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China Stock Market May Find Traction On Thursday

The China stock market has tracked lower in three straight sessions, slipping almost 35 points or 1.1 percent along the way. The Shanghai Composite Index now sits just beneath the 3,120-point plateau although it may stop the bleeding on Thursday.
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Win Streak May Continue For Taiwan Stock Market

Win Streak May Continue For Taiwan Stock Market

The Taiwan stock market has tracked higher in four straight sessions, advancing almost 600 points or 3 percent along the way. The Taiwan Stock Exchange now sits just beneath the 21,150-point plateau and it's tipped to open in the green again on Thursday.
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Singapore Shares Likely To Reverse Wednesday's Losses

Singapore Shares Likely To Reverse Wednesday's Losses

The Singapore stock market on Wednesday ended 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 3,290-point plateau although it figures to see renewed support on Thursday.
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Japan GDP Slumps 0.5% In Q1

Japan GDP Slumps 0.5% In Q1

Japan's gross domestic product contracted a seasonally adjusted 0.5 percent on quarter in the first quarter of 2024, the Cabinet Office said on Thursday.
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Malaysia Shares Expected To Find Renewed Support

Malaysia Shares Expected To Find Renewed Support

The Malaysia stock market on Wednesday snapped 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 1,600-point plateau although it's likely to rebound on Thursday.
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Higher Open Anticipated For South Korea Stock Market

Higher Open Anticipated For South Korea Stock Market

Ahead of Wednesday's holiday for Buddha's birthday, the South Korea stock market had alternated between positive and negative finishes since the end of the two-day winning streak in which it had jumped almost 70 points or 2.6 percent. The KOSPI now sits just above the 2,730-point plateau and it's tipped to open in the green again on Thursday.
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TSX Snaps 3-day Losing Streak, Ends Modestly Higher

TSX Snaps 3-day Losing Streak, Ends Modestly Higher

After posting losses in the previous three sessions, the Canadian market turned a bit positive on Wednesday and ended the day's session modestly higher, led by gains in utilities and technology sectors.
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Japan GDP Fata Due On Thursday

Japan GDP Fata Due On Thursday

Japan will on Thursday release preliminary Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
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Dollar Extends Losses After Soft Inflation Data

Dollar Extends Losses After Soft Inflation Data

The U.S. dollar drifted lower on Wednesday, extending recent losses, as soft inflation data eased concerns about the outlook for interest rates.
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Swiss Market Ends On Strong Note

Swiss Market Ends On Strong Note

The Switzerland market ended on a strong note on Wednesday as stocks kept edging higher and higher after opening marginally up. Data showing a smaller than expected increase in U.S. consumer prices in the month of April helped ease concerns about interest rates, and rendered the mood positive.
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Soft Inflation Data, Retail Sales Pull Down U.S. Dollar

Soft Inflation Data, Retail Sales Pull Down U.S. Dollar

The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, as consumer inflation data and retail sales came in lower than expected in April, strengthening expectations that the Federal Reserve will reduce interest rate in September.
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