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European Shares Seen Little Changed At Open
European stocks may open flat to slightly lower on Monday as investors react to mixed comments from Federal Reserve officials.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Monday.
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Monday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
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Sensex, Nifty Slip In Early Trade
Indian shares were a tad lower on Monday as investors closely watched movements in bond and oil markets for direction.
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Sensex, Nifty Poised For Flat Opening
Indian shares are likely to open a flat note Monday, mirroring mostly firm cues from global markets as recent weak U.S. data bolstered optimism that the Federal Reserve will refrain from raising interest rates over the next several months before cutting rates in mid-2024.
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Asian Shares Mixed Despite Fed Rate Cut Optimism
Asian stocks traded mixed on Monday despite optimism that the U.S. Federal Reserve may cut interest rates by a full percentage point by the end of 2024.
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Thai Stocks Have Flat Lead For Monday
The Thai stock market has moved higher in three straight sessions, advancing almost 30 points or 2.1 percent in that span. The Stock Exchange of Thailand now rests just above the 1,415-point plateau although it may spin its wheels on Monday.
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Indonesia Stocks Expected To Be Rangebound On Monday
The Indonesia stock market bounced higher again on Friday, one day after snapping the three-day winning streak in which it had collected more than 150 points or 2.1 percent. The Jakarta Composite Index now sits just above the 6,975-point plateau and it's likely to sit in that neighborhood again on Monday.
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Hong Kong Shares Due For Support On Monday
The Hong Kong stock market has moved lower in consecutive trading days, slumping more than 620 points or 3.5 percent in that span. The Hang Seng Index now rests just above the 17,450-point plateau although it may stop the bleeding on Monday.
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China Stock Market May Be Stuck In Neutral On Monday
The China stock market ticked higher again on Friday, one day after ending the three-day winning streak in which it had improved more than 35 points or 1.2 percent. The Shanghai Composite Index now rests just above the 3,050-point plateau and it's likely to remain rangebound again on Monday.
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Taiwan Stock Market May Run Out Of Steam On Monday
The Taiwan stock market has moved higher in five straight sessions, improving almost 540 points or 3.3 percent along the way. The Taiwan Stock Exchange now sits just above the 17,200-point plateau although its overdue for consolidation on Monday.
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Mild Rebound Predicted For Singapore Shares
The Singapore stock market on Friday ended the two-day winning streak in which it had gathered almost 30 points or 0.9 percent. The Straits Times Index now sits just beneath the 3,125-point plateau although it may bounce higher again on Monday.
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