Forex Nyheter
China Inflation Rises 0.3% On Year In May
Consumer prices in China were up 0.3 percent on year in May, the National Bureau of Statistics said on Wednesday.
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Mild Upside Seen For Indonesia Stock Market
The Indonesia stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had jumped almost 130 points or 1.9 percent. The Jakarta Composite Index now sits just above the 6,850-point plateau and it's likely to remain in that neighborhood on Wednesday.
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Japan Producer Prices Jump 0.7% In May
Producer prices in Japan were up 0.7 percent on month in May, the Bank of Japan said on Wednesday.
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Australian Market Notably Lower
Australian shares are trading notably lower on Wednesday, adding to the losses in the previous session, with the benchmark S&P/ASX 200 falling to near the 7,700 level, following the mixed cues from Wall Street overnight, with weakness in mining and financial stocks. Technology and energy stocks were mixed.
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Hong Kong Shares May See Bargain Hunting On Wednesday
The Hong Kong stock market has moved lower in two straight sessions, dropping more than 300 points or 1.6 percent along the way. The Hang Seng Index now sits just above the 18,175-point plateau although it's tipped to open in the green on Wednesday.
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China Bourse May Reverse Tuesday's Losses
The China stock market headed south again on Tuesday, one session after ending the two-day slide in which it had fallen more than 40 points or 1.3 percent. The Shanghai Composite Index now rests just beneath the 3,030-point plateau although it's likely to bounce higher again on Wednesday.
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Taiwan Stock Market May Find Support On Wednesday
The Taiwan stock market has finished lower in two straight sessions, sinking more than 110 points or 0.6 percent along the way. The Taiwan Stock Exchange now sits just above the 21,790-point plateau although it may stop the bleeding on Wednesday.
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Singapore Stock Market May Find Mild Support On Wednesday
The Singapore stock market has moved lower in three straight sessions, slipping more than 20 points or 0.7 percent along the way. The Straits Times Index now sits just beneath the 3,310-point plateau although it may stop the bleeding on Wednesday.
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Steady Start Seen For Malaysia Stock Market
The Malaysia stock market has ticked lower in two straight sessions, slipping more than 6 points or 0.4 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau although it's likely to find mild support on Wednesday.
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Tech Shares May Nudge South Korea Shares Higher
The South Korea stock market ticked higher again on Tuesday, one day after ending the two-day winning streak in which it had collected more than 60 points or 2.3 percent. The KOSPI now rests just above the 2,705-points plateau and it may see mild upside again on Wednesday.
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China Inflation Data Due On Wednesday
China will on Wednesday release May figures for consumer and producer prices, highlighting a light day for Asia-Pacific economic activity.
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TSX Ends At Near 6-week Low
The Canadian market ended at a near 6-week low on Tuesday, weighed down by losses in materials and financials stocks.
The mood remained cautious ahead of the Federal Reserve's monetary policy announcement, and some crucial economic data from the U.S., including reports on consumer price inflation, producer prices and consumer sentiment.
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Dollar Up Marginally Ahead Of Fed Policy
The dollar gained a bit against some of its major counterparts, and shed ground against a few others on Tuesday, as traders awaited the Federal Reserve's monetary policy announcement, and key economic data, including a report on consumer price inflation.
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