Actualités Forex
Additional Support Called For Hong Kong Stock Market
The Hong Kong stock market bounced higher again on Friday, one day after snapping the two-day winning streak in which it had collected more than 240 points or 1.1 percent. The Hang Seng Index now rests just above the 21,075-point plateau and it may add to its winnings on Monday.
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Mild Upside Predicted For China Stock Market
The China stock market rebounded on Friday, one session after snapping the two-day winning streak in which it had advanced almost 50 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,315-point plateau and it's looking at a steady start for Monday's trade.
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Taiwan Bourse May Finally Snap Losing Streak
The Taiwan stock market has finished lower in seven straight sessions, slumping more than 1,025 points or 6.5 percent along the way. The Taiwan stock Exchange now rests just above the 15,640-point plateau although it may finally stop the bleeding on Monday.
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Overbought Singapore Stock Market Called Higher On Monday
The Singapore stock market on Friday halted the seven-day losing streak in which it had slumped more than 135 points or 4.4 percent. The Straits Times Index now rests just beneath the 3,100-point plateau and it may extend its gains on Monday.
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Malaysia Shares May See Positive Bounce On Monday
The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the eight-day losing streak in which it had lost more than 100 points or 6.9 percent. The Kuala Lumpur Composite Index now rests just above the 1,455-point plateau although it figures to move higher again on Monday.
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Rebound Anticipated For South Korea Stock Market
The South Korea stock market headed south again on Friday, one session after snapping the seven-day losing streak in which it had plummeted more than 220 points or 8.4 percent. The KOSPI now rests just above the 2,440-point plateau although it figures to bounce higher again on Monday.
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New Zealand Services Data Due On Monday
New Zealand will on Monday see May results for the Performance of Services Index from BusinessNZ, highlighting a light day for Asia-Pacific economic activity. In April, the index score was 51.4.
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more news
TSX Ends Modestly Lower After Volatile Session
The Canadian market ended modestly lower on Friday after stocks turned in a mixed performance in cautious trade as investors assessed the possible impact of the rate hikes by central banks on global growth.
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Dollar Climbs Higher, Posts Strong Gains Against Major Counterparts
The U.S. dollar surged higher on Friday, reacting to comments from Federal Reserve Chairman Jerome Powell that the central bank's commitment to price stability has been contributing to the confidence in the currency.
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Canadian Shares Swinging Between Gains And Losses, Look Headed For Mixed Close
Canadian shares are swinging between gains and losses in cautious trade on Friday, with investors assessing the likely impact of the interest rate hikes by central banks on economic growth.
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Swiss Market Ends Modestly Lower
The Switzerland stock market recovered after a sluggish start on Friday, but after staying positive till a little past mid afternoon, slipped into negative territory to eventually end the session modestly lower.
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European Stocks Fail To Hold Early Gains, End On Mixed Note
European stocks failed to hold early gains and ended on a mixed note on Friday with investors assessing the likely impact of the interest rate hikes announced by central banks including the Federal Reserce and the Bank of England, on global economic growth.
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U.S. Leading Economic Index Decreases In Line With Estimates In May
The Conference Board released a report on Friday showing a continued decrease by its reading on leading U.S. economic indicators in the month of May. The report showed the Conference Board's leading economic index fell by 0.4 percent in May, matching the revised drop seen in April.
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