Actualités Forex
Indonesia Stock Market Tipped To Open In The Green
The Indonesia stock market on Tuesday halted the six-day losing streak in which it had plummeted almost 400 points or 7 percent. The Jakarta Composite Index now sits just above the 6,700-point plateau and it's expected to add to its winnings on Wednesday.
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Australian Market Slightly Lower
The Australian stock market is slightly lower on Wednesday, giving up some of the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 6,600 level, following the mixed cues overnight from Wall Street, as tumbling commodity prices dragged gold miners, materials and energy stocks, nearly offset by soaring technology stocks.
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Higher Open Called For Hong Kong Stock Market
The Hong Kong stock market on Tuesday ended the three-day losing streak in which it had declined more than 570 points or 2.7 percent. The Hang Seng Index now sits just above the 21,850-point plateau and it's looking at another green light for Wednesday's trade.
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China Stock Market Expected To Remain Rangebound On Wednesday
The China stock market has alternated between positive and negative finishes through the last five trading days since the end of the four-day winning streak in which it had jumped more than 140 points or 4.4 percent. The Shanghai Composite Index now sits just above the 3,400-point plateau and it figures to remain in that neighborhood again on Wednesday.
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Hong Kong PMI Slips To 52.4 In June - S&P Global
The private sector in Hong Kong continued to expand in June, albeit at a slower pace, the latest survey from S&P Global showed on Wednesday with a PMI score of 52.4.
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Taiwan Stock Market May Extend Tuesday's Gains
The Taiwan stock market on Tuesday halted the five-day losing streak in which it had plummeted more than 1,300 points or 8.5 percent. The Taiwan Stock Exchange now rests just beneath the 14,350-point plateau and it's expected to see additional support on Wednesday.
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Renewed Support Predicted For Singapore Stock Market
The Singapore stock market headed south again on Tuesday, one session after halting the three-day slide in which it had dropped more than 45 points or 1.5 percent. The Straits Times Index now rests just above the 3,100-point plateau although it's expected to rebound again on Wednesday.
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Additional Support Expected For Malaysia Stock Market
The Malaysia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had fallen more than 10 points or 0.7 percent. The Kuala Lumpur Composite Index now rests just above the 1,440-point plateau and it's tipped to open in the green again on Wednesday.
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Technology Stocks Expected To Boost South Korea Shares
The South Korea stock market on Tuesday halted the four-day losing streak in which it had tumbled more than 120 points or 4.8 percent. The KOSPI now rests just above the 2,340-point plateau and it may extend its gains on Wednesday.
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Taiwan Inflation Data On Tap For Wednesday
Taiwan will on Wednesday release June figures for consumer and wholesale prices, highlighting a light day for Asia-Pacific economic activity.
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TSX Recovers From Day's Lows, Still Ends More Than 1% Down
Despite staging a fairly good recovery after a sharp plunge, the Canadian market ended on a very weak note on Tuesday, as fears about a possible recession and looming interest rate hikes weighed on sentiment and rendered the mood very cautious.
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Dollar Scores Gains Against Rivals On Safe-haven Appeal
The U.S. dollar climbed higher against its most major rivals on Tuesday as treasury yields moved up amid rising prospects of a series of sharp interest rate hikes by the Federal Reserve.
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U.S. Stocks Close On Mixed Note; Nasdaq Climbs 1.8 Percent
U.S. stocks ended on a mixed note on Tuesday after a volatile session, as fears about a possible recession and interest rate hikes by the Federal Reserve weighed on sentiment.
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