Actualités Forex
Australian Market Notably Lower
The Australian stock market is notably lower on Monday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying a tad above the 7,100 level, following the broadly negative cues from global markets on Friday, with weakness in technology and energy stocks partially offset by gains in gold miners.
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No Help Yet For Hong Kong Stock Market
The Hong Kong stock market has finished lower in four straight sessions, tumbling almost 1,300 points or 6.4 percent along the way. The Hang Seng Index now sits just beneath the 19,320-point plateau and it's looking at another soft lead for Monday's trade.
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Oversold China Bourse Nonetheless Called Lower On Monday
The China stock market has finished lower in five straight sessions, sinking almost 100 points or 2.8 percent along the way. The Shanghai Composite Index now sits just above the 3,230-point plateau and it's expected to open in the red again on Monday.
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Lower Open Expected For Taiwan Stock Market
The Taiwan stock market has moved lower in three straight sessions, slumping almost 350 points or 2.2 percent along the way. The Taiwan Stock Exchange now rests just above the 15,525-point plateau and it's looking at a soft start again on Monday.
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More Pain Predicted For Singapore Stock Market
The Singapore stock market has tracked lower in three consecutive trading days, slumping almost 70 points or 2.1 percent along the way. The Straits Times Index now rests just above the 3,175-point plateau and it's likely to see continued consolidation on Monday.
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Soft Start Anticipated For Malaysia Stock Market
The Malaysia stock market has moved lower in three straight sessions, sinking more than 25 points or 1.8 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,435-point plateau and the losses may accelerate on Monday.
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KOSPI Predicted To Extend Losing Streak On Monday
The South Korea stock market has moved lower in three straight sessions, dropping more than 65 points or 2.8 percent along the way. The KOSPI now rests just beneath the 2,400-point plateau and it's likely to take further damage on Monday.
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more news
New Zealand Food Prices Skyrocket In February
Food prices in New Zealand surged 12.0 percent on year in February, Statistics New Zealand said on Monday - accelerating from the 10.3 percent annual increase in January.
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Malaysia Industrial Production Data Due On Monday
Malaysia will on Monday release January figures for industrial production, highlighting a light day for Asia-Pacific economic activity. Production is expected to rise 2.6 percent on year, slowing from 3.0 percent in December. Manufacturing production rose 6.9 percent in the previous month.
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Silicon Valley Bank Closed By Regulators Due To Inadequate Liquidity And Insolvency
The California-based Silicon Valley Bank was closed on Friday by regulators, and its assets have been seized due to inadequate liquidity and insolvency.
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TSX Sheds 1.55%, Ends At 2-month Low
The Canadian market ended sharply lower on Friday as worries about the potential fallout from the implosions of Silicon Valley Bank and Silvergate Capital triggered widespread selling.
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Dollar Loses Ground Against Major Counterparts After Jobs Data
The U.S. dollar shed ground against its major counterparts on Friday after data showing a rise in the jobless rate and slower wage growth in February tempered expectations for a 50 basis point hike from the Fed this month.
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U.S. Stocks Tumble On Widespread Selling On SVB Collapse
U.S. stocks tumbled on Friday and the major averages all ended notably lower as concerns about the potential fallout from the implosions of Silicon Valley Bank (SVB) and Silvergate Capital triggered a sell-off in the financial sector.
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