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Malaysia Stock Market May Extend Losing Streak
The Malaysia stock market has closed lower in eight straight sessions, slumping almost 70 points or 4.4 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,395-point plateau and it's looking at another hostile lead for Monday's trade.
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Australia Manufacturing PMI Slows To 53.5 In September - S&P Global
The manufacturing sector in Australia continued to expand in September, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 53.5.
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Japan Tankan Survey Data Due On Monday
The Bank of Japan will on Monday release the results of its quarterly Tankan Survey of business sentiment, highlighting a modest day for Asia-Pacific economic activity.
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TSX Fails To Hold Gains, Ends Flat
The Canadian market rallied after a slightly weak start on Friday, but shed gains gradually towards the end of the session and finally settled flat.
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Dollar Turns In Mixed Performance Against Major Counterparts
The U.S. dollar climbed higher Friday morning on hopes the Fed will rise continue to raise rates aggressively after data from the Commerce Department showed the core personal consumption expenditure price index increased more than expected.
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Swiss Market Ends On Bright Note
The Switzerland market ended on a strong note on Friday, as data showing an acceleration in Swiss retail sales, and bargain hunting lifted stock prices.
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European Stocks Close On Firm Note
European markets closed on a firm note on Friday, as stocks saw some spirited buying, tracking a recovery in the U.S. market on hopes the Fed is monitoring the volatile swings witnessed by the global markets due to aggressive monetary policy tightening.
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Canadian Market Moderately Higher At Noon
After a cautious start, the Canadian market rallied Friday morning, thanks to strong buying in various sectors.
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U.S. Dollar Higher As Core Inflation Accelerates
The U.S. dollar held firm against its major opponents in the New York session on Friday, as core personal consumption expenditure price index, the Federal Reserve's preferred measure of inflation, increased more than expected in August, supporting expectations that the central bank will continue to raise rates aggressively.
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U.S. Consumer Sentiment Improves Less Than Previously Estimated In September
Consumer sentiment in the U.S. improved by less than initially estimated in the month of September, according to revised data released by the University of Michigan on Friday. The University of Michigan said the consumer sentiment index for September was downwardly revised to 58.6 from the preliminary estimate of 59.5.
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Chicago Business Barometer Unexpectedly Indicates Contraction In September
Chicago-area business activity unexpectedly contracted in the month of September, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer slumped to 45.7 in September from 52.2 in August, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 51.8.
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U.S. Personal Income Rises 0.3% In August, In Line With Estimates
Personal income in the U.S. increased in line with economist estimates in the month of August, according to a report released by the Commerce Department on Friday. The Commerce Department said personal income rose by 0.3 percent in August, matching the upwardly revised increase in July as well as expectations.
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Carnival Corp. Q3 Results Miss Estimates
Carnival Corporation & plc (CCL) reported Friday that net loss for the third quarter sharply narrowed to $770 million or $0.65 per share from $2.84 billion or $2.50 per share in the prior-year quarter.
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