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Forex News
Malaysia Stock Market Tipped To Open In The Red
The Malaysia stock market headed south again on Monday, one session after ending the four-day losing streak in which it had retreated more than 35 points or 2.1 percent. The Kuala Lumpur Composite Index now rests just above the 1,550-point plateau and the losses may accelerate on Tuesday.
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159 days ago
Soft Start Called For Oversold Japan Stock Market
The Japanese stock market on Monday ended the three-day winning streak in which it had gained almost 550 points or 1.4 percent. The Nikkei 225 now sits just above the 38,520-point plateau
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159 days ago
Losing Streak May Continue For South Korea Shares
The South Korea stock market has finished lower in back-to-back sessions, stumbling more than 80 points or 3.1 percent in that span. The KOSPI now rests just above the 2,450-point plateau and it figures to open in the red again on Tuesday.
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159 days ago
TSX Recovers From Day's Lows, But Still Ends 1.1% Down
The Canadian market suffered a severe setback in early trades on Monday following a big sell-off as U.S. President Donald Trump slapped a 25% import tariff on all Canadian goods except energy products.
Despite coming off early lows, the market ended the day's session on a weak note.
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159 days ago
Japan Monetary Base Data Due On Tuesday
Japan will on Monday release January numbers for monetary base, highlighting a light day for Asia-Pacific economic activity.
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159 days ago
New Zealand Building Consents Sink 5.6% In December
The total number of building permits issued in New Zealand in December was down a seasonally adjusted 5.6 percent on month in December, Statistics New Zealand said on Tuesday - coming in at 2,478.
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159 days ago
Gold Futures Settle Moderately Higher On Safe-haven Buying
Gold futures settled moderately higher on Monday as prices recovered from early lows, with investors picking up the safe-haven commodity amid fears of a prolonged trade war after U.S. President imposed tariffs on Canada, Mexico and China and warned that the EU and the UK could be the next targets for the levy.
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159 days ago
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U.S. Dollar Falls As Trump Pauses Mexico's Tariffs
The U.S. dollar weakened against its major counterparts in the New York session on Monday, as risk sentiment improved after US President Donald Trump and Mexican President Claudia Sheinbaum agreed to suspend tariffs for one month.
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159 days ago
Canadian Market Remains Weak Despite Coming Off Early Lows
After plunging nearly 800 points or more than 3% in early trades on Monday, the Canadian market has staged a good recovery, but still remains firmly down in negative territory with several stocks from industrials, consumer discretionary and financials sectors reeling under sustained selling pressure.
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159 days ago
Swiss Market Ends Modestly Lower
The Switzerland market closed weak on Monday although the downside was much less pronounced than the losses posted by most of the major markets in the European region.
The weakness in the market was due to rising fears of a global trade war after the U.S. President Donald Trump imposed tariffs on Canada, Mexico and China and warned that the EU and the UK could be next in line for the levy.
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159 days ago
European Stocks Close Notably Lower On Trade War Fears
European stocks closed notably lower on Monday, as imposition of punitive tariffs by the U.S. President Donald Trump on Canada, Mexico and China and his warning that the European Union and the UK could be the next target for the levies triggered a sell-off across the board.
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159 days ago
Pound Advances Against Majors
The pound firmed against its major counterparts in the New York session on Monday.
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159 days ago
U.S. Construction Spending Climbs Much More Than Expected In December
A report released by the Commerce Department on Monday showed construction spending in the U.S. increased by much more than expected in the month of December. The Commerce Department said construction spending climbed by 0.5 percent to an annual rate of $2.192 trillion in December after rising by 0.2 percent to a revised rate of $2.180 trillion in November.
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159 days ago
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