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China Bourse May Give Up Support At 4,200 Points
The China stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had advanced more than 100 points or 2.5 percent. The Shanghai Composite Index now sits just above the 4,210-point plateau and it's expected to open under water again on Wednesday.
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121 days ago
Taiwan Stock Market May Spin Its Wheels On Wednesday
The Taiwan stock market has finished higher in two straight sessions, advancing almost 300 points or 0.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 41,900-point plateau although the rally may stall on Wednesday.
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121 days ago
Rally May Stall For Singapore Stock Market
The Singapore stock market has moved higher in back-to-back sessions, collecting almost 25 points or 0.5 percent along the way. The Straits Times Index now rests just beneath the 4,950-point plateau although it may run out of steam on Wednesday.
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121 days ago
Japan March Current Account Surplus Y4.681 Trillion
Japan posted a current account surplus of 4.681 trillion yen in March, the Ministry of Finance said on Wednesday.
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121 days ago
Malaysia Bourse May Hand Back Tuesday's Gains
The Malaysia stock market on Tuesday snapped the two-day losing streak in which it had slumped more than a dozen points or 0.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,750-point plateau although it may turn lower again on Wednesday.
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121 days ago
Japan Stock Market May See Renewed Consolidation
The Japanese stock market on Tuesday snapped the two-day slide in which it had given up more than 400 points of 0.7 percent. The Nikkei now sits just beneath the 62,750-point plateau although it may head south again on Wednesday.
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121 days ago
Tech Shares May Weigh On South Korea Stocks
The South Korea stock market on Tuesday halted the five-day winning streak in which it had skyrocketed more than 1,225 points or 16.9 percent to a fresh record closing high. The KOSPI now sits just beneath the 7,650-point plateau and it may tick lower again on Wednesday.
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121 days ago
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Australia Wage Price Data Due On Wednesday
Australia will on Wednesday release Q1 numbers for wage prices and home loans, highlighting a modest day for Asia-Pacific economic activity.
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121 days ago
U.S. Dollar Ticks Higher Amid Concerns Of U.S.-Iran Conflict Re-escalation
The U.S. Dollar value edged higher driven by oil-driven inflationary concerns brought on due to the impasse in U.S.-Iran conflict and reports of a possible fresh military offensive by the U.S. on Iran. In addition, stronger-than-expected April month's consumer price data supported the U.S. dollar.
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121 days ago
Swiss Market Ends Marginally Up
After a weak start and a subsequent recovery Tuesday morning, the Swiss stock market moved along the flat line till the end of the day's session, as investors assessed the situation in the Middle East and its impact on global economic growth.
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121 days ago
European Markets Close Weak As Rising Oil Prices, U.S.-Iran Concerns Weigh
European stocks closed weak on Tuesday, weighed down by Middle East concerns and higher oil prices. Political uncertainty in the UK weighed as well on sentiment.
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122 days ago
Canadian Market Down In Negative Territory As Middle East Tensions Weigh
After opening marginally down, the Canadian market slipped a bit deeper into the red Tuesday morning, weighed down by losses in materials, technology, healthcare and consumer discretionary sectors.
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122 days ago
U.S. Consumer Prices Increase 0.6% In April, In Line With Estimates
With energy prices surging, the Labor Department released a report on Tuesday showing consumer prices in the U.S. increased in line with economist estimates in the month of April. The Labor Department said its consumer price index climbed by 0.6 percent in April after advancing by 0.9 percent in March. The growth matched expectations.
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122 days ago
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