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China Bourse: Resistance Expected At 3,300 Points
The China stock market has tracked higher in two straight sessions, collecting more than 15 points or 0.4 percent along the way. The Shanghai Composite Index remains just above the 3,290-point plateau although it may run out of steam on Thursday.
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1485 days ago
Taiwan Stock Market Due For Consolidation
The Taiwan stock market has finished higher in five straight sessions, gathering more than 530 points or 3.3 percent along the way. The Taiwan Stock Exchange now rests just above the 15,460-point plateau although it's likely due for profit taking on Thursday.
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1485 days ago
Renewed Selling Pressure Expected For Singapore Stock Market
The Singapore stock market on Wednesday ended the three-day losing streak in which it had slumped almost 25 points or 0.7 percent. The Straits Times Index now rests just above the 3,260-point plateau although it figures to head south again on Thursday.
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1485 days ago
Malaysia Stock Market May Take Further Damage On Thursday
The Malaysia stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had gathered almost 15 points or 1 percent. The Kuala Lumpur Composite Index new rests just beneath the 1,520-point plateau and the losses may accelerate on Thursday.
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1485 days ago
KOSPI May Test Support At 2,500 Points
The South Korea stock market on Wednesday halted the three-day winning streak in which it had gathered almost 55 points or 2.2 percent. The KOSPI now rests just above the 2,515-point plateau and it may take further damage on Thursday.
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1485 days ago
Australia Unemployment Data Due On Thursday
Australia will on Thursday release July figures for unemployment, highlighting a light day for Asia-Pacific economic activity.
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1485 days ago
TSX Ends On Weak Note On Growth Worries
The Canadian market ended weak on Wednesday after languishing in negative territory right through the day's session as worries about slowing growth and soaring inflation weighed on sentiment.
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1485 days ago
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Dollar Stays Firm As Fed Minutes Signal More Rate Hikes
The U.S. dollar retreated from higher levels Wednesday afternoon after the release of the Federal Reserve's July meeting, but still managed to hold above the flat line as the minutes indicated the central bank will continue hiking rates to fight inflation.
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1485 days ago
Fed Minutes Reaffirm Plans To Continue Raising Interest Rates
The Federal Reserve released the minutes of its July monetary policy meeting on Wednesday, reaffirming the central bank's plans to continue raising interest rates in an effort to return inflation to its 2 percent objective.
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1485 days ago
Swiss Market Fails To Hold Gains, Ends Marginally Down
Despite spending much of the day's session in positive territory, the Switzerland market ended slightly weak on Wednesday as select stocks fell on selling pressure in late afternoon trades.
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1485 days ago
European Stocks Close Lower As Growth Concerns, Inflation Worries Weigh
European stocks closed lower on Wednesday, snapping a five-day winning streak, as worries about slowing growth and rising inflation rendered the mood bearish.
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1485 days ago
Dollar Advances As U.S. Core Retail Sales Increase Unexpectedly; Fed Minutes In Focus
The U.S. dollar was higher against its major counterparts in the European session on Wednesday, as the nation's core retail sales rose unexpectedly in July and investors awaited the minutes of the Federal Reserve's latest policy meeting for signals on further interest rate hikes.
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1485 days ago
Technology, Materials Shares Dragging Down Canadian Market
The Canadian market is down in negative territory Wednesday morning, weighed down by losses in technology and materials sectors.
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1485 days ago
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