The Swiss franc declined against its most major counterparts in the New York session on Tuesday. The franc touched 0.9011 against the greenback and 1.1314 against the pound, setting 5-day lows. The franc dropped to a 6-day low of 0.9367 against the euro. The next possible support for the franc is seen around 0.92 against...
The Canadian market ended the shortened trading session on Tuesday modestly higher thanks to gains in energy and technology sectors. The volume of business remained rather thin as investors refrained from making significant moves ahead of Christmas and Boxing Day holidays. The Canadian market will resume trading on Friday (December 27). The benchmark S&P/TSX Composite...
Japan will on Wednesday see October results for its leading and coincident indexes, highlighting a light day for Asia-Pacific economic activity. The leading index is expected to slip 0.3 percent on month after climbing 2.2 percent in September. The coincident is seen higher by 2.5 percent on month after rising 1.3 percent in the previous...
Singapore will on Monday release November numbers for consumer prices, highlighting a light day for Asia-Pacific economic activity. In October, overall inflation was down 0.3 percent on month and up 1.4 percent on year, while core CPI rose an annual 2.1 percent. Taiwan will see November figures for industrial production and unemployment; in October, industrial...
The Japanese stock market has finished lower in six straight sessions, declining more than 1,160 points or 3 percent in that span. The Nikkei 225 now rests just above the 38,700-point plateau although its overdue for support on Monday. The global forecast for the Asian markets is cautiously optimistic on an improved outlook for interest...
The Malaysia stock market on Friday ended the two-day winning streak in which it had picked up more than 3 points or 0.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,590-point plateau although its expected to bounce higher again on Monday. The global forecast for the Asian markets is cautiously optimistic...
The Singapore stock market has moved lower in four straight sessions, falling almost 100 points or 2.8 percent along the way. The Straits Times Index now sits just beneath the 3,720-point plateau although it may find traction on Monday. The global forecast for the Asian markets is cautiously optimistic on an improved outlook for interest...
The Taiwan stock market has moved lower in back-to-back sessions, tumbling more than 650 points or 2.8 percent along the way. The Taiwan Stock Exchange now rests just above the 22,510-point plateau although it may stop the bleeding on Monday. The global forecast for the Asian markets is cautiously optimistic on an improved outlook for...
The China stock market has ticked lower in back-to-back sessions, slipping almost 15 points or 0.4 percent along the way. The Shanghai Composite Index now rests just beneath the 3,370-point plateau although it may inch higher on Monday. The global forecast for the Asian markets is cautiously optimistic on an improved outlook for interest rates....
The Indonesia stock market on Thursday halted the six-day losing streak in which it had plummeted more than 480 points or 5.6 percent. The Jakarta Composite Index now rests just above the 6,980-point plateau and it may pick up steam on Monday. The global forecast for the Asian markets is cautiously optimistic on an improved...