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Tech Shares May Boost South Korea Stock Market
The South Korea stock market has moved higher in three straight sessions, collecting almost 55 points or 2.1 percent along the way. The KOSPI now sits just above the 2,565-point plateau and it's tipped to open in the green again on Tuesday.
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RBA Minutes On Tap For Tuesday
The Reserve Bank of Australia will on Tuesday release the minutes from its December 5 meeting, highlighting a light day for Asia-Pacific economic activity.
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TSX Ends On Firm Note
Energy and consumer discretionary stocks turned in a fine performance on Bay Street on Monday, and lifted the Canadian benchmark S&P/TSX Composite Index to a firm close.
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New Zealand Has NZ$1.234 Billion Trade Deficit
New Zealand posted a seasonally adjusted merchandise trade deficit of NZ$1.234 billion in November, Statistics New Zealand said on Tuesday.
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U.S. Dollar Turns In Mixed Performance Against Major Counterparts
The U.S. dollar was largely subdued on Monday with traders assessing recent comments from Fed officials and awaiting fresh data for clarity about interest rates.
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Swiss Market Ends On Weak Note
After a weak start, the Switzerland market briefly moved into positive territory around late morning on Monday, but retreated soon, and ended the day's session on a negative note despite another attempt to edge higher past mid afternoon.
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European Stocks Close Mostly Lower
European stocks closed mostly lower on Monday with investors trying to assess the possible interest rate moves by major central banks, and awaiting crucial inflation data for directional clues.
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Canadian Market Modestly Higher; Energy Stocks Post Strong Gains
The Canadian market is modestly higher in late morning trades on Monday, led by gains in energy and consumer discretionary sectors. Shares from the rest of the sectors are turning in a mixed performance.
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Euro Higher Amid ECB Comments
The euro appreciated against its major counterparts in the New York session on Monday, as European Central Bank Governing Council member Bostjan Vasle said that market expectations for imminent interest rate cuts are premature.
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U.S. Homebuilder Sentiment Rebounds In December
Homebuilder sentiment in the U.S. rebounded in December after falling for four consecutive months, according to a report released by the National Association of Home Builders on Monday. The report said the NAHB/Wells Fargo Housing Market Index climbed to 37 in December after falling to an eleven-month low of 34 in November. Economists had expected the index to rise to 36.
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Mirum Pharma Says EMBARK Phase 2b Study Evaluating LIVMARLI Fails To Meet Endpoints
Mirum Pharmaceuticals, Inc. (MIRM) announced Monday top-line results of the Phase 2 EMBARK study evaluating LIVMARLI (maralixibat) oral solution versus placebo given as an adjuvant therapy to Kasai surgery in patients with biliary atresia.
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Consolidated Communications Urges Shareholders To Vote FOR Proposed Deal With Searchlight And BCI
Consolidated Communications Holdings, Inc. (CNSL) announced Monday it has filed its definitive proxy statement. The Company has also filed a letter to shareholders in connection with its upcoming special meeting of shareholders urging shareholders to vote "FOR" the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation.
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Pound Weakens On Rate Uncertainty
The pound fell against its most major counterparts in the European session on Monday, weighed by New York Fed President John Williams' remarks that policymakers "aren't really talking about rate cuts right now".
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