Actualités Forex
China Stock Market Overdue For Support On Tuesday
The China stock market has finished lower in four straight sessions, tumbling almost 150 points or 4.4 percent in that span. The Shanghai Composite Index now sits just above the 3,115-point plateau although it may finally find its footing on Tuesday.
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Taiwan Stock Market Tipped To Find Traction On Tuesday
The Taiwan stock market has finished lower in two straight sessions, sinking almost 250 points or 1.8 percent along the way. The Taiwan Stock Exchange now rests just above the 14,425-point plateau although it's due for support on Tuesday.
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Renewed Support Called For Singapore Stock Market
The Singapore stock market headed south again on Monday, one session after halting the two-day slide in which it had fallen almost 25 points or 0.8 percent. The Straits Times Index now rests just above the 3,255-point plateau, although it's likely to bounce higher again on Tuesday.
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Japan Overall Inflation Jumps 3.0% On Year In August
Overall consumer prices in Japan were up 3.0 percent on year in August, the Ministry of Internal Affairs and Communications said on Tuesday.
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Malaysia Stock Market Tipped To Open In The Green
The Malaysia stock market has finished lower in five straight sessions, sinking almost 50 points or 3.3 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,450-point plateau although it may finally find traction on Tuesday.
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South Korea Bourse Tipped To Halt Losing Streak
The South Korea stock market has moved lower in four straight sessions, sinking almost 100 points or 4.2 percent along the way. The KOSPI now rests just above the 2,350-point plateau although it may stop the bleeding on Tuesday.
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TSX Ends On Firm Note
The Canadian market opened on a weak note on Monday, but recovered swiftly and kept moving higher as the session progressed to eventually close on a strong note, riding on gains in materials, technology and consumer discretionary shares.
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Dollar Fails To Hold Early Gains, Turns Mixed Against Major Rivals
After climbing higher amid rising speculation the Federal Reserve and several other central banks will aggressively hike interest rates to fight inflation, the U.S. dollar pared gains with traders turning slightly cautious.
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Japan Inflation Data Due On Tuesday
Japan will on Tuesday release August figures for consumer prices, headlining a modest day for Asia-Pacific economic activity. In July, overall inflation was up 0.5 percent on month and 2.6 percent on year, while core CPI rose an annual 2.4 percent.
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Swiss Market Ends Slightly Up
The Switzerland stock market ended marginally up, recovering in the final hour of the session after languishing in the red right from the start as investors stayed cautious, looking ahead to the central bank's policy meeting on Thursday.
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European Stocks Recover In The Final Hour, But Still Close On Weak Note
After a weak start and a subsequent long spell in negative territory, European markets staged a recovery past mid afternoon on Monday but still ended the session mostly lower.
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U.S. Homebuilder Confidence Slumps To Eight-Year Low In September
Homebuilder confidence in the U.S. declined for the ninth consecutive month in September, according to a report released by the National Association of Home Builders on Monday. The report showed the NAHB/Wells Fargo Housing Market Index slid to 46 in September from 49 in August. Economists had expected the index to edge down to 48.
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Dollar Little Changed After NAHB Housing Market Index
U.S. NAHB housing market index for September has been released at 10 am ET Monday. The greenback changed little against its major rivals after the data.
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