The South Korea stock market on Monday ended the modest two-day winning streak in which it had picked up more than a dozen points or 0.5 percent. The KOSPI now rests just beneath the 2,650-point plateau and it may extend its losses on Tuesday. The global forecast for the Asian markets is cautious ahead of...
Consumer confidence survey results from Germany and France are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Germany\'s market research group GfK releases consumer confidence survey results. The forward-looking sentiment index is forecast to improve to -29.0 in March from -29.7 in the previous month. In the...
The Australian dollar weakened against other major currencies in the Asian session on Tuesday. The Australian dollar fell to nearly a 1-1/2-month low of 1.6627 against the euro and a 6-day low of 98.21 against the yen, from yesterday\'s closing quotes of 1.6586 and 98.56, respectively. Against the U.S. and the Canadian dollars, the aussie...
The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday. The NZ dollar fell to a 1-week low of 0.6151 against the U.S. dollar, a 6-day low of 92.58 against the yen and nearly a 2-week low of 1.7635 against the euro, from yesterday\'s closing quotes of 0.6172, 93.01 and...
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Tuesday, after Asian stock market traded lower following the broadly negative cues from Wall Street overnight, as traders largely stayed cautious and seem reluctant to make significant moves ahead of some key economic...
Asian stocks ended mixed on Tuesday after Japan\'s inflation topped estimates in January, adding to pressure on the Bank of Japan to make a significant policy shift in coming months. Gold and oil prices traded higher in Asian trade while the dollar dropped before key inflation and GDP readings this week that could influence the...
German stocks edged up slightly on Tuesday after survey results from market research group GfK showed consumer confidence in Germany is set to improve slightly in March. The forward-looking consumer sentiment index rose to -29.0 in March from -29.6 in February. The score matched economists\' expectations. The benchmark DAX was up37 points, or 0.2 percent,...
(RTTNews) - Japan will on Tuesday release January figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In December, overall inflation was down 0.1 percent on month and up 2.6 percent on year, while core CPI rose an annual 2.3 percent. Taiwan will provide January results for export orders and Q4 data...
(RTTNews) - The Canadian market climbed to a new high after a slightly weak start Monday morning, but retreated swiftly and spent the rest of the session in negative territory as investors turned cautious, looking ahead to a slew of crucial U.S. economic data. The benchmark S&P/TSX Composite Index, which advanced to 21,449.92 in early...
-- Most Asian stocks retreated on Tuesday as caution persisted before a string of key economic readings this week, with Japan’s Nikkei 225 falling from record highs after a slightly stronger-than-expected inflation print. Regional markets took weak cues from a middling overnight close on Wall Street, as a tech-fueled rally to record highs now appeared...