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Forex News
Indian Shares Set For Muted Open As Oil Surges Amid Hormuz Risks
Indian shares are seen opening little changed on Tuesday amid a lack of any breakthrough in West Asia talks.
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48 minutes ago
Thai Stock Market Likely To Remain Rangebound
The Thai stock market has finished higher in two of three trading days since the end of the three-day slide in which it had fallen more than a dozen points or 0.7 percent. The Stock Exchange of Thailand now sits just beneath the 1,625-point plateau and it's likely to remain in that neighborhood again on Tuesday.
RTTNews
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1h 18min ago
Soft Start Expected For Indonesia Stock Market
The Indonesia stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had collected more than 80 points or 1.3 percent. The Jakarta Composite Index now rests just above the 6,365-point plateau and it may extend its losses on Tuesday.
RTTNews
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1h 48min ago
Hong Kong Shares May Run Out Of Steam On Tuesday
The Hong Kong stock market has finished higher in back-to-back sessions, collecting more than 400 points or 1.6 percent in that span. The Hang Seng Index now sits just beneath the 25,940-point plateau although it may open under water on Tuesday.
The global forecast for the Asian markets is weak on continuing concerns over the conflict in the Middle East and the resulting spike in crude oil prices. The European markets were mixed and flat and the U.S. bourses were slightly soft and the Asian markets figure to split the difference.
RTTNews
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2h 3min ago
China Stock Market Due For Consolidation
The China stock market has moved higher in five straight sessions, collecting almost 160 points or 4.2 percent in that span. The Shanghai Composite Index now sits just above the 3,960-point plateau although the rally may stall on Tuesday.
The global forecast for the Asian markets is weak on continuing concerns over the conflict in the Middle East and the resulting spike in crude oil prices. The European markets were mixed and flat and the U.S. bourses were slightly soft and the Asian markets figure to split the difference.
RTTNews
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2h 18min ago
Australian Markets Modestly Higher
The Australian stock market is modestly higher on Tuesday, reversing some of the losses in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 index is moving above the 9,250 level, with gains in mining and energy stocks partially offset by weakness in financial stocks.
RTTNews
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2h 21min ago
Renewed Consolidation Expected For Taiwan Stock Market
The Taiwan stock market on Monday wrote a finish to the two-day losing streak in which it had fallen almost 400 points or 0.9 percent. The Taiwan Stock Exchange now sits just beneath the 44,930-point plateau although it may head south again on Tuesday.
The global forecast for the Asian markets is weak on continuing concerns over the conflict in the Middle East and the resulting spike in crude oil prices. The European markets were mixed and flat and the U.S. bourses were slightly soft and the Asian markets figure to split the difference.
RTTNews
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2h 48min ago
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Rally May Stall For Singapore Stock Market
Ahead of Monday's holiday for National Day, the Singapore stock market had moved higher in back-to-back sessions, gathering almost 120 points or 2 percent along the way. The Straits Times Index now sits just beneath the 5,700-point plateau although it may run out of steam on Tuesday.
The global forecast for the Asian markets is weak on continuing concerns over the conflict in the Middle East and the resulting spike in crude oil prices. The European markets were mixed and flat and the U.S. bourses were slightly soft and the Asian markets figure to split the difference.
The STI finished sharply higher on Friday following gains from the financial shares and properties, while the industrials were mixed.
For the day, the index climbed 59.44 points or 1.05 percent to finish at 5,698.43 after trading between 5,644.56 and 5,700.07.
RTTNews
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3h 18min ago
Malaysia Stock Market May Extend Losing Streak
The Malaysia stock market has finished lower in three straight sessions, falling more than a dozen points or 0.6 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,735-point plateau and it may take further damage on Tuesday.
RTTNews
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3h 48min ago
KOSPI May Hand Back Monday's Gains
The South Korea stock market on Monday snapped the two-day slide in which it had tumbled almost 350 points or 5.4 percent. The KOSPI now sits just beneath the 6,300-point plateau although it may turn lower again on Tuesday.
The global forecast for the Asian markets is weak on continuing concerns over the conflict in the Middle East and the resulting spike in crude oil prices. The European markets were mixed and flat and the U.S. bourses were slightly soft and the Asian markets figure to split the difference.
RTTNews
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4h 18min ago
Australia Rate Decision On Tap For Tuesday
The Reserve Bank of Australia will wrap up it monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is expected to keep its benchmark lending rate unchanged at 4.35 percent.
RTTNews
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5h 18min ago
U.S. Dollar Inches Higher Amid Rising Expectations Of Tighter Fed Monetary Policy
The U.S. Dollar value moves higher as the Strait of Hormuz remains closed with the U.S. and Iran unrelenting in their demands from each other leading to heightened uncertainty over its reopening. The consequent surge in crude oil prices renewed inflationary concerns and expectations of a higher interest rate regime in the U.S. in the near-term.
RTTNews
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6h 19min ago
Swiss Market Ends On Firm Note
The Switzerland market closed higher on Monday, outperforming most of the markets across Europe, thanks to fairly strong buying at select counters, including a few in the pharmaceuticals sector.
RTTNews
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9h 39min ago
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