Forex Nyheter
China Industrial Output Slows In October
Industrial production in China was up 5.0 percent on year in October, the National Bureau of Statistics said on Tuesday.
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Soft Start Called For Indonesia Stock Market
The Indonesia stock market has alternated between positive finished through the last five trading days since the end of the three-day winning streak in which it had advanced more than 85 points or 1.2 percent. The Jakarta Composite Index now sits just beneath the 7,020-point plateau and it may see additional selling pressure on Tuesday.
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Australian Market Modestly Lower
The Australian stock market modestly lower on Tuesday, extending the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 7,100 level, following the broadly negative cues from Wall Street overnight, led by losses in mining and energy stocks amid weaker commodity prices. Traders also remain cautious amid concerns about the outlook for interest rate hikes.
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Consolidation Anticipated For Hong Kong Stock Market
The Hong Kong stock market has finished higher in consecutive trading days, skyrocketing more than 1,600 points or 10 percent along the way. The Hang Seng Index now rests just beneath the 17,620-point plateau although it's likely to see consolidation of Tuesday.
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China Stock Market Tipped To Open In The Red
The China stock market turned lower again on Monday, one session after snapping the three-day slide in which it had stumbled more than 40 points or 1.4 percent. The Shanghai Composite Index now sits just beneath the 3,085-point plateau and the losses may accelerate on Tuesday.
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RBA Minutes: More Rate Hikes Expected To Combat Inflation
Members of the Reserve Bank of Australia's Monetary Policy Board agreed that inflation continues to be too high, and that further interest rate increases would be necessary, minutes from the bank's Nov. 1 meeting revealed on Tuesday.
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Taiwan Stock Market May Run Out Of Steam On Tuesday
The Taiwan stock market has finished higher in back-to-back sessions, surging 670 points or 5.1 percent along the way. The Taiwan Stock Exchange now rests just above the 14,170-point plateau although the rally may stall on Tuesday.
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more news
Japan GDP Contracts In Q3
Japan's gross domestic product was down an annualized 1.2 percent on year in the third quarter of 2022, the Cabinet Office said in Tuesday's preliminary reading.
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Singapore Bourse Due For Profit Taking On Tuesday
The Singapore stock market has climbed higher in seven straight sessions, improving almost 160 points or 5.1 percent along the way. The Straits Times Index now rests just above the 3,260-point plateau although investors may cash in on Tuesday.
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Soft Start Seen For Malaysia Stock Market
The Malaysia stock market on Monday snapped the three-day winning streak in which it had gathered almost 30 points or 2 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,465-point plateau and it's predicted to open under pressure again on Tuesday.
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South Korea Bourse May Extend Monday's Losses
The South Korea stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had soared almost 100 points or 4 percent. The KOSPI now rests just beneath the 2,475-point plateau and it may take further damage on Tuesday.
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TSX Sheds Nearly 1%
The Canadian market ended notably lower on Monday, weighed down by sharp losses in healthcare, technology, energy and utilities sections.
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Japan GDP Data On Tap For Tuesday
Japan will on Tuesday release preliminary Q3 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rose 0.3 percent on quarter and 1.1 percent on year after gaining 0.9 percent on quarter and 3.5 percent on year in the second quarter.
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