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Forex News
Sensex, Nifty Set To Rally As Oil Prices Plunge On Iran-Israel Ceasefire
Indian shares look set to open sharply higher on Tuesday after U.S. President Donald Trump claimed on social media that Israel and Iran have agreed to a "complete and total ceasefire" to be phased in over 24 hours.
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13 days ago
Higher Open Called For Thai Stock Market
The Thai stock market has finished lower in eight straight sessions, slumping more than 80 points or 7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,060-point plateau and it's overdue for support on Tuesday.
The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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13 days ago
Japanese Market Sharply Higher
The Japanese stock market is trading sharply higher on Tuesday, reversing some of the losses in the previous three sessions, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving above the 38,850 level, with gains across most sectors led by index heavyweights and technology stocks.
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13 days ago
Indonesia Stock Market Due For Support On Tuesday
The Indonesia stock market has tracked lower in four straight sessions, slumping almost 370 points or 4.8 percent in that span. The Jakarta Composite Index now sits just beneath the 6,790-point plateau although it's tipped to open in the green on Tuesday.
The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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13 days ago
Win Streak May Continue For Hong Kong Stock Market
The Hong Kong stock market has moved higher in back-to-back sessions, advancing more than 450 points of 1.9 percent along the way. The Hang Seng Index now sits just beneath the 23,690-point plateau and it's expected to see additional support on Tuesday.
The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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13 days ago
Additional Support Anticipated For China Stock Market
The China stock market on Monday snapped the two-day slide in which it had fallen almost 30 points or 0.9 percent. The Shanghai Composite Index now sits just above the 3,380-point plateau and it may add to its winnings on Tuesday.
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13 days ago
Australian Market Significantly Higher
The Australian stock market is trading significantly higher on Tuesday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks amid tumbling crude oil prices.
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13 days ago
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Bargain Hunting May Boost Taiwan Stock Market
The Taiwan stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had risen more than 300 points or 1.3 percent. The Taiwan Stock Exchange now sits just above the 21,730-point plateau and it's expected to move back to the upside again on Tuesday.
The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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13 days ago
Singapore Bourse May Reclaim 3,900-Point Level
The Singapore stock market has moved lower in four straight sessions, slumping more than50 points or 1.4 percent along the way. The Straits Times Index now sits just beneath the 3,880-point plateau although it's due for support on Tuesday.
The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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13 days ago
Little Movement Seen For Malaysia Stock Market
The Malaysia stock market has alternated between positive and negative finishes through the last seven trading days since the end of the two-day winning streak in which it had gathered almost 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,515-point plateau and it's expected to remain rangebound again on Tuesday.
The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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13 days ago
Japan Stock Market Poised To End Losing Streak
The Japan stock market has finished lower in three straight sessions, stumbling more than 530 points or 1.4 percent along the way. The Nikkei 225 now rests just above the 38,350-point plateau although it may stop the bleeding on Tuesday.
The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
The Nikkei finished modestly lower on Monday following losses from the financial shares, technology stocks and automobile producers.
For the day, the index dipped 49.14 points or 0.13 percent to finish at 38,354.09 after trading between 38,026.32 and 38,368.22.
Among the actives, Nissan Motor shed 0.46 percent, while Mazda Motor stumbled 2.01 percent, Toyota Motor fell 0.36 percent, Honda Motor retreated 1.23 percent, Mitsubishi UFJ Financial dropped 0.92 percent, Mizuho Financial lost 0.58 percent, Sumitomo Mitsui Financial eased 0.06 percent, Sony Group tanked 2.13 percent, Panasonic Holdings sank 0.67 percent, Hitachi declined 1.63 percent and Softbank Group was unchanged.
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13 days ago
Rebound Anticipated For South Korea Stock Market
The South Korea stock market on Monday snapped the five-day winning streak in which it had rallied almost 130 points or 4.3 percent to a three-year high. The KOSPI now rests just above the 3,010-point plateau although it's likely to bounce higher again on Tuesday.
The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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13 days ago
Malaysia Inflation Data Due On Tuesday
Malaysia will on Tuesday release May data for consumer prices, highlighting a light day for Asia-Pacific economic activity. In April, inflation was up 0.1 percent on month and 1.4 percent on year.
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13 days ago
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