Forex News

Singapore Stock Market May Extend Monday's Losses

Ahead of Tuesday's holiday for National Day, the Singapore stock market had halted the five-day winning streak in which it had climbed more than 70 points or 2.2 percent. The Straits Times Index now rests just above the 3,270-point plateau and it may take further damage on Wednesday.
RTTNews | 1063 days ago
Renewed Selling Pressure Expected For Malaysia Stock Market

Renewed Selling Pressure Expected For Malaysia Stock Market

The Malaysia stock market on Tuesday halted the two-day slide in which it had fallen almost a dozen points or 0.8 percent. The Kuala Lumpur Composite Index new rests just beneath the 1,500-point plateau although it figures to head south again on Wednesday.
RTTNews | 1063 days ago
South Korea Bourse Due For Profit Taking On Wednesday

South Korea Bourse Due For Profit Taking On Wednesday

The South Korea stock market has finished higher in five straight sessions, improving more than 60 points or 2.4 percent along the way. The KOSPI now rests just above the 2.500-point plateau although investors figure to cash in on Wednesday.
RTTNews | 1063 days ago
China Inflation Data Due On Wednesday

China Inflation Data Due On Wednesday

China will on Tuesday release July figures for consumer and producer prices, highlighting a light day for Asia-Pacific economic activity.
RTTNews | 1063 days ago
Dollar Subdued Against Rivals Ahead Of Inflation Data

Dollar Subdued Against Rivals Ahead Of Inflation Data

The U.S. dollar shed ground against some of its major counterparts on Tuesday, as traders looked ahead to U.S. inflation data for clues about the Federal Reserve's moves with regard to interest rates.
RTTNews | 1063 days ago
Swiss Market Ends Weak After Another Lackluster Session

Swiss Market Ends Weak After Another Lackluster Session

After a weak start and a subsequent recovery that resulted in a very brief stay in positive territory, the Switzerland stock market languished in the red on Tuesday to eventually close modestly lower.
RTTNews | 1064 days ago
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European Stocks Close Broadly Lower After Cautious Session

European Stocks Close Broadly Lower After Cautious Session

European stocks closed broadly lower on Tuesday as investors largely stayed cautious and refrained from making significant moves ahead of Wednesday's U.S. inflation data, which is expected to provide clues about the pace of Federal Reserve's policy tightening moves.
RTTNews | 1064 days ago
U.S. Labor Productivity Continues To Tumble In Q2, Labor Costs Continue To Soar

U.S. Labor Productivity Continues To Tumble In Q2, Labor Costs Continue To Soar

A report released by the Labor Department on Tuesday showed U.S. labor productivity continued to slump in the second quarter of 2022, while labor costs continued to soar. The Labor Department said labor productivity tumbled by 4.6 percent in the second quarter after plummeting by a revised 7.4 percent in the first quarter.
RTTNews | 1064 days ago
Lyft Launches Media And Advertising Business

Lyft Launches Media And Advertising Business

Ride-hailing company Lyft announced its foray into the media and advertisement business with the launch of Lyft Media as part of its vision to build the world's largest transportation media network. Lyft Media has built a suite of new products to allow advertisers to engage with Lyft's growing audience throughout their transportation journeys.
RTTNews | 1064 days ago
Dollar Falls Ahead Of U.S. Inflation Data

Dollar Falls Ahead Of U.S. Inflation Data

The U.S. dollar was lower against its most major counterparts in the European session on Tuesday, as investors awaited U.S. inflation data for more clues about the pace of future rate hikes by the Federal Reserve.
RTTNews | 1064 days ago

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