Forex Nyheter
Rebound Predicted For Singapore Stock Market
The Singapore stock market on Friday wrote a finish to the three-day winning streak in which it had gathered almost 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,210-point plateau although it's expected to bounce higher again on Monday.
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Malaysia Stock Market May Test Resistance At 1,500 Points
The Malaysia stock market has climbed higher in three straight sessions, gathering more than 30 points or 2 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,490-point plateau and it may extend its gains on Monday.
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Australia Manufacturing PMI Slips To 55.7 In July - S&P Global
The manufacturing sector in Australia continued to expand in July, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 55.7.
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New Zealand Building Permits Slip 2.3% In June
The total number of building permits issued in New Zealand was down a seasonally adjusted 2.3 percent on month in June, Statistics New Zealand said on Monday - coming in at 4,037.
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South Korea Stock Market Predicted To Open In The Green
The South Korea stock market has climbed higher in five straight sessions, gathering more than 55 points or 2.4 percent along the way. The KOSPI now rests just above the 2,450-point plateau and it's expected to add to its winnings again on Monday.
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Hong Kong GDP Data Due On Monday
Hong Kong will on Monday release an advance estimate of Q2 gross domestic product, setting the pace for a busy day in Asia-Pacific economic activity. GDP is expected to expand 3.8 percent on quarter and 0.6 percent on year after sinking 3.0 percent on quarter and 4.0 percent on year in the three months prior.
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TSX Extends Gains To 3rd Session, Rises Nearly 4.5% In Month
The Canadian market extended its winning streak to a third straight session, led by strong gains in energy, materials, healthcare and industrials sectors.
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more news
Dollar Retreats After Recovering From Early Weakness
The U.S. dollar fell in the Asian session on Friday, and after rebounding smartly on data showing an acceleration in the pace of consumer price growth in the U.S., retreated amid speculation the Fed might slow down the pace of interest rate hikes in the coming months.
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Canadian Market Marching Towards Another Strong Close
The Canadian market is up fairly sharply Friday afternoon, extending gains to a third session, with stocks from energy and materials sectors posting strong gains thanks to rising commodity prices.
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Swiss Market Ends Slightly Up
The Switzerland stock market ended marginally up on Friday after moving in a very tight range with investors weighing quarterly earnings updates and the recent post monetary policy meeting comments by the Fed Chief Jerome Powell.
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Solid Core Inflation Data Buoys U.S. Dollar
The U.S. dollar firmed against its major counterparts in the European session on Friday, as the Federal Reserve's preferred measure of core inflation accelerated in the month of June, sparking hopes that the central bank will continue its tightening cycle in the months ahead.
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European Stocks Close Notably Higher On Earnings, Economic Data
European stocks closed higher on Friday, extending recent gains, riding on data showing an acceleration in euro zone economic growth in the second quarter, and some encouraging earnings updates.
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U.S. Consumer Sentiment Rebounds Slightly More Than Initially Estimated
The University of Michigan released revised data on Friday showing consumer sentiment in the U.S. rebounded by slightly more than initially estimated in the month of July. The report showed the consumer sentiment index for July was upwardly revised to 51.5 from the preliminary reading of 51.1. Economists had expected the index to be unrevised.
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