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BoJ Minutes: Japan Economy Shows Modest Recovery
members of the Bank of Japan's Monetary Policy Board agreed that Japan's economy has recovered modestly, and is expected to continue to do so, minutes from the board's September 19-20 monetary policy meeting revealed on Wednesday.
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Singapore Stock Market May Extend Its Gains
The Singapore stock market has moved higher in two straight sessions, gathering more than 25 points or 0.7 percent along the way. The Straits Times Index now sits just above the 3,580-point plateau and it's tipped to open in the green again on Wednesday.
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Win Streak May Continue For Malaysia Stock Market
The Malaysia stock market has finished higher in three straight sessions, collecting almost 20 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,620-point plateau and it may add to its winnings on Wednesday.
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KOSPI Expected To Recoup Tuesday's Losses
The South Korea stock market turned lower again on Tuesday, one day after ending the three-day losing streak in which it had stumbled almost 75 points or 2.9 percent. The KOSPI now sits just above the 2,575-point plateau although it's expected to bounce higher again on Wednesday.
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TSX Recovers After Weak Start, Ends On Firm Note
The Canadian market closed higher on Tuesday, riding on strong gains in utilities, consumer staples and healthcare sectors.
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BoJ Minutes To Be Released On Wednesday
The Bank of Japan will on Wednesday release the minutes from its September 19-20 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity.
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New Zealand Jobless Rate 4.8% In Q3
New Zealand posted a seasonally adjusted unemployment rate of 4.8 percent in the third quarter of 2024, Statistics New Zealand said on Wednesday.
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Dollar Slips Ahead Of Fed Policy
The U.S. Dollar drifted lower against its major counterparts on Tuesday amid uncertainty about the outcome of the U.S. Presidential Election, and caution ahead of the Federal Reserve's monetary policy.
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Canadian Market Up Firmly In Positive Territory
The Canadian market is up firmly in positive territory Tuesday afternoon, supported by gains in utilities, consumer staples, healthcare and technology sectors.
Investors are largely reacting to quarterly earnings reports, and keeping an eye on U.S. Presidential election.
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Swiss Market Ends Weak
Despite a positive spell early on in the session on Tuesday, the Switzerland market turned a bit sluggish and then drifted down to eventually close modestly lower, as some disappointing earnings news weighed on sentiment.
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European Stocks Close Higher As Markets Await Central Banks Rate Decisions
European stocks closed broadly higher on Tuesday with investors largely making cautious moves, digesting mixed earnings updates and economic data, and looking ahead to the monetary policy announcements from the Bank of England and the Federal Reserve.
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U.S. Dollar Weakens Amid Election Uncertainty
The U.S. dollar lost ground against its most major counterparts on Tuesday, as investors awaited the results from the presidential election.
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U.S. Services Index Unexpectedly Climbs To Two-Year High In October
Service sector activity in the U.S. unexpectedly grew at an accelerated rate in the month of October, according to a report released by the Institute for Supply Management on Tuesday. The ISM said its services PMI rose to 56.0 in October from 54.9 in September, with a reading above 50 indicating growth. The uptick surprised economists, who had expected the index to dip to 53.8.
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