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Noticias de Forex
Singapore Shares May Find Traction On Tuesday
The Singapore stock market has moved lower in two straight sessions, sinking more than 20 points or 0.7 percent along the way. The Straits Times Index now sits just above the 3,110-point plateau and it's expected to halt is slide on Tuesday.
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Malaysia Bourse Due For Support On Tuesday
The Malaysia stock market has moved lower in three straight sessions, sinking almost 10 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,455-point plateau although it may stop the bleeding on Tuesday.
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South Korea Bourse May Reclaim 2,500-Point Level
The South Korea stock market bounced higher again on Monday, one session after ending the three-day winning streak in which it had jumped more than 80 points or 3.3 percent. The KOSPI now sits just above the 2,490-point plateau and it may see additional support on Tuesday.
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Dollar Extends Weakness Against Major Rivals
Expectations that the Federal Reserve will start reducing rates from the middle of next year, continued to weigh on U.S. dollar, resulting in the currency losing ground against most of its major rivals on Monday.
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TSX Ends At 2-month High
After a somewhat lackluster session, the Canadian market ended modestly higher on Monday. Amid a lack of triggers, the mood remained cautious right through the day's session.
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RBA Minutes On Tap For Tuesday
The Reserve Bank of Australia will on Tuesday release the minutes from its Nov. 7 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity.
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Swiss Market Ends Flat
The Switzerland stock market ended flat on Monday after spending much of the day's session in negative territory in cautious trade.
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European Markets Close On Mixed Note
The major European markets ended mixed on Monday with investors digesting the latest batch of economic data and looking ahead to speeches from top officials of a few central banks and the minutes from the Federal Reserve's latest monetary policy meeting, for clues about future interest-rate moves.
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Canadian Market Modestly Higher At Noon; Energy, Materials Shares Rise
The Canadian market is modestly higher around noon on Monday with investors largely making cautious moves amid a lack of fresh triggers. The minutes from the Federal Reserve's latest policy meeting is due on Tuesday, and the document is likely to provide more clarity about the U.S. central bank's interest-rate path.
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U.S. Leading Economic Index Drops More Than Expected In October
The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators fell by more than expected in the month of October. The report said the leading economic index slid by 0.8 percent in October after falling by 0.7 percent in September. Economists had expected the index to decrease by 0.6 percent.
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Dollar Rally Fizzled Last Week As Flat CPI Lifted Rate Cut Hopes
A resurgence in the U.S. dollar, aided and abetted by the recent hawkish narrative from Fed speakers fizzled as October's inflation readings showed inflation in the U.S. flat on a month-on-month basis.
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Euro Climbs To 5-day High Against Franc
The euro strengthened against the franc during the European session on Monday.
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Canadian Dollar Falls Against Majors
The Canadian dollar weakened against its major counterparts in the European session on Monday.
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