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Rally May Stall For Singapore Stock Market
The Singapore stock market has climbed higher in four straight sessions, advancing almost 90 points or 2.8 percent along the way. The Straits Times Index now sits just above the 3,480-point plateau, although investors figure to cash in on Wednesday.
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vor 49 Tagen
Malaysia Stock Market May Open Under Pressure
The Malaysia stock market on Tuesday ended the two-day winning streak in which it had climbed more than 25 points or 1.5 percent. The Kuala Lumpur Composite Index now sits just above the 1,675-point plateau and it's looking at another soft start again on Wednesday.
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vor 49 Tagen
Australia Services Sector Accelerates In August - Judo Bank
The services sector in Australia continued to expand in August, and at a faster pace, the latest survey from Judo Bank revealed on Wednesday with a services PMI score of 52.5.
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vor 49 Tagen
Tech Shares May Drag South Korea Stocks Lower
The South Korea stock market on Tuesday ended the two-day winning streak in which it had picked up almost 20 points or 0.7 percent. The KOSPI now rests just shy of the 2,665-point plateau and the losses may accelerate on Wednesday.
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vor 49 Tagen
Australia GDP Data Due On Wednesday
Australia will on Wednesday release Q2 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity.
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vor 49 Tagen
TSX Ends 1.3% Down; Materials, Energy Stocks Tumble
The Canadian market ended sharply lower on Tuesday, weighed down by losses in energy, materials and technology sectors. Weak commodity prices, and concerns about global economic growth and uncertainty about the pace of U.S. interest rate cuts rendered the mood bearish.
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vor 49 Tagen
Dollar Gains Against Major Counterparts
The U.S. dollar gained against its major counterparts on Tuesday with traders closely tracking the latest economic data from across the globe and awaiting some crucial updates on U.S. non-farm payroll employment, private sector employment, and jobless claims.
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vor 49 Tagen
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Swiss Market Ends Notably Lower On Weak Global Cues
The Switzerland stock market ended notably lower on Tuesday, in line with markets across Europe, as worries about growth and uncertainty about the likely pace of Fed interest rate cuts weighed on sentiment.
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vor 49 Tagen
European Stocks Close Notably Lower As Growth Worries Resurface
European stocks closed notably lower on Tuesday amid renewed concerns about the outlook for global economic growth and uncertainty about the pace of interest rate cuts by the Federal Reserve following recent mixed economic data.
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vor 49 Tagen
Pound Weakens As Investors Await U.S Jobs Report
The pound fell against its major counterparts in the New York session on Tuesday, as investors awaited key U.S. economic data, including Friday's non-farm payrolls report for August to gauge the size of the Federal Reserve's rate cut later this month.
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vor 49 Tagen
Canadian Market Down Sharply On Widespread Selling
The Canadian market is down sharply in negative territory around noon on Tuesday with stocks from across several sectors reeling under a severe bout of selling pressure.
Energy and materials stocks are down on weak commodity prices. Technology and consumer discretionary stocks are among the other major losers.
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vor 49 Tagen
U.S. Construction Spending Unexpectedly Dips 0.3% In July
The Commerce Department released a repot on Tuesday unexpectedly showing a decrease by U.S. construction spending in the month of July. The report said construction spending fell by 0.3 percent to an annual rate of $2.163 trillion in July, while revised data showed construction spending was nearly unchanged at an annual rate of $2.169 trillion in June.
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vor 49 Tagen
U.S. Manufacturing Index Inches Higher But Still Indicates Contraction In August
A reading on U.S. manufacturing activity saw a modest increase in the month of August but continued to indicate contraction, according to a report released by the Institute for Supply Management on Tuesday. The ISM said its manufacturing PMI inched up to 47.2 in August from 46.8 in July, with a reading below 50 indicating contraction. Economists had expected the index to rise to 47.5.
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vor 49 Tagen
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