KOSPI sits just above the 2,220-point plateau and it may sink further still on Tuesday.
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1012 days ago
China Industrial Profits Data Due On Tuesday
China will on Tuesday release August figures for industrial profits, headlining a very light day in Asia-Pacific economic activity.
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1012 days ago
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