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Additional Support Expected For Singapore Shares
The Singapore stock market has finished higher in consecutive trading days, gathering more than 80 points or 1.6 percent along the way. The Straits Times Index now sits just beneath the 5,250-point plateau and it may extend its gains on Monday.
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67 days ago
Malaysia Stock Market May Open To The Upside
The Malaysia stock market has tracked higher in two straight sessions, collecting more than 20 points or 1.2 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,680-point plateau and it may add to its winnings on Monday.
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67 days ago
Japan Bourse May Reclaim 70,000-Point Level
The Japan stock market rebounded on Friday, one day after snapping the three-day winning streak in which it had collected more than 1,100 points or 1.7 percent. The Nikkei 225 now sits just beneath the 69,750-point plateau and it's tipped to open in the green again on Monday.
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67 days ago
Steady Start Seen For South Korea Shares
The South Korea stock market on Friday snapped the two-day slide in which it had plummeted more than 820 points or 9.9 percent. The KOSPI now sits just beneath the 8,090-point plateau and it may tick higher again on Monday.
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67 days ago
Singapore Retail Sales Data Due On Monday
Singapore will on Monday release May numbers for retail sales, highlighting a modest day for Asia-Pacific economic activity. In April, sales were up 0.3 percent on month and 5.4 percent on year.
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67 days ago
U.S. Dollar Recovers Against Majors
The U.S. dollar recovered against its major counterparts in the New York session on Friday.
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68 days ago
Canadian Market Up Firmly, Looks Set To End On Strong Note
The Canadian market remains firmly up in positive territory on Friday, led by gains in materials, healthcare and communications sectors. The undertone remains firm amid easing geopolitical tensions and rising hopes the Fed will not hike interest rates anytime soon.
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69 days ago
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Swiss Market Shrugs Off Early Weakness, Ends On Firm Note
After a marginal upmove and a subsequent drop into negative territory, the Switzerland market stayed weak till around mid-afternoon on Friday before climbing higher to eventually end the trading session on a firm note.
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69 days ago
European Markets Close Higher Note On Easing Geopolitical, Interest Rate Concerns
After struggling for direction till around noon, European stocks moved higher and closed on a firm note on Friday on easing concerns about Middle East tensions and hopes that the Federal Reserve will not tighten its monetary policy for now.
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69 days ago
Bay Street Likely To Open On Positive Note
The Canadian market may open on a positive note on Friday with materials stocks gaining some ground, riding on firm precious metals prices. Easing geopolitical concerns and hopes that the Fed will not hike interest rates for now may also aid sentiment.
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69 days ago
Antipodean Currencies Rise Amid Risk-Appetite
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday amid risk-appetite, as traders are optimistic the US Fed will hold rates this month and potentially in September after the release of U.S. jobless data that showed employment in the U.S. increased by much less than expected in the month of June.
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69 days ago
FTSE Modestly Lower As Weak Data Weighs
U.K. stocks turned in a mixed performance on Friday with investors largely making cautious moves, after data showed continued contraction in the nation's services sector activity.
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69 days ago
CAC 40 Pares Early Gains; Luxury Stocks Lose Ground
France's benchmark index CAC 40 rose to a five-month high on Friday morning as stocks extended gains from the previous session amid easing concerns about inflation and fading worries about interest rate hikes. However, due to a lack of support at higher levels, the market pared most of its early gains and was roughly flat a little while ago.
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69 days ago
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