Actualités Forex
Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from global markets overnight, as traders seemingly pausing to assess the near-term outlook for the markets and indulged in taking out some profit from the market following recent gains after the recent rally. Asian markets ended mostly higher on Thursday.
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Sensex, Nifty Likely To Open On Lackluster Note
Indian shares are likely to open on a muted note Friday, mirroring tepid cues from global markets.
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Lower Open Predicted For Thai Stock Market
The Thai stock market bounced higher again on Thursday, one day after ending the three-day winning streak in which it had improved 7 points or 0.5 percent. The Stock Exchange of Thailand now sits just above the 1,375-point plateau although it's looking at a soft start on Friday.
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Japanese Market Notably Lower
The Japanese stock market is notably lower on Friday, snapping a five-session winning streak, following the broadly negative cues from global markets overnight. The benchmark Nikkei 225 is falling below the 38,800 level, with weakness in index heavyweights and technology stocks partially offset by gains in financial stocks.
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Indonesia Stock Market May Be Stuck In Neutral On Friday
The Indonesia stock market has moved higher in two straight sessions, gathering more than 160 points or 2.3 percent along the way. The Jakarta Composite Index now sits just beneath the 7,250-point plateau although it may run out of steam on Friday.
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Australian Market Notably Lower
Giving up some of the gains in the previous two sessions, the Australian stock market is notably lower on Friday, following the broadly negative cues from global markets overnight. The benchmark S&P/ASX 200 is staying below the 7,900 level, with losses across most sectors led by gold miners and technology stocks. Iron ore miners are up amid firmer iron ore prices.
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Hong Kong Shares May Head South Again On Friday
The Hong Kong stock market bounced higher again on Thursday, one session after ending the three-day winning streak in which it had rallied almost 800 points or 4.4 percent. The Hang Seng Index now sits just above the 19,375-point plateau although it's likely to open under water on Friday.
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China Bourse May Surrender Support At 3,100 Points
The China stock market on Thursday snapped the three-day losing streak in which it had slumped almost 35 points or 1.1 percent. The Shanghai Composite Index now sits just above the 3,120-point plateau although it's likely to open in the red again on Friday.
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Taiwan Stock Market Due For Profit Taking
The Taiwan stock market has tracked higher in five straight sessions, advancing more than 750 points or 3.8 percent along the way. The Taiwan Stock Exchange now sits just above the 21,300-point plateau although investors figure to lock in gains on Friday.
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Renewed Selling Pressure Tipped For Singapore Shares
The Singapore stock market rebounded on Thursday, one day after snapping the four-day winning streak in which it had advanced almost 50 points or 1.5 percent. The Straits Times Index now rests just beneath the 3,305-point plateau although it may head south again on Friday.
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Malaysia Bourse May Hand Back Thursday's Gains
The Malaysia stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had picked up more than 5 points or 0.3 percent. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau although it's likely to see renewed consolidation on Friday.
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Rally May Stall For South Korea Stock Market
The South Korea stock market has moved higher in back-to-back sessions, advancing more than 25 points or 1 percent along the way. The KOSPI now sits just above the 2,750-point plateau although it may spin its wheels on Friday.
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China Data On Tap For Friday
China is scheduled to release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are April figures for industrial production, retail sales, fixed asset investment and unemployment.
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