The Indonesia stock market has moved higher in back-to-back sessions, collecting more than 60 points or 0.8 percent along the way. The Jakarta Composite Index now rests just beneath the 7,560-point plateau and it may add to its winnings on Wednesday. The global forecast for the Asian markets suggests mild upside, fueled by support from...
The Thai stock market has moved higher in three straight sessions, gathering almost 10 points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and its tipped to open in the green again on Wednesday. The global forecast for the Asian markets suggests mild upside, fueled...
The South Korea stock market on Friday ended the three-day losing streak in which it had stumbled almost 110 points or 4.2 percent. The KOSPI now sits just beneath the 2,570-point plateau and it may extend its gains on Monday. The global forecast for the Asian markets is upbeat following the release of strong U.S....
German stocks declined on Monday after official data showed Germanys factory orders declined at a faster-than-expected pace in August. According to preliminary figures from data Destatis, incoming new orders contracted 5.8 percent on a monthly basis in August, reversing Julys upwardly revised 3.9 percent expansion. Orders were expected to fall 1.9 percent. Further, this was...
French stocks were little changed on Monday as robust U.S. jobs data released on Friday lifted bond yields. After U.S. employers added more jobs than expected in September, traders have pared bets that the Federal Reserve will cut rates again by 50 basis points at its November 6-7 meeting. According to the CME Groups FedWatch...
European stocks were subdued on Monday due to pressure from higher bond yields following robust U.S. jobs data released last week. Sentiment was also dented after official data showed Germanys factory orders declined at a faster-than-expected pace in August. According to preliminary figures from data Destatis, incoming new orders contracted 5.8 percent on a monthly...
The British pound weakened against other major currencies in the European session on Monday, amid growing worries about Israels potential retaliation against Iran for a missile attack and robust U.S. jobs data signaled economic resilience but prompted trades to pare bets on aggressive Federal Reserve interest-rate cuts. Today marks a year after the Palestinian militant...
Indian shares gave up early gains to end deep in the red on Monday due to lingering Middle East headwinds, continued FII outflows, and caution ahead of an upcoming RBI monetary policy meeting, the release of September-quarter corporate earnings and the outcome of state elections in Haryana and Jammu and Kashmir on October 8. The...
Ahead of the long break for National Day, the China stock market had tracked higher in nine straight sessions, surging more than 630 points or 23.3 percent in that span. The Shanghai Composite now sits just above the 3,335-point plateau although its likely to see profit taking on Tuesday. The global forecast for the Asian...
The Hong Kong stock market has moved higher in back-to-back sessions, gathering almost 1,000 points or 4.6 percent along the way. The Hang Seng Index now sits just beneath the 23,100-point plateau although its likely to open to the downside on Tuesday. The global forecast for the Asian markets is soft, ahead of key economic...