The China stock market on Wednesday ended the absurd 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just beneath the 3,260-point plateau - and by all rights, it ought to move lower again on Thursday despite a firm lead. The global forecast for...
The Hong Kong stock market has finished lower in two straight sessions, plummeting more than 2,400 points or 11 percent along the way. The Hang Seng Index now sits just above the 20,630-point plateau although it may cut into some of those losses on Thursday. The global forecast for the Asian markets is positive on...
The Indonesia stock market on Wednesday ended the two-day winning streak in which it had advanced more than 60 points or 0.8 percent. The Jakarta Composite Index now rests just above the 7,500-point plateau although its expected to bounce higher again on Thursday. The global forecast for the Asian markets is positive on optimism over...
The Singapore stock market has moved higher in consecutive trading days, collecting more than 20 points or 0.6 percent along the way. The Straits Times Index now sits just beneath the 3,600-point plateau although the rally may stall on Tuesday. The global forecast for the Asian markets is soft, ahead of key economic and earnings...
The Taiwan stock market has moved higher in two of three trading days since the end of the two-day slide in which it had dropped more than 630 points or 2.9 percent. The Taiwan Stock Exchange now rests just above the 22,700-point plateau although its likely to see renewed consolidation on Tuesday. The global forecast...
German stocks fell notably on Tuesday as investors fretted about a worsening Middle East conflict and its potential impact on oil markets, supply chains and the global economy. Traders ignored positive data that showed German industrial production expanded more than expected in August after falling in the previous month. Data from Destatis revealed that German...
French stocks fell sharply on Tuesday amid lingering Middle East concerns and reduced expectations of Federal Reserve interest-rate cuts. Meanwhile, Frances trade deficit increased in August from a year ago as imports grew faster than exports, data released by the customs office showed today. The trade deficit rose to EUR 7.4 billion in August from...
U.K. stocks traded lower on Tuesday after a highly anticipated press conference by Chinas National Development and Reform Commission disappointed those hoping for more stimulus. Rising borrowing costs in the U.K. in recent days also spelled trouble for the government, which is set to unveil its budget at the end of the month. The yield...
European stocks dropped to two-week lows on Tuesday as Middle East worries persisted and Chinas state planner announced no new plans for major stimulus. Traders ignored positive data that showed German industrial production expanded more than expected in August after falling in the previous month. Data from Destatis revealed that German industrial output grew 2.9...
Indian shares rose notably on Tuesday as oil prices fell from recent highs and the BJP overtook opposition Indian National Congress during the second phase of counting in Haryana, holding a lead with 50 seats compared to the Congress 35. Oil prices were down nearly 2 percent in European trade as Chinas National Development and...