After reporting a sharp increase by its reading on regional manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Monday showing a sharp pullback by the index in the month of December. The New York Fed said its general business conditions index plummeted to 0.2 in December...
Singapore will on Tuesday release November numbers for non-oil domestic exports, highlighting a light day for Asia-Pacific economic activity. In October, NODX was down 7.4 percent on month and 4.6 percent on year, with a trade surplus of SGD4.410 billion. Hong Kong will see November figures for unemployment; in October, the jobless rate was 3.1...
The South Korea stock market on Monday snapped the four-day winning streak in which it had spiked more than 130 points or 5.5 percent. The KOSPI now sits just beneath the 2,490-point plateau although its expected to bounce higher again on Tuesday. The global forecast for the Asian markets is mixed to higher, with strong...
The Canadian market closed weak on Monday, extending losses to a third straight session as weak oil and gold prices weighed on energy and materials stocks. Communications shares were the other major losers. The mood was cautious as investors awaited the Federal Reserves monetary policy announcement, and a slew of key economic data, including reports...
The Japanese stock market has tracked lower in back-to-back sessions, slumping almost 400 points or 1 percent along the way. The Nikkei 225 now sits just beneath the 39,460-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is mixed to higher, with strong support expected from the...
The Singapore stock market has finished higher in three straight trading days, collecting almost 30 points or 0.8 percent along the way. The Straits Times Index now rests just above the 3,820-point plateau although it may spin its wheels on Tuesday. The global forecast for the Asian markets is mixed to higher, with strong support...
The China stock market has moved lower in two straight sessions, dropping more than 75 points or 2.4 percent along the way. The Shanghai Composite now sits just above the 3,385-point plateau although its due for support on Tuesday. The global forecast for the Asian markets is mixed to higher, with strong support expected from...
The Hong Kong stock market has finished lower in two straight sessions, sinking more than 600 points or 3 percent along the way. The Hang Seng Index now sits just beneath the 19,800-point plateau although its expected to open in the green on Tuesday. The global forecast for the Asian markets is mixed to higher,...
The Thai stock market has finished lower in five straight sessions, slipping more than 30 points or 2.3 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,420-point plateau and its expected to find traction on Tuesday. The global forecast for the Asian markets is mixed to higher, with strong...
A report released by the Labor Department on Thursday showed producer prices in the U.S. increased by more than expected in the month of November. The Labor Department said its producer price index for final demand climbed by 0.4 percent in November after rising by an upwardly revised 0.3 percent in October. Economists had expected...