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Indonesia Stock Market Expected To Remain Rangebound
The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had surged almost 225 points or 3.3 percent. The Jakarta Composite Index now sits just above the 6,870-point plateau although it's expected to open lower again on Wednesday.
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Australian Market Slightly Lower
The Australian stock market is slightly lower in choppy trading on Wednesday, giving up some of the gains in the previous sessions, with the benchmark S&P/ASX 200 falling below the 6,800 level, following the broadly negative cues from global markets overnight, with mixed performance across most sectors as traders cautiously await the Federal Reserve's monetary policy decision later in the day.
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Lower Open Called For Hong Kong Stock Market
The Hong Kong stock market has alternated between positive and negative finishes through the last seven trading days since the end of the five-day losing streak in which it plummeted almost 1,450 points or 7 percent. The Hang Seng Index now sits just above the 20,900-point plateau although it's tipped to open in the red again on Wednesday.
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Soft Start Anticipated For China Stock Market
The China stock market on Tuesday halted the three-day losing streak in which it had slumped almost 55 points or 1.7 percent. The Shanghai Composite Index now sits just above the 3,275-point plateau although it may find renewed consolidation on Wednesday.
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Losing Streak May Continue For Taiwan Stock Market
The Taiwan stock market has moved lower in two straight sessions, sinking almost 150 points or 1.1 percent along the way. The Taiwan Stock Exchange now rests just above the 14,800-point plateau and it may take further damage on Wednesday.
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Rebound Predicted For Singapore Stock Market
The Singapore stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day winning streak in which it had collected more than 30 points or 1 percent. The Straits Times Index now rests just above the 3,190-point plateau although it figures to head south again on Wednesday.
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Malaysia Stock Market May Take Additional Damage On Wednesday
The Malaysia stock market on Tuesday halted the four-day winning streak in which it had jumped almost 40 points or 2.8 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,465-point plateau and it may extend its losses on Wednesday.
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more news
Rally May Stall For South Korea Stock Market
The South Korea stock market has tracked higher in back-to-back sessions, gathering almost 20 points or 0.8 percent along the way. The KOSPI now rests just above the 2,410-point plateau although it may run out of steam on Wednesday.
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Australia Inflation Data Due On Wednesday
Australia will on Wednesday release Q2 figures for consumer prices, highlighting a busy day for Asia-Pacific economic activity.
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Canadian Market Ends Notably Lower
The Canadian market ended notably lower on Tuesday after staying weak right through the day's session, as rising signs of slowing economic growth and looming policy tightening by central banks rendered the mood bearish.
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South Korea Consumer Confidence Crumbles In July - BoK
Consumer confidence in South Korea dropped significantly in July, the Bank of Korea said on Wednesday with a consumer confidence index score of 86.0 - down sharply from 96.4 in June.
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Dollar Posts Strong Gains Against Other Major Currencies
The U.S. dollar climbed higher against major counterparts on Tuesday with traders looking ahead to the Federal Reserve's interest rate decision amid signs of a slowing economy.
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Swiss Market Ends Lower As Weak Earnings, Growth Concerns Weigh
Save for a few minutes at the start of the session, the Switzerland stock market languished in negative territory on Tuesday as investors stayed wary of making significant moves ahead of the Federal Reserve's policy announcement.
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