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Forex News
Indonesia Bourse Poised To End Losing Streak
The Indonesia stock market has finished lower in back-to-back sessions, slumping almost 140 points or 2 percent in that span. The Jakarta Composite Index now sits just above the 7,035-point plateau although it may stop the bleeding on Monday.
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504 days ago
Australian Market Notably Higher
The Australian stock market is currently trading notably higher on Monday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 7,600.00 level, following the broadly positive cues from global markets on Friday, with gains in technology and financial stocks.
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504 days ago
Overbought Heng Seng Nonetheless Called Higher On Monday
The Hong Kong stock market has moved higher in five straight sessions, gathering almost 1,470 points or 8.7 percent along the way. The Hang Seng Index now sits just above the 17,650-point plateau and it has a strong lead again for Monday's trade.
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504 days ago
China Stock Market Likely To Crack Resistance At 3,100 Points
The China stock market has moved higher in three straight sessions, gathering almost 70 points or 2.2 percent along the way. The Shanghai Composite Index now sits just beneath the 3,090-point plateau and it's expected to open in the green again on Monday.
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504 days ago
Taiwan Bourse Tipped To Extend Friday's Gains
The Taiwan stock market bounced higher again on Friday, one day after ending the two-day winning streak in which it had spiked more than 700 points or 3.5 percent. The Taiwan Stock Exchange now sits just above the 20,120-point plateau and it may add to its winnings pm Monday.
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504 days ago
Singapore Shares May End Losing Streak
The Singapore stock market has moved lower in back-to-back sessions, slipping almost 15 points or 0.5 percent along the way. The Straits Times Index now rests just above the 3,280-point plateau although it's likely to find support on Monday.
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504 days ago
Continued Strength Expected For Malaysia Shares
The Malaysia stock market bounced higher again on Friday, one day after ending the six-day winning streak in which it had climbed almost 40 points or 2.5 percent. The Kuala Lumpur Composite Index now sits just above the 1,575-point plateau and it's looking at another solid start on Monday.
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504 days ago
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Tech Shares May Boost South Korea Stock Market
The South Korea stock market has alternated between positive and negative finishes through the last seven trading days since the end of the four-day losing streak in which it had plunged almost 125 points or 4.6 percent. The KOSPI now sits just above the 2,655-point plateau and it may extend its gains on Monday.
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504 days ago
Singapore Unemployment Data Due On Monday
Singapore will on Monday release Q1 figures for unemployment, highlighting a light day for Asia-Pacific economic activity. In the three months prior, the jobless rate was 2.0 percent.
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504 days ago
Canadian Market Ends Modestly Higher
The Canadian market ended modestly higher on Friday, led by gains in materials stocks as gold prices advanced on safe-haven buying. Stocks from the rest of the sectors turned in a mixed performance.
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506 days ago
Dollar Rises Against Major Counterparts After Hot Inflation Data
The U.S. dollar gained against its major counterparts on Friday, lifted by data showing a larger than expected increase in the nation's annual rate of consumer price growth.
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506 days ago
Canadian Market Modestly Higher In Cautious Trade
The Canadian market is up in positive territory Friday afternoon, and looks set to end the day's session modestly higher thanks to sustained buying in materials, healthcare and consumer staples sectors.
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506 days ago
U.S. Dollar Higher Following Strong PCE Inflation Data
The U.S. dollar moved up against its major counterparts in the New York session on Friday, as the Federal Reserve's preferred measure of inflation, the personal consumption expenditures price index, exceeded expectations on an annual basis in March.
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506 days ago
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