Forex News
Singapore Stock Market May Open Under Pressure Again On Monday
The Singapore stock market on Friday snapped the modest two-day winning streak in which it had gathered almost 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,590-point plateau and it may tick lower again on Monday.
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29 days ago
Malaysia Bourse Tipped To Extend Losing Streak
The Malaysia stock market has moved lower in five straight sessions, slipping almost 30 points or 1.8 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,620-point plateau and it's expected to open under water again on Monday.
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29 days ago
South Korea Stock Market May Be Stuck In Neutral
The South Korea stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day slide in which it had slumped almost 40 points or 1.6 percent. The KOSPI now sits just above the 2,580-point plateau and it's likely to remain rangebound again on Monday.
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29 days ago
Hong Kong Trade Data Due On Monday
Hong Kong will on Monday release September figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
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29 days ago
TSX Ends Modestly Lower, Drops Nearly 1.5% In Week
The Canadian market ended on a weak note on Friday, extending losses to a fifth straight session, on concerns about the outlook for economic growth, and on uncertainty about the outcome of the upcoming U.S. presidential election.
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31 days ago
Dollar Rises Against Major Counterparts
After staying quite subdued during the Asian and European sessions, and early on in the New York session, the U.S. dollar climbed higher on Friday amid bets the Federal Reserve will be less aggressive with regard to interest rate cuts, and on speculation former President Donald Trump coming to power for a second term.
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31 days ago
Gold Futures Settle Modestly Higher For The Session, Gain 1% In Week
Gold futures settled higher on Friday despite a slightly stronger dollar, as rising predictions of a Trump presidency as well as geopolitical tensions in the Middle East pushed up demand for the safe-haven yellow metal.
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31 days ago
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Swiss Market Ends Slightly Higher
The Switzerland market ended slightly up on Friday after a choppy session as investors largely refrained from making significant moves due to a lack of triggers.
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31 days ago
Major European Markets Close Slightly Lower
European stocks closed slightly lower on Friday with investors largely reacting to quarterly earnings results, and assessing the outlook for growth in the wake of recent economic data.
Persisting worries about tensions in the Middle East and uncertainty about the outcome of the upcoming U.S. presidential election weighed a bit on stocks.
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31 days ago
Canadian Dollar Weakens In Cautious Trade
The Canadian dollar declined against its major counterparts in the New York session on Friday, as investors became cautious ahead of the U.S presidential election, jobs data and key tech earnings.
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31 days ago
Canadian Market Modestly Lower In Lackluster Trade
Canadian stocks are turning in a mixed performance on Friday with investors digesting a slew of Canadian earnings updates from the U.S. and Canada, as well as the latest batch of economic releases.
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31 days ago
U.S. Consumer Sentiment Unexpectedly Improves To Six-Month High In October
Consumer sentiment in the U.S. unexpectedly improved in the month of October, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for October was upwardly revised to 70.5 from a preliminary reading of 68.9. Economists had expected the index to be upwardly revised slightly to 69.0.
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31 days ago
U.S. Durable Goods Orders Fall More Than Expected As Aircraft Demand Slumps
Reflecting a continued slump by orders for transportation equipment, the Commerce Department released a report on Friday showing new orders for U.S. manufactured durable goods fell by more than expected in the month of September. The Commerce Department said durable goods orders slid by 0.8 percent in September, matching a revised decrease in August.
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31 days ago
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