UK mortgage approvals increased to the highest level in more than two years in September suggesting renewed confidence in the housing market, official data revealed Tuesday. Mortgage approvals for house purchases, an indicator of future borrowing, rose by 700 to 65,600 in September, the Bank of England reported. This was the highest since August 2022....
The Taiwan stock market has moved lower in back-to-back sessions, stumbling almost 425 points or 2 percent along the way. The Taiwan Stock Exchange now rests just above the 22,925-point plateau although its due for support on Wednesday. The global forecast for the Asian markets offers little clarity, although technology shares may provide a slight...
Consumer prices in Australia were up a seasonally adjusted 0.2 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Wednesday. That was shy of expectations for an increase of 0.3 percent and down from 1.0 percent in the previous three months. On an annualized basis, inflation climbed 2.8...
The China stock market on Tuesday snapped the two-day winning streak in which it had climbed more than 40 points or 1.2 percent. The Shanghai Composite now sits just above the 3,285-point plateau although it may bounce higher again on Wednesday. The global forecast for the Asian markets offers little clarity, although technology shares may...
The Indonesia stock market has finished lower in five straight sessions, dropping almost 190 points or 2.5 percent along the way. The Jakarta Composite Index now rests just above the 7,600-point plateau although it may stop the bleeding on Wednesday. The global forecast for the Asian markets offers little clarity, although technology shares may provide...
The Thai stock market has moved lower in back-to-back sessions, slumping more than a dozen points or 0.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,450-point plateau although it may find traction on Wednesday. The global forecast for the Asian markets offers little clarity, although technology shares may...
The South Korea stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day slide in which it had slumped almost 40 points or 1.6 percent. The KOSPI now sits just above the 2,580-point plateau and its likely to remain rangebound again on Monday. The...
The Malaysia stock market has moved lower in five straight sessions, slipping almost 30 points or 1.8 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,620-point plateau and its expected to open under water again on Monday. The global forecast for the Asian markets is murky amid concerns over...
German stocks were modestly higher on Monday ahead of a busy week for earnings and economic data releases. German consumer price inflation data, flash GDP numbers and employment data are due later in the week. European Central Bank Vice President Luis de Guindos speech is awaited later in the day, with investors looking for clues...
The unemployment rate in Japan came in at a seasonally adjusted 2.4 percent in September, the Ministry of Internal Affairs and Communications said on Tuesday. That was below expectations for 2.5 percent, which would have been unchanged from the August reading. The jobs-to-applicant ratio was 1.24 - beating forecasts for 1.23, which again would have...