Noticias de Forex

Mild Upside Seen For Hong Kong Stock Market

The Hong Kong stock market has finished lower in consecutive trading days, slumping more than 430 points or 2.1 percent along the way. The Hang Seng Index now sits just above the 19,950-point plateau although it's due for support on Tuesday. The global forecast for the Asian markets is flat to lower amid a lack of catalysts as investors take a wait-and-see attitude. The European markets finished slightly lower and the U.S. bourses were mixed and little changed and the Asian markets also figure to tick lower.

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China Stock Market Due For Support On Tuesday

The China stock market has tracked lower in four straight sessions, slumping more than 115 points or 3.5 percent along the way. The Shanghai Composite Index now sits just above the 3,275-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is flat to lower amid a lack of catalysts as investors take a wait-and-see attitude. The European markets finished slightly lower and the U.S. bourses were mixed and little changed and the Asian markets also figure to tick lower.

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South Korea Q1 GDP Adds 0.3%

South Korea's gross domestic product expanded a seasonally adjusted 0.3 percent on quarter in the first quarter of 2023, the Bank of Korea said in Tuesday's advance estimate.

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South Korea GDP Expands 0.3% In Q1

South Korea's gross domestic product was up a seasonally adjusted 0.3 percent on quarter in the first quarter of 2023, the Bank of Korea said in Tuesday's advance estimate.

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Taiwan Stock Market May Spin Its Wheels On Tuesday

The Taiwan stock market on Monday halted the four-day losing streak in which it had retreated more than 360 points or 2.4 percent. The Taiwan Stock Exchange now rests just above the 15,625-point plateau and it may be stuck in neutral again on Tuesday. The global forecast for the Asian markets is flat to lower amid a lack of catalysts as investors take a wait-and-see attitude. The European markets finished slightly lower and the U.S. bourses were mixed and little changed and the Asian markets also figure to tick lower.

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Japan Producer Prices Rise 1.6% On Year In March

Producer prices in Japan were up 1.6 percent on year in March, the Bank of Japan said on Tuesday.

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Rally May Stall For Singapore Stock Market

The Singapore stock market has finished higher in back-to-back sessions, collecting more than 10 points or 0.3 percent along the way. The Straits Times Index now sits just beneath the 3,325-point plateau although it may run out of steam on Tuesday. The global forecast for the Asian markets is flat to lower amid a lack of catalysts as investors take a wait-and-see attitude. The European markets finished slightly lower and the U.S. bourses were mixed and little changed and the Asian markets also figure to tick lower.

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Malaysia Shares Expected To Remain Rangebound

Ahead of the long weekend for the Eid-ul-Fitr holiday, the Malaysia stock market had moved lower in four straight sessions, slipping more than a dozen points or 0.9 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,425-point plateau and it's likely to remain in that neighborhood again on Tuesday. The global forecast for the Asian markets is flat to lower amid a lack of catalysts as investors take a wait-and-see attitude. The European markets finished slightly lower and the U.S. bourses were mixed and little changed and the Asian markets also figure to tick lower.

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South Korea Shares May Remain Stuck In Neutral

The South Korea stock market has finished lower in three straight sessions, sinking more than 50 points or 2 percent along the way. The KOSPI now rests just beneath the 2,525-point plateau and it may inch lower again on Tuesday. The global forecast for the Asian markets is flat to lower amid a lack of catalysts as investors take a wait-and-see attitude. The European markets finished slightly lower and the U.S. bourses were mixed and little changed and the Asian markets also figure to tick lower. The KOSPI finished modestly lower on Monday following losses from the financials, technology chemical and oil stocks, while the automobile companies were up on bargain hunting. For the day, the index dropped 20.90 points or 0.82 percent to finish at 2,523.50 after trading between 2,518.73 and 2,541.89. Volume was 914.5 million shares worth 11.36 trillion won. There were 697 decliners and 203 gainers. Among the actives, Shinhan Financial retreated 1.39 percent, while KB Financial surrendered 1.80 percent, Hana Financial stumbled 1.30 percent, Samsung Electronics sank 0.76 percent, Samsung SDI skidded 1.09 percent, LG Electronics fell 0.37 percent, SK Hynix tumbled 2.13 percent, Naver eased 0.16 percent, LG Chem and Lotte Chemical both shed 0.52 percent, S-Oil dropped 0.90 percent, SK Innovation weakened 1.59 percent, POSCO added 0.63 percent, SK Telecom slumped 1.85 percent, KEPCO tanked 2.36 percent, Hyundai Mobis improved 0.87 percent, Hyundai Motor advanced 0.79 percent and Kia Motors jumped 1.68 percent.

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South Korea GDP Data Due On Tuesday

South Korea will on Tuesday release preliminary Q1 figures for the first quarter of 2023, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to add 0.2 percent on quarter and 0.9 percent on year after slipping 0.4 percent on quarter and rising 1.3 percent on year in the previous three months.

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