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Additional Support Anticipated For Singapore Shares

The Singapore stock market bounced higher again on Monday, one session after ending the five-day winning streak in which it had collected more than 40 points or 1.3 percent. The Straits Times Index now sits just beneath the 3,340-point plateau and it may extend its gains on Tuesday. The global forecast for the Asian markets suggests little movement ahead of key U.S. employment data later this week. The European and U.S. markets finished slightly higher and the Asian markets figure to follow suit.
RTTNews | vor 122 Tagen
Malaysia Bourse Likely To Crack Resistance At 1,600 Points

Malaysia Bourse Likely To Crack Resistance At 1,600 Points

The Malaysia stock market has moved higher in two straight sessions, gathering almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,600-point plateau and it's expected to open in the green again on Tuesday.
RTTNews | vor 122 Tagen
Win Streak May Continue For South Korea Stock Market

Win Streak May Continue For South Korea Stock Market

The South Korea stock market has tracked higher in back-to-back sessions, collecting more than 20 point or 0.7 percent along the way. The KOSPI now rests just above the 2,800-point plateau and it may add to its winnings again on Tuesday. The global forecast for the Asian markets suggests little movement ahead of key U.S. employment data later this week. The European and U.S. markets finished slightly higher and the Asian markets figure to follow suit.
RTTNews | vor 122 Tagen
RBA Minutes On Tap For Tuesday

RBA Minutes On Tap For Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its June 18 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.
RTTNews | vor 123 Tagen
U.S. Stocks Close Higher; Nasdaq Outperforms

U.S. Stocks Close Higher; Nasdaq Outperforms

U.S. stocks closed higher on Monday, with technology shares turning in a fine performance. The major averages all started off on a somewhat weak note in lackluster trade, but turned positive with stocks gaining in strength gradually as the session progressed.
RTTNews | vor 123 Tagen
U.S. Dollar Climbs Before Powell's Speech

U.S. Dollar Climbs Before Powell's Speech

The U.S. dollar firmed against its major counterparts in the New York session on Monday, as investors await key economic data and Fed Chair Jerome Powell's speech for clues on the monetary policy outlook.
RTTNews | vor 123 Tagen
Swiss Market Ends Moderately Higher

Swiss Market Ends Moderately Higher

The Switzerland market ended moderately higher on Monday after staying firm right through the day's session, tracking positive cues from other markets in the region.
RTTNews | vor 123 Tagen
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European Stocks Close Higher On Fairly Encouraging Economic Data

European Stocks Close Higher On Fairly Encouraging Economic Data

European stocks closed higher on Monday with investors reacting positively to the results of the first round of France's parliamentary election. A survey showing the downturn in the eurozone's manufacturing sector wasn't as bad as intially feared in June, contributed as well to the positive sentiment in the markets.
RTTNews | vor 123 Tagen
German Inflation Slows More Than Expected

German Inflation Slows More Than Expected

Germany's consumer price inflation slowed faster than expected in June amid a steeper year-on-year decline in energy prices and the core figure eased to its lowest in about two-and-a-half years, while services inflation proved sticky for another month, suggesting it is not yet time for policymakers at the European Central Bank to drop their guard.
RTTNews | vor 123 Tagen
U.S. Construction Spending Unexpectedly Edges Down 0.1% In May

U.S. Construction Spending Unexpectedly Edges Down 0.1% In May

A report released by the Commerce Department on Monday unexpectedly showed a slight decrease in U.S. construction spending in the month of May. The Commerce Department said construction spending edged down by 0.1 percent to an annual rate of $2.140 trillion in May after rising by 0.3 percent to a revised rate of $2.142 billion in April.
RTTNews | vor 123 Tagen
U.S. Manufacturing Index Unexpectedly Indicates Slightly Faster Contraction In June

U.S. Manufacturing Index Unexpectedly Indicates Slightly Faster Contraction In June

Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate in the month of June, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI edged down to 48.5 in June from 48.7 in May, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 49.1.
RTTNews | vor 123 Tagen

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