Berita Forex
Hong Kong Bourse May Remain Stuck In Neutral
The Hong Kong stock market on Wednesday ended the three-day winning streak in which it had advanced almost 825 points or 3.9 percent. The Hang Seng Index now rests just above the 21,000-point plateau and now it's got an uninspired lead for Thursday's trade.
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Continued Consolidation Predicted For China Stock Market
The China stock market has finished lower in three straight sessions, sinking more than 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,265-point plateau and it may extend its losses on Thursday.
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Japan Manufacturing Sector Slows In June - Jibun
The manufacturing sector in Japan continued to expand in June, albeit at a slower rate, the latest survey from Jibun Bank revealed on Thursday with a manufacturing PMI score of 52.7.
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Mild Technical Rebound Likely For Taiwan Stock Market
The Taiwan stock market turned emphatically lower again on Wednesday, one day after ending the eight-day losing streak in which it had plummeted more than 1,300 points or 8.3 percent. The Taiwan Stock Exchange now rests just beneath the 15,350-point plateau and it's expected to remain rangebound on Thursday.
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Singapore Stock Market Tipped To Remain Rangebound
The Singapore stock market has alternated between positive and negative finishes through the last four three trading days since the end of the seven-day losing streak in which it had slumped more than 135 points or 4.4 percent. The Straits Times Index now rests just beneath the 3,095-point plateau and it's looking at a flat lead for Thursday's trade.
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Malaysia Stock Market Has Flat Lead For Thursday's Trade
The Malaysia stock market turned lower again on Wednesday, one day after halting the two-day losing streak in which it had fallen more than 30 points or 2.1 percent. The Kuala Lumpur Composite Index now rests just above the 1,430-point plateau and it's expected to see little movement on Thursday.
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Australia Manufacturing PMI Inches Higher - S&P Global
The manufacturing sector in Australia continued to expand in June, and at a slightly faster rate, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 55.8.
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Little Movement Predicted For South Korea Shares
The South Korea stock market headed south again on Wednesday, one session after snapping the two-day slide in which it had stumbled more than 60 points or 2.5 percent. The KOSPI now rests just above the 2,340-point plateau and it's expected to remain in that neighborhood again on Thursday.
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Australia Manufacturing PMI Data Due On Thursday
Australia will on Thursday see June results for the manufacturing, services and composite PMIs from S&P Global, highlighting a busy day for Asia-Pacific economic activity. In May, their scores were 55.7, 53.2 and 52.9, respectively.
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Dollar Slips Against Major Rivals
The U.S. dollar traded weak against its major counterparts on Wednesday amid a drop in bond yields as treasuries rose on fears that the Fed's commitment to tackle price pressures by hiking rates sharply is likely to cause a recession.
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TSX Ends Sharply Lower On Inflation Worries
The Canadian market ended sharply lower on Wednesday, weighed down by sharp losses in energy and materials sections.
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South Korea Producer Prices Rise 0.5% In May
Producer prices in South Korea were up 0.5 percent on month in May, the Bank of Korea said on Thursday - slowing from 1.6 percent in April.
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TSX Recovers From Day's Lows, But Still Looks Set To End On Weak Note
The Canadian market, which slipped deeper into the red after opening with a big negative gap, has regained a significant portion of lost ground Wednesday afternoon, but still remains firmly down in negative territory.
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