Forex News
Additional Support Called For China Stock Market
The China stock market has moved higher in four straight sessions, collecting more than 35 points or 1.2 percent in that span. The Shanghai Composite Index now sits just above the 2,975-point plateau and it may tick higher again on Wednesday.
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105 days ago
Taiwan Stock Market Poised To Open To The Upside Again On Wednesday
The Taiwan stock market on Tuesday ended the two-day slide in which it had dropped more than 500 points or 2.1 percent. The Taiwan Stock Exchange now sits just beneath the 24,000-point plateau and it's expected to find additional support on Wednesday.
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105 days ago
Singapore Stock Market May Reverse Tuesday's Losses
The Singapore stock market on Tuesday wrote a finish to the five-day winning streak in which it had jumped more than 90 points or 2.8 percent. The Straits Times Index now rests just beneath the 3,490-point plateau although it's likely to bounce higher again on Wednesday.
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105 days ago
New Zealand Annual Inflation Climbs 3.3% In Q2
Consumer prices in New Zealand were up 3.3 percent on year in the second quarter of 2024, Statistics New Zealand said on Wednesday.
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105 days ago
Malaysia Bourse Expected To Remain Rangebound
The Malaysia stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had gained almost a dozen points or 0.7 percent. The Kuala Lumpur Composite Index now rests just above the 1,625-point plateau although it figures to bounce higher again on Wednesday.
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105 days ago
KOSPI Tipped To Add To Its Winnings Again On Wednesday
The South Korea stock market has finished higher in back-to-back sessions, gathering almost 10 points or 0.3 percent along the way. The KOSPI now sits just above the 2,865-point plateau and it's expected to open in the green once again on Wednesday.
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105 days ago
New Zealand Inflation Data Due On Wednesday
New Zealand will on Wednesday see Q2 numbers for consumer prices, highlighting a modest ay for Asia-Pacific economic activity.
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105 days ago
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TSX Posts Record Closing High On Soft Inflation Data
The Canadian market climbed to fresh intraday and closing highs on Tuesday as soft inflation data raised expectations of an interest rate cut by the Bank of Canada next week.
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105 days ago
Dollar Rises On Retail Sales Data
The U.S. dollar climbed higher on Tuesday thanks to data showing stronger than expected retail sales and import prices data, but pared gains subsequently and turned a bit weak against some of its major counterparts.
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105 days ago
Swiss Market Ends Marginally Down
The Switzerland market ended marginally down on Tuesday after languishing in negative territory right through the day's session, as investors refrained from making significant moves amid a lack of triggers.
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105 days ago
European Stocks Close Lower After Cautious Session
European stocks closed lower on Tuesday with investors making largely cautious moves ahead of some key economic data from the region, including readings on inflation.
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105 days ago
TSX Rises To Fresh Record High, Eyes 23k Mark
The Canadian market is up firmly in positive territory Tuesday morning, with soft inflation data triggering strong buying at several counters. The benchmark S&P/TSX Composite, which has hit a fresh record high, looks well on course to move past the 23k milestone.
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105 days ago
U.S. Homebuilder Confidence Unexpectedly Edges Lower In July
With high mortgage rates continuing to put a damper on sentiment, the National Association of Home Builders released a report on Tuesday showing homebuilder confidence in the U.S. unexpectedly edged lower in the month of July. The report said the NAHB/Wells Fargo Housing Market Index dipped to 42 in July from 43 in June. Economists had expected the index to inch up to 44.
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105 days ago
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