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Forex News
Sensex, Nifty May See Cautious Start As Fed Worries Resurface
Indian shares look set to open on a cautious note Tuesday as investors react to an overnight climb in U.S. Treasury yields.
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612 days ago
Asian Shares Retreat As Yields Rise On Fed Jitters
Asian stocks traded lower on Tuesday after U.S. Treasury yields rose across the curve as a result of a heavy slate of corporate debt sales and a series of auctions beginning today.
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612 days ago
Steady Start Seen For Thai Stock Market
The Thai stock market on Monday ended the two-day winning streak in which it had jumped almost 40 points or 2.9 percent. The Stock Exchange of Thailand now rests just beneath the 1,420-point plateau and it may tick lower again on Tuesday.
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612 days ago
Indonesia Stock Market Has Flat Lead For Tuesday's Trade
The Indonesia stock market has moved higher in three straight sessions, gathering almost 140 points or 2.1 percent along the way. The Jakarta Composite Index now sits just beneath the 6,880-point plateau and it's likely to be rangebound on Tuesday.
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612 days ago
Hong Kong Shares May Open Under Mild Pressure On Tuesday
The Hong Kong stock market has moved higher in three straight sessions, accelerating more than 950 points or 5.5 percent along the way. The Hang Seng Index now rests just above the 17,960-point plateau although it may spin its wheels on Tuesday.
The global forecast for the Asian markets is mixed and fairly flat, with many of the regional bourses due for profit taking after big recent gains. The European markets were slightly lower and the U.S. bourses were slightly higher and the Asian markets figure to split the difference.
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612 days ago
Japan Household Spending Climbs 0.3% In September
The average of household spending in Japan was up 0.3 percent on month in September, the Ministry of Internal Affairs and Communications said on Tuesday - coming in at 282,969 yen.
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612 days ago
China Stock Market Likely Rangebound On Tuesday
The China stock market has moved higher in back-to-back sessions, improving almost 50 points or 1.7 percent along the way. The Shanghai Composite Index now rests just beneath the 3,060-point plateau and it's expected to see little movement on Tuesday.
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612 days ago
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Taiwan Stock Market Due For Consolidation On Tuesday
The Taiwan stock market has moved higher in four straight sessions, accelerating almost 650 points or 4.3 percent along the way. The Taiwan Stock Exchange now sits just beneath the 16,650-point plateau although it's likely to see some profit taking on Tuesday.
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612 days ago
Singapore Shares Due For Profit Taking On Tuesday
The Singapore stock market has moved higher in six straight sessions, collecting more than 115 points or 4 percent along the way. The Straits Times Index now sits just above the 3,180-point plateau although it may run out of steam on Tuesday.
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612 days ago
Little Movement Expected For Malaysia Bourse
The Malaysia stock market has moved higher in three straight sessions, collecting almost 30 points or 2 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,465-point plateau although the rally may stall on Tuesday.
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612 days ago
Rally May Stall For South Korea Stock Market
The South Korea stock market has moved higher in four straight sessions, gathering more than 230 points or 9.4 percent along the way. The KOSPI now sits just above the 2,500-point plateau although investors figure to cash in on Tuesday.
The global forecast for the Asian markets is mixed and fairly flat, with many of the regional bourses due for profit taking after big recent gains. The European markets were slightly lower and the U.S. bourses were slightly higher and the Asian markets figure to split the difference.
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612 days ago
Australia Rate Decision On Tap For Tuesday
The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBA is expected to hike its benchmark lending rate by 25 basis points, to 4,35 percent from 4.10 percent.
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612 days ago
Dollar Gains Against Major Counterparts
The U.S. dollar, which saw some weak spells last week, and dropped to a near 8-week low Monday morning, recovered some lost ground as the session progressed with traders looking ahead to speeches from Fed officials including Chair Jerome Powell.
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612 days ago
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