Actualités Forex
Hong Kong Stock Market Predicted To Head South Again On Tuesday
The Hong Kong stock market on Monday wrote a finish to the three-day slide in which it had slumped more than 750 points or 3.8 percent. The Hang Seng Index now sits just above the 20,160-point plateau although it's looking at a soft start again on Tuesday.
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China Stock Market Tipped To Remain Rangebound
The China stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day losing streak in which it had slumped almost 55 points or 1.7 percent. The Shanghai Composite Index now sits just beneath the 3,260-point plateau although it's expected to see renewed consolidation again on Tuesday.
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South Korea Inflation Rises 6.3% On Year In July
Consumer prices in South Korea were up 6.3 percent on year in July, Statistics Korea said on Tuesday - in line with expectations and accelerating from 6.0 percent in June.
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Taiwan Bourse May Extend Monday's Losses
The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had stumbled almost 150 points or 1.1 percent. The Taiwan Stock Exchange now rests just above the 14,980-point plateau and it may take further damage on Tuesday.
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Renewed Selling Pressure Likely For Singapore Stock Marke
The Singapore stock market bounced higher again on Monday, one session after snapping the three-day winning streak in which it had gathered almost 40 points or 1.2 percent. The Straits Times Index now rests just beneath the 3,240-point plateau although it figures to head south again on Tuesday.
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Malaysia Stock Market Due For Consolidation
The Malaysia stock market has moved higher in four straight sessions, gathering more than 40 points or 2.7 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,500-point plateau although it may run out of steam on Tuesday.
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South Korea Stock Market Likely To Run Out Of Steam
The South Korea stock market has finished higher in six straight sessions, gathering more than 55 points or 2.4 percent along the way. The KOSPI now rests just above the 2,450-point plateau although investors figure to cash in on Tuesday.
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Australia Rate Decision On Tap For Tuesday
The Reserve Bank of Australia will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is expected to hike its benchmark lending rate by 50 basis points, from 1.35 percent to 1.85 percent.
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Dollar Drifts Lower Against Major Counterparts
The U.S. dollar shed ground against its major rivals on Monday amid rising expectations that the Federal Reserve will likely slowdown the pace of its interest rate hikes in the coming months.
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U.S. Stocks Close Slightly Weak As Investors Look For Direction
After recording their best month in the Year in July, U.S. stocks turned in a sluggish performance on Monday, the first trading session of August, and ended slightly weak.
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U.S. Stocks Exhibiting Weakness In Cautious Trade
After a weak start and a subsequent rebound into positive territory, U.S. stocks lost their way again and are down in the red in afternoon trades on Monday.
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Swiss Market Ends Marginally Up
The Switzerland stock market closed marginally higher on Monday after moving in a very tight band right through the day's session.
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Major European Markets Close Slightly Lower After Volatile Session
European stocks, which had their best month of the year in July, began the new month on a somewhat volatile note and ended slightly lower on Monday with investors digesting the latest batch of earnings updates and weighing growth prospects amid rising interest rates and policy tightening by central banks.
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