Actualités Forex
Asian Markets A Sea Of Green On Global Cues
Asian stock markets are mostly higher on Wednesday, following the broadly positive cues from global markets overnight, as global bond yields retreated and the US dollar weakened against major Asian currencies. Traders are also picking up stocks amid some hopes that the US Fed might slow down the pace of monetary policy tightening at its upcoming meetings. Asian Markets closed mixed on Tuesday.
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Japanese Market Sharply Higher
The Japanese stock market is sharply higher on Wednesday, extending the gains in the previous two sessions, with the Nikkei 225 moving up to nearly the 27,600 level, following the broadly positive cues from global markets overnight, amid hopes the US Fed might slow down the pace of its monetary tightening at its upcoming meetings.
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Additional Support Called For Thai Stock Market
The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gathered almost 30 points or 2 percent. The Stock Exchange of Thailand now rests just above the 1,600-point plateau and it's expected to add to its winnings on Wednesday.
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Indonesia Bourse Inherits Strong Lead For Wednesday
The Indonesia stock market on Tuesday wrote a finish to the six-day winning streak in which it had spiked almost 250 points or 3.6 percent. The Jakarta Composite Index now rests just beneath the 7,050-point plateau although it's expected to open higher again on Wednesday.
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Australian Market Slightly Higher
The Australian stock market is slightly higher on Wednesday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 6,800 level, following the broadly positive cues from global markets overnight, as global bond yields and the US dollar retreated. Stocks gave up ground from the morning's highs after domestic inflation data came in hotter than expected.
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Hong Kong Stock Market Expected To Halt Losing Streak
The Hong Kong stock market has finished lower in five straight sessions, tumbling almost 1,750 points or 10.8 percent along the way. The Hang Seng Index now sits just above the 15,165-point plateau although it's likely overdue for support on Wednesday.
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China Stock Market May Find Traction On Wednesday
The China stock market has moved lower in back-to-back sessions, surrendering almost 65 points or 2.1 percent along the way. The Shanghai Composite Index now sits just above the 2,975-point plateau although it may stop the bleeding on Wednesday.
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more news
Australia Inflation Spikes 7.3% On Year In Q3
Consumer prices in Australia surged 7.3 percent on year in the third quarter of 2022, the Australian Bureau of Statistics said on Wednesday - exceeding expectations for an increase of 7.0 percent and accelerating from 6.1 percent in the previous three months.
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Renewed Support Called For Taiwan Stock Market
The Taiwan stock market turned lower again on Tuesday, one day after snapping the three-day slide in which it had slumped more than 300 points or 2.4 percent. The Taiwan Stock Exchange now rests just beneath the 12,670-point plateau although it's expected to bounce higher again on Wednesday.
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Singapore Stock Market Tipped To Extend Tuesday's Gains
The Singapore stock market on Tuesday ended the three-day losing streak in which it had fallen more than 55 points or 1.8 percent. The Straits Times Index now rests just beneath the 2,985-point plateau and it may see additional support on Wednesday.
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Malaysia Stock Market May Reverse Tuesday's Losses
The Malaysia stock market on Tuesday halted the six-day winning streak in which it had gathered more than 70 points or 5.1 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,445-point plateau although it's likely to bounce higher again on Wednesday.
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KOSPI Poised To Bounce Higher Again On Wednesday
The South Korea stock market ticked lower again on Tuesday, one session after ending the three-day losing streak in which it had dropped more than 35 points or 1.5 percent. The KOSPI now rests just above the 2,215-point plateau although it's predicted to rebound again on Wednesday.
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Australia Inflation Data Due On Wednesday
Australia will on Wednesday release Q3 figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity.
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