Actualités Forex
Malaysia Stock Market May Snap Losing Streak On Tuesday
The Malaysia stock market has moved lower in three straight sessions, slipping more than 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,650-point plateau although it may find traction on Tuesday.
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New Zealand Building Permits Sink 5.3% In August
The total number of building permits issued in New Zealand was down a seasonally adjusted 5.3 percent on month in August, Statistics New Zealand said on Tuesday - coming in at 2,881 consents.
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BoJ Tankan On Tap For Tuesday
The Bank of Japan will on Tuesday release the results of its quarterly Tankan survey of business sentiment, highlighting a busy day for Asia-Pacific economic activity.
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TSX Ends Marginally Up After Cautious Session
The Canadian market, which slipped a bit deeper into the red around mid afternoon on Monday after moving in a narrow range till then, moved higher in the final hour thanks to some brisk buying at select counters.
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U.S. Dollar Advances As Powell Signals Modest Rate Cuts
The U.S. dollar rose against its major counterparts in the New York session on Monday, as Federal Reserve Chair Jerome Powell suggested that the central bank will continue to lower interest rates, but the pace of reduction is unclear.
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Canadian Market Modestly Lower In Lackluster Trade
Canadian stocks are turning in a mixed performance on Monday with investors largely making cautious moves while awaiting some crucial economic data and focusing on Fed Chair Jerome Powell's comments on interest rate moves.
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Powell Suggests Fed Will Continue To Lower Rates, But Rates Are Not On 'Preset Course'
Federal Reserve Chair Jerome Powell spoke before the annual meeting of the National Association for Business Economics on Monday, suggesting the central bank will continue to lower interest rates but stressing the downward path for rates is not on a "preset course."
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more news
Swiss Market Ends Moderately Lower
The Switzerland market ended weak on Monday after moving in a tight band right through the day's session as weak global markets and concerns about rising geopolitical tensions rendered the mood bearish.
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European Stocks Close Weak On Profit Taking, Geopolitical Tensions
European stocks closed on a weak note on Monday, weighed down by concerns about escalating geopolitical tensions, and profit taking after recent gains.
Automobile sector stocks were among the major losers. Decent strength in the commodities section helped limit markets' downside.
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Softer PCE Data Dims Dollar's Dazzle
The U.S. dollar slumped against major currencies during the week ended September 27 amidst further indications of a softening in inflation in the U.S. that boosted rate cut expectations.
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Chicago Business Barometer Indicates Continued Contraction In September
Chicago-area business activity saw a continued contraction in the month of September, according to a report released by MNI Indicators on Monday. MNI Indicators said its Chicago business barometer rose to 46.6 in September from 46.1 in August, but a reading below 50 still indicates contraction. Economists had expected the business barometer to inch up to 46.2.
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Apple Reportedly Exits From OpenAI's $6.5 Bln Funding Round
Apple Inc. is no longer in talks to participate in an upcoming funding round for Chatbot ChatGPT maker OpenAI, which is expected to raise as much as $6.5 billion, The Wall Street Journal reported citing people familiar with the matter.
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Bay Street Seen Opening Weak
Canadian shares are likely to open on a negative note Monday morning, weighed down by weak commodity prices and European stocks, and on escalating tensions in the Middle East.
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