Berita Forex
Rally May Stall For Thai Stock Market
The Thai stock market had climbed higher in three straight sessions, gathering almost a dozen points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,600-point plateau, although it may run out of steam on Monday.
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Japanese Market Slightly Higher
The Japanese stock market is slightly higher in choppy trading on Monday, extending the gains in the previous three sessions, with the Nikkei 225 moving above the 28,200 level, following the mixed cues from Wall Street on Friday, with gains in financial stocks, even as a better than expected US monthly jobs data again raised concerns about the outlook for interest rates.
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Indonesia Stock Market Due For Consolidation On Monday
The Indonesia stock market has finished higher in five straight sessions, rising more than 130 points or 2 percent along the way. The Jakarta Composite Index now sits just above the 7,080-point plateau although it's likely to open under pressure on Monday.
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Australian Market Modestly Lower
The Australian stock market is modestly lower on Monday, giving up some of the gains in the previous session, with the benchmark S&P/ASX 200 falling the 7,000 mark, following the mostly negative cues from Wall Street on Friday, as a better than expected US monthly jobs date again raised concerns about the outlook for interest rates.
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Hong Kong Stock Market Expected To Open In The Red
The Hong Kong stock market has moved higher in three consecutive sessions, advancing more than 510 points or 2.5 percent along the way. The Hang Seng now rests just above the 20.200-point plateau, although it's likely to run out of steam on Monday.
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Soft Start Predicted For China Stock Market
The China stock market has climbed higher in two straight sessions, gathering almost 65 points or 2 percent along the way. The Shanghai Composite Index now rests just above the 3,225-point plateau although it's expected to open under pressure on Monday.
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Taiwan Stock Market Expected To Remain Rangebound
The Taiwan stock market has moved higher in two of three trading days since the end of the two-day slide in which it had slumped more than 250 points or 1.7 percent. The Taiwan Stock Exchange now rests just above the 15,030-point plateau and it's likely to head south again on Monday.
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more news
Japan Overall Bank Lending Jumps 1.8% On Year In July
Overall bank lending in Japan was up 1.8 percent on year in July, the Bank of Japan said on Monday - coming in at 588.232 trillion yen.
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Japan Has Y132.4 Billion Current Account Shortfall In June
Japan posted a current account deficit of 132.4 billion yen in June, the Ministry of Finance said on Monday.
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Profit Taking Anticipated For Singapore Stock Market
The Singapore stock market has finished higher in five straight sessions, collecting more than 70 points or 2.2 percent along the way. The Straits Times Index now rests just above the 3,280-point plateau although it's due for correction on Monday.
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Malaysia Stock Market May Extend Friday's Losses
The Malaysia stock market turned lower again on Friday, one day after halting the two-day slide in which it had dropped nearly a dozen points or 0.8 percent. The Kuala Lumpur Composite Index new rests just above the 1,500-point plateau and it may take further damage on Monday.
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South Korea Stock Market May Run Out Of Steam On Monday
The South Korea stock market has finished higher in three straight sessions, improving more than 50 points or 2 percent along the way. The KOSPI now rests just above the 2.490-point plateau although investors may cash in on Monday.
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Japan Current Account Data On Tap For Monday
Japan will on Monday release June numbers for current account, highlighting a light day for Asia-Pacific economic activity. The current account is expected to show a deficit of 703.8 billion yen following the 128.4 billion yen surplus in May.
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