Berita Valas
KOSPI May Extend Losing Streak On Tuesday
The South Korea stock market has finished lower in back-to-back sessions, sinking more than 65 points or 1.6 percent along the way. The KOSPI now sits just above the 3,920-point plateau and it may take further damage again on Tuesday.
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287 days ago
Australia Building Approval Data Due On Tuesday
Australia will on Tuesday release October figures for building approvals and Q3 current account figures, highlighting a modest day far Asia-Pacific economic activity.
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287 days ago
Crude Oil Soars Amid Rising Rate Cut Expectations, Ongoing Geopolitical Tensions
Crude oil surged on Monday as U.S. dollar index suffered pressure from rate-cut expectations. In addition, a brewing Latin American conflict after U.S. steps up action against Venezuela along with Ukraine's attacks on Russia last weekend that damaged a Russian oil terminal have heightened supply side concerns.
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287 days ago
Canadian Market Down On Weak Data; Tech Stocks Lose Ground
The Canadian market is notably lower Monday afternoon, weighed down by losses in technology, financials and communications sectors. The mood in the market is cautious with investors awaiting earnings from major Canadian banks and some crucial economic data from the U.S. this week.
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287 days ago
Swiss Market Ends Marginally Up
The Switzerland market closed marginally up on Monday after a choppy session as investors stayed a bit reluctant to make significant moves. Data showing an increase in Swiss retail sales aided sentiment a bit.
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287 days ago
Major European Markets Close Lower On Weak Data, Profit Taking
European stocks closed broadly lower on Monday, due largely to profit taking after recent gains, and data showing contraction in manufacturing activity in major European economies.
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287 days ago
U.S. Manufacturing Index Unexpectedly Edges Lower In November
The Institute for Supply Management released a report on Monday unexpectedly showing a modest decrease by its reading on U.S. manufacturing activity in the month of November. The ISM said its manufacturing PMI slipped to 48.2 in November from 48.7 in October, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 49.0.
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287 days ago
more news
Bay Street Seen Opening With Negative Bias; Resources Stocks May Rise
Lower Canadian and U.S. futures suggest a weak start on Bay Street Monday morning, but firm oil and metal prices could trigger some buying in resources stocks and help limit market's downside.
With the focus on upcoming earnings updates from major Canadian banks due this week, the mood is likely to remain a bit cautious.
RTTNews
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287 days ago
UK Mortgage Approvals Fall In October
UK mortgage approvals decreased in October as demand for mortgages to buy houses weakened ahead of the budget announcement, data from the Bank of England showed Monday. Net mortgage approvals for house purchases, an indicator of future borrowing, fell by 600 to 65,000 in October. However, this was well above economists' forecast of 64,000.
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287 days ago
Dollar Drops As Rate Cut Hopes Rise
A renewal in rate cut expectations from the Federal Reserve caused the U.S. Dollar to weaken against major currencies during the past week.
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287 days ago
UK Stocks Turning In Mixed Performance; FTSE 100 Down Marginally
U.K.'s FTSE 100 was down slightly a little past noon on Monday with stocks turning in a mixed performance in cautious trade as investors digest the latest batch of national and regional economic data.
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287 days ago
Weak PMI Data, Profit Taking Push CAC 40 Lower
French stocks drifted lower on Monday with traders choosing to take some profits, cashing in recent gains. Data showing deterioration in Eurozone and French manufacturing sector activity in the month of November hurt as well.
RTTNews
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287 days ago
DAX Down Sharply On Profit Taking, Weak PMI Data
German stocks fell on Monday, losing ground as investors, digesting regional PMI data, resorted to some profit taking after previous week's gains.
Data showing a sharp contraction in Germany's manufacturing activity in the month of November weighed significantly on sentiment.
RTTNews
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287 days ago
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