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Malaysia Shares May Run Out Of Steam On Wednesday
The Malaysia stock market has ticked higher in back-to-back sessions, collecting more than 8 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau although the rally may stall on Wednesday.
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374 days ago
Japan Shares May Reverse Tuesday's Losses
The Japanese stock market on Tuesday wrote a finish to the three-day winning streak in which it had surged more than 1,700 points or 3.9 percent. The Nikkei 225 now sits just beneath the 43,460-point plateau although it may bounce higher again on Wednesday.
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374 days ago
Overbought KOPSI Called Higher Again
The South Korea stock market has moved higher in six straight sessions, collecting more than 115 points or 3.7 percent along the way. The KOSPI now rests just above the 3,260-point plateau and it may extend its gains again on Wednesday.
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374 days ago
China Inflation Data On Tap For Wednesday
China will on Wednesday release August figures for consumer and producer prices, highlighting a light day for Asia-Pacific economic activity.
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374 days ago
Sharp Downgrade To U.S. Employment Growth Adds To Fed Rate Cut Hopes
Job growth in the U.S. in the 12 months to March was significantly less than what was reported earlier, preliminary revisions released by the Bureau of Labor Statistics showed on Tuesday, signaling that the labor market began cooling earlier than estimated and strengthened the case for interest rate cuts from the Federal Reserve next week.
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374 days ago
U.S. Small Business Morale Improves Again, Labor Quality Top Concern: NFIB
Confidence among the U.S. small businesses increased for a second month in a row in August, largely led by stronger sales expectations and easing uncertainty, while labor quality remained the main worry for businesses, results of a monthly survey by the National Federation of Independent Business showed on Tuesday.
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374 days ago
Canadian Market Modestly Higher; Teck Resources Soars 15% On Merger News
The Canadian market is up in positive territory Tuesday afternoon with energy stocks contributing significantly to the upmove. A few stocks from financials and utilities sectors are also up in positive territory, while consumer discretionary, technology and communications shares are weak.
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374 days ago
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Swiss Market Ends Weak After Cautious Session
The Switzerland market ended weak on Tuesday after spending much of the day's session in negative territory in cautious trade as investors awaited the European Central Bank's monetary policy announcement, and looked ahead to some crucial economic data, including a report on U.S. inflation.
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374 days ago
European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Tuesday with investors reacting to some corporate news, and looking ahead to the upcoming European Central Bank's monetary policy meeting, and crucial economic data, including U.S. inflation report.
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374 days ago
Bay Street Likely To Open On Positive Note
Canadian stocks may open on a positive note on Tuesday, tracking higher crude oil and gold prices, and expectations of a rate cut from the Bank of Canada and the Federal Reserve next week.
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374 days ago
French Industrial Output Falls Most In 3 Months
France's industrial production declined at the fastest pace in three months in July on sharp contractions in production of transport equipment and machinery, signaling a weak start to the third quarter after Prime Minister François Bayrou lost a confidence vote in the Parliament this week. Industrial production logged a monthly fall of 1.1 percent in July.
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374 days ago
FTSE Modestly Higher At Noon; Anglo American Soars On Merger News
The UK stock market is modestly higher around noon on Tuesday with investors picking up select stocks in cautious trade while looking ahead to some crucial economic data from the U.S., including a reading on inflation.
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374 days ago
U.S. Dollar Falls Amid Fed Rate Cut Speculation
The U.S. dollar weakened against other major currencies in the late Asian session on Tuesday, as traders remain optimistic about the outlook for interest rates following last week's weaker-than-expected US jobs data. They also remain cautious ahead of key U.S. inflation readings due later in the week that could influence the US Fed's rate trajectory.
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374 days ago
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