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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.
RTTNews | 905 दिनों पहले
Oversold Malaysia Bourse Tipped To Open In The Red Again

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.
RTTNews | 905 दिनों पहले
KOSPI Expected To Get Hammered Again On Tuesday

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.
RTTNews | 905 दिनों पहले
Japan Industrial Production Data Due On Tuesday

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.
RTTNews | 905 दिनों पहले
TSX Ends Sharply Lower As Stocks Tumble On Global Weakness

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.
RTTNews | 905 दिनों पहले
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European Stocks Close Sharply Lower On Recession Fears, Virus Jitters

European Stocks Close Sharply Lower On Recession Fears, Virus Jitters

European stocks tanked on Monday, extending losses from the previous session, as fears of a possible recession and news of a "ferocious" COVID-19 outbreak in Beijing's most populous district of Chaoyang sapped investors' appetite for riskier assets.
RTTNews | 905 दिनों पहले
UK Q2 GDP To Fall 0.4% In Q2: NIESR

UK Q2 GDP To Fall 0.4% In Q2: NIESR

Chances of a UK recession increased with fall in economic output in April and the economy is likely to shrink 0.4 percent in the second quarter amid a similar size fall in the services output, the National Institute of Economic and Social Research said Monday. Official data released earlier on Monday showed that gross domestic product fell 0.3 percent in the month of April despite strength in private services sectors. In May, NIESR forecast UK growth at 3.5 percent this year. "Strong growth in retail, hospitality and other services suggests that some households may have been able to smooth their consumption in the face of the inflation shock," NIESR Principal Economist Rory Macqueen said. "Manufacturing appears to be suffering as a result of the impact of high petrol and energy, with declines in 8 out of 13 sub-sectors, but April's overall decline was principally driven by the winding-down of the Test and Trace programme, which had made significant positive contributions to GDP over most of the Covid-19 period"
RTTNews | 905 दिनों पहले
U.S. Dollar Higher On Aggressive Rate Hike Hopes

U.S. Dollar Higher On Aggressive Rate Hike Hopes

The U.S. dollar appreciated against its most major counterparts in the European session on Monday, as hot U.S. inflation data drove the treasury yields higher and raised expectations that the Federal Reserve will continue to tighten policy aggressively in the coming months.
RTTNews | 905 दिनों पहले
Bay Street Seen Opening On Weak Note

Bay Street Seen Opening On Weak Note

Sharply lower Canadian and U.S. futures, weak global markets and falling commodities point to a gap down opening on Bay Street Monday morning.
RTTNews | 905 दिनों पहले

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