Actualités Forex
Indonesia Bourse May Test Resistance At 7,800 Points
The Indonesia stock market has moved higher in back-to-back sessions, gathering more than 35 points or 0.5 percent along the way. The Jakarta Composite Index now rests just above the 7,775-point plateau and it's expected to open in the green again on Wednesday.
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Australian Market Slightly Higher
Australian shares are trading slightly higher on Wednesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying well above the 8,100 level, following the broadly positive cues from Wall Street overnight, with gains in mining and energy stocks amid spiking commodity prices, partially offset by losses in financial stocks.
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Profit Taking Expected For Hong Kong Stock Market
The Hong Kong stock market moved emphatically back to the upside on Tuesday, one day after snapping the six-day winning streak in which it had surged more than 1,150 points or 6.4 percent. The Hang Seng Index now sits just above the 19,000-point plateau although it's expected to see a downward correction following Tuesday's rally that was fueled by Chinese stimulus.
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China Shares May See Downward Correction After Stimulus Rally
The China stock market has tracked higher in five straight sessions, advancing more than 150 points or 5.8 percent along the way. The Shanghai Composite now sits just above the 2,860-point plateau although it's due for profit taking on Wednesday.
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Win Streak Nay Continue For Taiwan Stock Market
The Taiwan stock market has moved higher in four straight sessions, collecting almost 775 points or 3.5 percent along the way. The Taiwan Stock Exchange now sits just above the 22,430-point plateau and it's expected to open to the upside again on Wednesday.
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Japan Producer Prices Climb 2.7% On Year In August
Producer prices in Japan were up 2.7 percent on year in August, the Bank of Japan said on Wednesday - unchanged from the July reading following an upward revision from 2.6 percent.
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Singapore Stock Market Likely To Remain Rangebound
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the seven-day winning streak in which it had surged more than 140 points or 3.9 percent. The Straits Times Index now sits just above the 3,620-point plateau and it figures to tick higher again on Wednesday.
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more news
South Korea Consumer Confidence Index Eases In September
Consumer sentiment in South Korea was slightly softer in September, the Bank of Korea said on Wednesday, with a Composite Consumer Sentiment Index (CCSI) score of 100.0 - down from 100.8 in August.
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Malaysia Bourse May Extend Tuesday's Gains
The Malaysia stock market bounced higher again on Tuesday, one day after ending the two-day winning streak in which it had gathered almost 10 points or 0.6 percent. The Kuala Lumpur Composite Index now rests just above the 1,670-point plateau and it may add to its winnings on Wednesday.
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South Korea Shares Tipped To Open In The Green
The South Korea stock market has moved higher in six straight sessions, improving almost 120 points or 4.6 percent along the way. The KOSPI now sits just above the 2,630-point plateau and it's got another positive lead for Wednesday's trade.
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Japan Producer Price Data Due On Wednesday
Japan will on Wednesday release August figures for producer prices, highlighting a light day for Asia-Pacific economic activity.
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TSX Continues Record Setting Spree, Rises Past 24k Mark
The Canadian benchmark S&P/TSX Composite Index moved past the 24,000 mark for the first ever time on Tuesday, as the market continued its record setting run amid hopes central banks will ease their monetary policies further to spur growth.
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Dollar Weakens Against Major Counterparts On Weak Data, Rate Cut Bets
The U.S. dollar turned weak against its major counterparts on Tuesday on bets the Fed will lower interest rates further in the coming months, and on data showing a notable deterioration in the nation's consumer confidence in the month of September.
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