Actualités Forex
Australian Market Tumbles After Holiday
The Australian stock market is tumbling on Tuesday after the long weekend, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 6,600 level, following the broadly negative cues from the global markets overnight, with a sell-off seen across all sectors amid the strong prospects the US Fed aggressively raising interest rates at its meeting on Wednesday.
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Lower Open Anticipated For Hong Kong Stock Market
The Hong Kong stock market has moved lower in three straight sessions, sinking almost 950 points or 4.3 percent along the way. The Hang Seng Index now rests just above the 21,065-point plateau and it's looking at another soft start again on Tuesday.
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China Stock Market May Extend Monday's Losses
The China stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had gathered more than 80 points or 2.6 percent. The Shanghai Composite Index now sits just above the 3,255-point and it may take further damage on Tuesday.
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Taiwan Bourse May Test Support At 16,000 Points
The Taiwan stock market has finished lower in three straight sessions, slumping more than 600 points or 3.7 percent along the way. The Taiwan stock Exchange now rests just above the 16,070-point plateau and it's expected to extend its losses on Tuesday.
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Another Soft Start Likely For Singapore Stock Market
The Singapore stock market has closed lower in four straight sessions, sinking more than 90 points or 3 percent along the way. The Straits Times Index now rests just beneath the 3,140-point plateau and it's tipped to open under pressure again on Tuesday.
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Oversold Malaysia Bourse Tipped To Open In The Red Again
The Malaysia stock market has finished lower in eight straight sessions, sinking more than 100 points or 6.9 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,465-point plateau and it's tipped to open in the red again on Tuesday.
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New Zealand Food Prices Jump 6.8% On Year In May
Food prices in New Zealand were up 6.8 percent on year in May, Statistics New Zealand said on Tuesday.
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KOSPI Expected To Get Hammered Again On Tuesday
The South Korea stock market has moved lower in five straight sessions, sinking more than 165 points or 6 percent along the way. Now at a 19-month closing low, the KOSPI rests just above the 2,500-point plateau and there is no relief in sight when the market opens on Tuesday.
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Dollar Climbs Higher Over Major Rivals On Rate Hike Bets
The U.S. dollar firmed against other major counterparts on Monday amid bets on sharper interest rate hikes from the Federal Reserve to tame soaring inflation.
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Japan Industrial Production Data Due On Tuesday
Japan will on Tuesday release final April figures for industrial production, highlighting a modest day for Asia-Pacific economic activity. In March, output was up 0.3 percent on month and down 1.7 percent on year, while capacity utilization sank 1.6 percent on month.
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TSX Ends Sharply Lower As Stocks Tumble On Global Weakness
The Canadian market ended sharply lower on Monday, extending losses from the previous session, as rising worries about global economic slowdown, higher bond yields and looming interest rate hikes triggered heavy selling across the board.
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Canadian Market Deep Down In Negative Territory On Growth Worries
The Canadian market remains deep down in negative territory Monday afternoon despite regaining a significant portion of lost ground.
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Swiss Market Closes Sharply Lower On Weak Global Cues
Swiss stocks fell sharply on Monday, tracking weak global markets amid rising fears of a possible recession, and on news about a surge in coronavirus cases in China.
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