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Japan Producer Prices Climb 0.4% In July
Producer prices in Japan were up 0.4 percent on month in July, the Bank of Japan said on Wednesday.
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15 days ago
Malaysia Stock Market Tipped To Halt Its Slide
Ahead of Tuesday's holiday for the birth of the prophet Muhammad, the Malaysia stock market had finished lower in two straight sessions, although it had given up less than a single point in that span. The Kuala Lumpur Composite Index now sits just above the 1,735-point plateau although it may find traction on Wednesday.
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15 days ago
Japan Stock Market May Extend Tuesday's Gains
The Japanese stock market on Tuesday snapped the two-day slide in which it had slumped almost 700 points or 1 percent. The Nikkei 225 now sits just above the 65,850-point plateau and it may pick up steam on Wednesday.
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15 days ago
South Korea Shares May Test Resistance At 6,800 Points
The South Korea stock market bounced higher again on Tuesday, one day after ending the two-day winning streak in which it had jumped more than 440 points or 6.5 percent. The KOSPI now sits just above the 6,740-point plateau and it may add to its winnings on Wednesday.
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15 days ago
Australia Construction Work Data Due On Wednesday
Australia will on Wednesday release Q2 figures for construction work done, highlighting a light day for Asia-Pacific economic activity. Work is expected to rise 0.5 percent on quarter after adding 3.4 percent in the previous three months.
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15 days ago
U.S. Dollar Slips Amid Crude Oil Plunge, Weak U.S. Economic Data
The U.S. Dollar value ticked lower after crude oil prices plummeted with war concerns easing following reports of U.S. preparing to send U.S. diplomats back to embassies in the Middle East countries, lowering inflation concerns. In addition, the July new home sales numbers and consumer confidence index came in weaker than expected.
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15 days ago
Swiss Market Ends On Firm Note
Despite struggling for direction early on in the session and very nearly slipping into negative territory around late afternoon, the Switzerland stock market's benchmark index SMI closed on a firm note on Tuesday thanks to brisk buying at a few counters in the closing hour.
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15 days ago
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European Stocks Close Higher On Easing Middle East Tensions, Weak Oil Prices
European stocks closed broadly higher on Tuesday as falling energy prices and slightly easing fears of further escalation in the Middle East conflict helped lift sentiment. Investors also digested the latest batch of economic data from the region.
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15 days ago
U.S. Consumer Confidence Shows Modest Deterioration In August
Reflecting a deterioration in consumer expectations, the Conference Board released a report on Tuesday showing a modest decrease in consumer confidence in the month of August. The Conference Board said its consumer confidence index dipped to 89.4 in August from a downwardly revised 90.2 in July.
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15 days ago
U.S. New Home Sales Pull Back To Six-Month Low In July
New home sales in the U.S pulled back sharply in the month of July, according to a report released by the Commerce Department on Tuesday. The Commerce Department said new home sales plummeted by 10.5 percent to an annual rate of 607,000 in July after spiking by 7.6 percent to an upwardly revised rate of 678,000 in June.
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15 days ago
FTSE 100 Rises For The Sixth Day
The FTSE 100 benchmark of the London Stock Exchange extended its winning streak to the sixth session.
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15 days ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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15 days ago
Rising Risk Appetite Lifts CAC 40
The CAC 40 index that tracks the 40 largest French stocks based on the Euronext Paris rallied on Tuesday amidst a growing risk appetite in global markets.
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15 days ago
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