Berita Valas
Hong Kong Bourse May Take Further Damage On Wednesday
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had dropped more than 600 points or 3.4 percent. The Hang Seng Index now sits just above the 17,330-point plateau and it may extend its losses on Wednesday.
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Taiwan Stock Market Expected To Open Under Pressure
The Taiwan stock market on Tuesday halted the three-day winning streak in which it had advanced more than 280 points or 1.8 percent. The Taiwan Stock Exchange now sits just above the 16,450-point plateau and it may take further damage on Wednesday.
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Losing Streak May Continue For Singapore Stock Market
The Singapore stock market has moved lower in back-to-back sessions, falling more than 25 points or 1.2 percent along the way. The Straits Times Index now sits just above the 3,190-point plateau and the losses may accelerate on Wednesday.
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Renewed Selling Pressure Expected For Malaysia Shares
The Malaysia stock market on Tuesday wrote a finish to the three-day losing streak in which it had stumbled more than 25 points or 1.8 percent. The Kuala Lumpur Composite Index now sits just above the 1,420-point plateau although it figures to head south again on Wednesday.
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Lower Open Projected For South Korea Stock Market
Ahead of the long weekend for the Chuseok Festival, the South Korea stock market had halted the four-day losing streak in which it had stumbled almost 60 points or 2.5 percent. The KOSPI now sits just above the 2,465-point plateau and it's expected to return to action to the downside on Wednesday.
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Australia Services Sector Returns To Expansion In September - Judo Bank
The services sector in Australia moved back up into expansion territory, the latest survey from Judo Bank revealed on Wednesday with a services PMI score of 51.8.
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New Zealand Rate Decision On Tap For Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBNZ is expected to keep its Official Cash Rate unchanged at 5.50 percent.
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Berita lainnya
TSX Ends Lower For 3rd Straight Day
Canadian stocks struggled for the third session running as rising bond yields and weak commodity prices rendered the mood bearish on Tuesday.
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Dollar Extends Gains Amid Interest Rate Uncertainty
The U.S. dollar climbed higher on Tuesday, extending recent gains, and hitting fresh 11-month high amid rising expectations that interest rates will stay higher for longer than previously thought.
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Yen Extends Gains Amid BoJ Intervention Rumors
The Japanese yen extended gains against its major counterparts in the New York session on Tuesday, triggering speculation that the Bank of Japan has intervened in the market to support the currency.
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Swiss Market Ends Notably Lower
The Switzerland stock market, which emerged briefly into positive territory around mid morning after a weak start on Tuesday, kept edging lower and lower as the day progressed and eventually ended the session on a very weak note.
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European Stocks Close Weak As Bond Yields Soar To 16-year High On Interest Rate Bets
European stocks closed notably lower on Tuesday with selling pressure gathering momentum past noon, as yields on U.S. long-term Treasury Notes climbed to 16-year high amid prospects of the Federal Reserve holding interest rates higher for longer to fight inflation.
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Canadian Stocks Extending Losses As Bond Yields Rise To 16-year High
It's turning out to be another weak outing for stocks on Bay Street, with investors pressing sales at several counters across the board on Tuesday, as U.S. Treasury yields rise to 16-year high amid worries about interest rates.
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