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Malaysia Stock Market May Hand Back Friday's Gains
The Malaysia stock market has alternated between positive and negative finished through the last four trading days since the end of the two-day winning streak in which it had gathered almost a dozen points or 0.9 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,390-point plateau although it may head south again on Monday.
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South Korea Shares May Turn Lower Again On Monday
The South Korea stock market on Friday ended the two-day slide in which it had slumped almost 30 points or 1.1 percent. The KOSPI now sits just above the 2,625-point plateau although it may hand back those gains on Monday.
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New Zealand Services Sector Accelerates In May - BusinessNZ
The services sector in New Zealand picked up steam in May, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 53.3.
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Hong Kong Unemployment Data Due On Monday
Hong Kong will on Monday release May figures for unemployment, highlighting a very light day for Asia-Pacific economic activity.
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TSX Ends Modestly Lower After Cautious Session
Despite opening on a positive note and climbing higher subsequently, the Canadian market turned weak and drifted lower on Friday, weighed down by losses in technology and energy sectors.
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Dollar Recovers After Falling To One-month Low
The U.S. dollar recovered after falling to a one-month low on Friday as traders assessed the latest policy moves by central banks, and reacted to a slew of economic data from across the globe.
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Canadian Market Down Marginally In Cautious Trade
The Canadian market is down marginally Friday afternoon, despite opening modestly higher and climbing further subsequently.
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Swiss Market Ends On Firm Note
The Switzerland stock market ended on a firm note on Friday, in line with a largely positive trend in Europe amid optimism about more surplus from the Chinese government to revive the world's second largest economy.
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European Stocks Close Higher On Encouraging Eurozone Inflation Data
European stocks closed higher on Friday, buoyed by data showing a sharp deceleration in eurozone inflation in May, and on optimism about further stimulus from China to spur growth in the world's second largest economy.
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U.S. Consumer Sentiment Improves Much More Than Expected In June
A report released by the University of Michigan on Friday showed U.S. consumer sentiment has improved by much more than expected in the month of June. The University of Michigan said is consumer sentiment index climbed to 63.9 in June from 59.2 in May. Economists had expected in the index to inch up to 60.0.
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Pound Appreciates Amid Risk Appetite
The pound climbed against its major rivals in the European session on Friday, as a slew of economic data released overnight prompted traders to reassess rate outlook.
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Steel Dynamics Guides Q2 Earnings Well Above Estimates
Steel producer Steel Dynamics Inc. (STLD) on Friday provided its earnings guidance for the second quarter, well above analysts' estimates.
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Eurozone Inflation Eases As Estimated
Eurozone inflation slowed to a 15-month low in May due to the fall in energy prices, final data from Eurostat confirmed on Friday. The harmonized index of consumer prices increased 6.1 percent year-on-year in May, weaker than the 7.0 percent rise in April. This was the lowest rate since February 2022, when inflation was 5.9 percent.
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