Noticias de Forex
South Korea Shares May Run Out Of Steam On Wednesday
The South Korea stock market has climbed higher in two straight sessions, gathering more than 35 points or 1.3 percent along the way. The KOSPI now sits just above the 2,630-point plateau although the rally may stall on Wednesday.
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New Zealand Inflation Slows To 2.2% Annually
Consumer prices in New Zealand were up 2.2 percent on year in the third quarter of 2024, Statistics New Zealand said on Wednesday in line with expectations and down from 3.3 percent in the previous three months.
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TSX Ends Marginally Down
The Canadian market ended weak on Tuesday due to heavy selling in the energy sector as oil prices fell amid easing fears of a supply disruptions after reports said Israel will not strike Iranian oil and nuclear sites.
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New Zealand Inflation Data Due On Wednesday
New Zealand will on Wednesday release Q3 numbers for consumer prices, highlighting a modest day for Asia-Pacific economic activity.
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Dollar Mostly Subdued Against Major Counterparts
The U.S. dollar stayed weak for much of the day's trading session on Tuesday as a sharp drop in oil prices eased fears about inflation. Data showing a contraction in business activity in New York weighed as well on the currency.
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Swiss Market Ends Modestly Lower
The Switzerland market, which started off on a positive note on Tuesday, retreated and moved along the flat line till the penultimate hour of the day's session, and then lost ground and settled modestly lower.
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European Stocks Close Weak As Investors Digest Economic Data, Await ECB Meeting
European stocks closed lower on Tuesday, weighed down by losses in the energy sector as oil prices tumbled. Investors also digested a slew of economic data from the region, and looked ahead to the European Central Bank's monetary policy announcement due later in the week. Middle East tensions weighed as well on sentiment.
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more news
Euro Weakens Ahead Of ECB Rate Decision
The euro declined against its most major counterparts in the New York session on Tuesday, ahead of the European Central Bank meeting that is widely expected to deliver another interest rate cut after recent data signaled continued weakness in the euro zone economy.
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Canadian Market Recovers After Early Weakness; Energy Stocks Drop On Weak Oil Prices
Despite data showing another drop in the nation's consumer price inflation, the Canadian market drifted lower Tuesday morning with energy stocks losing ground following a sharp drop in crude oil prices. The market's downside was limited thanks to strong buying at several counters in healthcare, utilities, communications and real estate sectors.
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New York Manufacturing Index Indicates Return To Contraction In October
Following a significant turnaround in the previous month, the Federal Reserve Bank of New York released a report on Tuesday showing regional manufacturing activity has returned to contraction in the month of October. The New York Fed said its general business conditions index tumbled to a negative 11.9 in October from a positive 11.5 in September, with a negative reading indicating contraction.
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New York Manufacturing Index Tumbles Much More Than Expected In October
Following a significant turnaround in the previous month, the Federal Reserve Bank of New York released a report on Tuesday showing regional manufacturing activity has returned to contraction in the month of October.
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Bay Street May Open With Negative Bias
The Canadian market may open with a negative bias Tuesday morning with energy stocks likely to be under pressure due to a sharp fall in oil prices. The focus will be on the nation's inflation data.
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Yen Rises Amid BoJ Rate Hike Uncertainty
The Japanese yen strengthened against other major currencies in the European session on Tuesday, following Bank of Japan Governor Kazuo Ueda's dovish remarks and incoming Prime Minister Shigeru Ishiba's unexpected resistance to additional rate increases.
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