The China stock market has alternated between positive and negative finishes through the last seven trading days since the end of the two-day winning streak in which it had spiked more than 110 points or 3.3 percent. The Shanghai Composite now sits just beneath the 3,380-point plateau and it may take further damage on Friday....
The Hong Kong stock market has moved lower in five straight sessions, slumping more than 1,600 points or 7.6 percent along the way. The Hang Seng Index now sits just beneath the 19,435-point plateau and its got another negative lead for Fridays trade. The global forecast for the Asian markets is soft on concerns over...
The Thai stock market turned lower again on Thursday, one day after snapping the three-day losing streak in which it had slumped almost 25 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and its expected to open under pressure again on Friday. The global forecast for the...
European stocks tumbled on Tuesday and several markets recorded their biggest single-session decline in several weeks, as concerns about the potential adverse impact of Donald Trumps protectionist policies on global economic and political front weighed on sentiment. A sell-off in mining stocks following a sharp drop in metal prices contributed significantly to the decline in...
The Switzerland market ended sharply lower on Tuesday as stocks reeled under selling pressure right through the days session on weak global cues amid concerns about the possible impact of Donald Trumps protectionist policies. The benchmark SMI closed down 190.70 points or 1.6% at 11,712.09, slightly off the days low of 11,697.50. Alcon closed down...
The Canadian dollar climbed against its major counterparts in the New York session on Tuesday. The loonie recovered to 1.3925 against the greenback, from an early more than 2-year low of 1.3967. The loonie climbed to a 6-day high of 0.9090 against the aussie, 5-day high of 111.07 against the yen and a fresh 4-month...
The Canadian market is holding in positive territory Tuesday afternoon posting a new record high, with technology stocks contributing substantially to the upmove. Materials and energy stocks are having a tough session due to weak commodity prices. The benchmark S&P/TSX Composite Index, which climbed to a new high of 25,024.93, was up 75.89 points or...
The U.S. dollar climbed higher on Tuesday, extending its dominance against his major counterparts, amid bets rate cuts will not be any aggressive next year as prices may move higher under Donald Trump administration due to proposed increase in tariffs. Investors await key U.S. inflation readings, reports on retail sales and industrial production, and FOMC...
Australia will on Wednesday release Q3 numbers for wage prices, highlighting a light day for Asia-Pacific economic activity. Wage prices are expected to rise 0.9 percent on quarter and 3.6 percent on year after gaining 0.8 percent on quarter and 4.1 percent on year in the three months prior. Japan will see October figures for...
The Canadian market closed on a firm note on Tuesday thanks to strong gains in technology stocks after Shopify reported strong quarterly earnings and came up with encouraging revenue guidance. The market ended higher despite weak commodity prices triggering some heavy selling in energy and materials sectors. The benchmark S&P/TSX Composite Index, which rose to...