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Continued Consolidation Called For Hang Seng
The Hong Kong stock market on Friday snapped the three-day winning streak in which it had surged almost 1,260 points or 8.3. The Hang Seng Index now rests just above the 15,950-point plateau and it may extend its losses on Monday.
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China Shares May Run Out Of Steam On Monday
The China stock market has moved higher in four straight sessions, accelerating more than 150 points or 5.5 percent along the way. The Shanghai Composite Index now rests just above the 2,910-point plateau although the rally may stall on Monday.
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Tech Shares May Weigh On Taiwan Stock Market
The Taiwan stock market on Friday ended the six-day winning streak in which it had surged more than 825 points or 4.7 percent. The Taiwan Stock Exchange now sits just beneath the 18,000-point plateau and it may take further damage on Monday.
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Singapore Shares Tipped To Remain Rangebound
The Singapore stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had slipped more than 15 points or 0.4 percent. The Straits Times Index now sits just beneath the 3,160-point plateau and it's expected to see little movement again on Monday.
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Malaysia Stock Market Due For Profit Taking
The Malaysia stock market has moved higher in five straight sessions, collecting more than 25 points or 1.5 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,505-point plateau although investors may lock in gains on Monday.
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South Korea Bourse May Be Stuck In Neutral
The South Korea stock market has moved higher in back-to-back sessions, advancing almost 10 points or 0.4 percent along the way. The KOSPI market now rests just beneath the 2,480-point plateau and it's likely to remain in that neighborhood again on Monday.
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New Zealand Posts NZ$323 Million Trade Deficit
New Zealand had a merchandise trade deficit of NZ$323 million in December, Statistics New Zealand said on Monday.
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Berita lainnya
New Zealand Trade Deficit NZ$323 Million In December
New Zealand posted a merchandise trade deficit of NZ$323 million in December, Statistics New Zealand said on Monday.
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New Zealand Trade Data Due On Monday
New Zealand will on Monday release December figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
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Dollar Drifts Lower After PCE Data
The U.S. dollar traded weak against most of its major counterparts on Friday amid bets the Federal Reserve will start cutting rates sometime soon this year after data showed the nation's core PCE inflation came in lower than expected in December.
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TSX Ends Marginally Up, Gains 1.05% In Week
Canadian stocks swung between gains and losses in a tight band in cautious trade on Friday before ending the day's session marginally up, with investors largely refraining from making significant moves as they continued to assess the likely move of the Federal Reserve next week.
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Canadian Stocks Mixed In Cautious Trade
After a weak start and a subsequent recovery, the Canadian market pared gains and is down slightly Friday afternoon with investors largely making cautious moves, awaiting the Federal Reserve's monetary policy meeting next week.
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Soft Core PCE Inflation Data Pulls Down U.S. Dollar
The U.S. dollar dipped against its most major counterparts in the New York session on Friday, as core PCE inflation came in lower than expected in December, suggesting that the Federal Reserve is likely to start cutting rates by the summer.
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