Berita Forex

Tech Shares May Weigh On South Korea Stocks

The South Korea stock market on Monday snapped the four-day winning streak in which it had advanced almost 65 points or 2.7 percent. The KOSPI now rests just above the 2,470-point plateau and it may tick lower again on Tuesday.
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Australia Rate Decision Due On Tuesday

Australia Rate Decision Due On Tuesday

The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is widely expected to hike its benchmark lending rate by 25 basis points, from 3.60 percent to 3.85 percent.
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European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

European stocks closed on a mixed note on Monday as some of the markets in the region failed to hold early gains and stayed somewhat sluggish before finishing a bit lower.
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Energy Stocks Lifting Canadian Market

Energy Stocks Lifting Canadian Market

The Canadian market is up firmly in positive territory around noon on Monday, extending gains to a seventh straight session.
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U.S. Construction Spending Unexpectedly Edges Slightly Lower In February

U.S. Construction Spending Unexpectedly Edges Slightly Lower In February

A report released by the Commerce Department on Monday unexpectedly showed a slight decrease in U.S. construction spending in the month of February. The report said construction edged down by 0.1 percent to an annual rate of $1.844 trillion in February after climbing by 0.4 percent to a revised rate of $1.845 trillion in January.
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U.S. Manufacturing Index Dips More Than Expected In March

U.S. Manufacturing Index Dips More Than Expected In March

Manufacturing activity in the U.S. contracted at a slightly faster rate in the month of March, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI dipped to 46.3 in March from 47.7 in February, with a reading below 50 indicating a contraction. Economists had expected the index to edge down to 47.5.
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Teck Resources Rejects Unsolicited Acquisition Offer From Glencore

Teck Resources Rejects Unsolicited Acquisition Offer From Glencore

Teck Resources Ltd. (TECK, TECK.A.TO) announced Monday that the Board of Directors of Teck has received and unanimously rejected an unsolicited and opportunistic acquisition proposal from Glencore plc (GLCNF.PK, GLNCY.PK, GLEN.L), which would see that company acquire Teck and subsequently separate to create two businesses, which would expose Teck shareholders to thermal coal and oil trading.
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Dollar Weakens As Banking Crisis Abates

Dollar Weakens As Banking Crisis Abates

The Dollar weakened against major currencies in the last week of March 2023, amidst an easing in the bank crisis that rocked the U.S almost a fortnight earlier.
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