The Japanese yen strengthened against other major currencies in the Asian session on Friday, as Middle East worries persisted and investors awaited the release of all-important U.S. jobs report later in the day for additional clues on the Feds rate trajectory. Israel carried out a series of massive airstrikes overnight in the southern suburbs of...
Higher crude oil prices and slightly positive European stocks point to a marginally higher start for the Canadian market Friday morning. However, U.S. non-farm payroll data, due before the opening bell, holds the key for the market, as the numbers could offer some clues about the likely move of the Federal Reserve with regard to...
The Malaysia stock market has moved lower in three straight sessions, dropping more than 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,630-point plateau although it may find support on Monday. The global forecast for the Asian markets is upbeat following the release of strong...
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the four-day losing streak in which it had slumped more than 65 points or 1.8 percent. The Straits Times Index now sits just beneath the 3,590-point plateau and it may add to its winnings...
The Taiwan stock market turned lower again on Friday, one session after snapping 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 22,300-point plateau although it figures to bounce higher again on Monday. The global forecast for the Asian markets...
The Hong Kong stock market bounced higher again on Friday, one session after halting the six-day winning streak in which it had skyrocketed more than 4,200 points or 21 percent. The Hang Seng Index now sits just above the 22,730-point plateau and its tipped to open in the green again on Monday. The global forecast...
The Indonesia stock market has moved lower in three straight sessions, dropping nearly 150 points or 2 percent along the way. The Jakarta Composite Index now rests just beneath the 7,500-point plateau although it may stop the bleeding on Monday. The global forecast for the Asian markets is upbeat following the release of strong U.S....
The Thai stock market on Friday ended the two-day slide in which it had dropped more than 20 points or 1.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,445-point plateau and its tipped to see additional support on Monday. The global forecast for the Asian markets is upbeat following the release...
A report released by the Commerce Department on Thursday unexpectedly showed a modest pullback by new orders for U.S. manufactured goods in the month of August. The Commerce Department said factory orders dipped by 0.2 percent in August after surging by a slightly downwardly revised 4.9 percent in July. Economists had expected factory orders to...
Canadian shares are down in negative territory on Thursday, weighed down by concerns about tensions in the Middle East, and data showing another contraction in Canadian services sector activity. Gains in energy stocks thanks to higher oil prices, help limit the markets downside. Shares from real estate, materials, consumer discretionary and utilities sectors are notably...