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Berita Forex
Win Streak May End For Taiwan Stock Market
The Taiwan stock market has finished higher in three straight sessions, surging more than 450 points or 3.8 percent along the way. The Taiwan Stock Exchange now rests just above the 14,750-point plateau although it may run out of steam on Tuesday.
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Renewed Selling Pressure Tipped For Singapore Shares
The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had slipped almost 10 points or 0.3 percent. The Straits Times Index now rests just above the 3,300-point plateau although it may head south again on Tuesday.
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Malaysia Bourse May Hand Back Monday's Gains
The Malaysia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had dropped more than 25 points or 1.7 percent. The Kuala Lumpur Composite Index now rests just above the 1,490-point plateau although it may see renewed consolidation on Tuesday.
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South Korea Has $0.62 Billion Current Account Deficit
South Korea posted a current account deficit of $0.62 billion in November, the Bank of Korea said on Tuesday - following the $0.883 billion surplus in October.
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South Korea Current Account Slips To Deficit In November
South Korea had a current account deficit of $0.62 billion in November, the Bank of Korea said on Tuesday - following the $0.883 billion surplus in October.
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South Korea Stocks May See Profit Taking On Tuesday
The South Korea stock market has climbed higher in four straight sessions, advancing more than 130 points or 5.8 percent along the way. The KOSPI now rests just above the 2,350-point plateau although investors may cash in on Tuesday.
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TSX Ends Modestly Higher
After opening modestly higher and moving up further Monday morning, the Canadian market kept paring gains past noon as the mood turned cautious following some slightly hawkish comments from a couple of Fed officials.
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Japan Household Spending Data Due On Tuesday
Japan will on Tuesday release November numbers for household spending, highlighting a modest day for Asia-Pacific economic activity. Spending is expected to fall 0.5 percent on month and rise 0.5 percent on year after gaining 1.1 percent on month and 1.2 percent on year in October.
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Dollar Sheds Ground On Hopes Fed Will Slow Down Pace Of Policy Tightening
The U.S. dollar shed ground against most of its major counterparts on Monday with investors betting on a slower pace of policy tightening by the Federal Reserve following data showing a slower pace of wage growth in December.
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U.S. Stocks Fail To Hold Early Gains, End On Mixed Note
U.S. stocks failed to hold gains and ended on a mixed note on Monday as the mood turned cautious past mid afternoon after some Fed officials said the central bank will have to keep raising rates.
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Canadian Market Holding In Positive Territory; Technology Stocks Rally
Canadian shares are holding in positive territory Monday afternoon, led by gains in technology sector thanks to a drop in bond prices amid bets the Fed will slow its pace of monetary tightening.
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U.S. Stocks Up Firmly In Positive Territory; Tech Stocks Outperform
U.S. stocks are up firmly in positive territory Monday afternoon with the technology sector turning in a fine performance after bond yields dropped amid bets the Federal Reserve will slow down the pace of its interest rate hikes in the coming months.
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Swiss Market Ends On Firm Note On Positive Global Cues
The Switzerland stock market ended on a firm note on Monday, in line with markets across Europe, as the mood remained fairly bullish on hopes the Federal Reserve will slow down the pace of its interest rate hikes following last week's data showing a contraction in U.S. service sector activity.
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