Forex News
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as traders remain concerned aver the outlook for the global economy amid the energy crisis in Europe and the report of fresh COVID-19 related lockdowns in China following new virus outbreaks, with the sixth-largest city Chengdu entering full lockdown.
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859 days ago
Indian Shares May See Muted Start As Fed Worries Linger
Indian shares are likely to open on a cautious note Monday, tracking a muted trend elsewhere across other Asian markets.
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859 days ago
Mild Upside Seen For Thai Stock Market
The Thai stock market picked up less than a single point on Friday, but that was enough to end the two-day slide in which it had fallen more than 15 points or 1.1 percent. The Stock Exchange of Thailand now rests just above the 1,620-point plateau and it's looking at a steady start on Monday.
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859 days ago
Japanese Market Modestly Lower
The Japanese stock market is modestly lower on Monday, extending the losses in the previous three sessions, with the Nikkei 225 falling below the 27,600 level, following the broadly negative cues from Wall Street on Friday, with weakness in exporters and technology stocks.
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859 days ago
Indonesia Stock Market May Spin Its Wheels On Monday
The Indonesia stock market bounced higher again on Friday, one session after ending the two-day winning streak in which it had gathered more than 45 points or 0.7 percent. The Jakarta Composite Index now rests just above the 7,175-point plateau although it may be stuck in neutral on Monday.
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859 days ago
Australia Services PMI Ebbs In August - S&P Global
The services sector in Australia continued to expand in August, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a services PMI score of 50.2.
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859 days ago
Australian Market Modestly Higher
The Australian stock market is sharply lower on Monday, recouping some of the losses in the previous three sessions, with the benchmark S&P/ASX 200 staying above the 6,800 level, despite the broadly negative cues from Wall Street on Friday, with strength is mining and energy stocks amid a rebound in commodity prices.
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859 days ago
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Japan Services PMI Slips Into Contraction - Jibun Bank
The services sector fell into contraction territory in August, the latest survey from Jibun Bank revealed on Monday with a services PMI score of 49.5.
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859 days ago
Hong Kong Shares Due For Support On Monday
The Hong Kong stock market has moved lower in consecutive trading days, slumping more than 500 points or 2.5 percent along the way. The Hang Seng Index now rests just above the 19,450-point plateau and it's tipped to open in the green on Monday.
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859 days ago
China Stock Market May See Additional Support
The China stock market on Friday snapped the three-day slide in which it had dropped almost 60 points or 1.9 percent. The Shanghai Composite Index new sits just above the 3,185-point plateau and it may add to its winnings on Monday.
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859 days ago
Higher Open Anticipated For Taiwan Stock Market
The Taiwan stock market has finished lower in consecutive trading days, slumping more than 420 points or 2.9 percent along the way. The Taiwan Stock Exchange now rests just above the 14,670-point plateau although it's due for support on Monday.
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859 days ago
Singapore Bourse: Support Expected At 3,200 Points
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had picked up more than 15 points or 0.5 percent. The Straits Times Index now rests just above the 3,200-point plateau and it's expected to move higher again on Monday.
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859 days ago
Malaysia Shares May Find Traction On Monday
The Malaysia stock market has finished lower in two straight sessions, sinking more than 20 points or 1.3 percent along the way. The Kuala Lumpur Composite Index new rests just above the 1,490-point plateau although it may stop the bleeding on Monday.
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859 days ago
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