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Soft Start Anticipated For Singapore Stock Market
The Singapore stock market has tracked higher in back-to-back sessions, collecting more than 60 points or 1.2 percent along the way. The Straits Times Index now rests just above the 4,920-point plateau although it's expected to open under water on Tuesday.
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129 days ago
Rally May Stall For Malaysia Stock Market
The Malaysia stock market has finished higher in two straight sessions, advancing almost 20 points or 1.1 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,740-point plateau although it may run out of steam on Tuesday.
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129 days ago
Australia Rate Decision Due On Tuesday
The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is widely expected to hike its benchmark lending rate by 25 basis points, to 4.35 percent from 4.10 percent.
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129 days ago
U.S. Dollar Slides As Strait Of Hormuz Crisis Intensifies
The U.S. Dollar value inches lower amid renewed escalation in the Strait of Hormuz crisis that pushed crude oil prices higher and sparked inflationary concerns once again lowering the risk appetite for investors.
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129 days ago
Canadian Market Slips As Middle East Tensions Weigh
The Canadian market remains firmly down in negative territory Monday afternoon, weighed down by losses in consumer staples, consumer discretionary, materials and industrials sectors. Energy stocks are up, rising on firm oil prices.
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130 days ago
Swiss Market Ends On Weak Note
The Switzerland stock market closed notably lower on Monday, in line with most of the markets across Europe, as Middle East tensions and U.S. President Donald Trump's fresh tariff threats rendered the mood a bit bearish.
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130 days ago
European Markets Close Weak On Tariff, Middle East Conflict Tensions
European stocks closed mostly weak on Monday as Middle East tensions and fresh tariff threats by U.S. President Donald Trump weighed on investor sentiment.
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130 days ago
more news
U.S. Factory Orders Jump Much More Than Expected In March
New orders for U.S. manufactured goods increased by much more than expected in the month of March, according to a report released by the Commerce Department on Monday. The Commerce Department said factory orders jumped by 1.5 percent in March after rising by an upwardly revised 0.3 percent in February.
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130 days ago
Bay Street Likely To Open On Negative Note
Canadian stocks look headed for a weak start Monday morning as higher oil prices amid Middle East tensions, and U.S. President Donald Trump's fresh threat on European cars and trucks are likely to weigh on sentiment.
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130 days ago
European Markets Lose Ground On Tariff, Geopolitical Concerns
European stocks are showing weakness on Monday amid renewed concerns about tariffs after U.S. President Donald Trump threatened that he will hike levies on European cars and trucks to 25% from the existing 15% rate, saying the European Union had failed to fully comply with a trade agreement negotiated with the US.
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130 days ago
Asian Stocks Extend Gains
Asian equity markets rallied on Monday tracking Wall Street's strong performance on Friday attributed mainly to strong corporate earnings.
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130 days ago
Eurozone Investor Confidence Improves Unexpectedly
Eurozone investor sentiment improved unexpectedly in May, driven by investor expectations that the conflict with Iran would not escalate further, a survey conducted by the behavioral research institute Sentix showed Monday. The investor sentiment index rose to -16.4 in May from -19.2 in April. The score was forecast to fall to -20.9.
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130 days ago
Sensex, Nifty Close On Firm Note
Despite paring a good portion of early gains, key Indian stock indices Sensex and the Nifty50 closed on a firm note on Monday, as investors reacted to a slew of earnings updates and encouraging vehicles sales data from leading automobile manufacturers.
A good show by the National Democratic Allianz (led by the Bharatiya Janata Party) in assembly elections in Assam and West Bengal contributed as
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130 days ago
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