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Soft Start Seen For Singapore Stock Market
The Singapore stock market moved lower again on Wednesday, one day after snapping the three-day losing streak in which it had tanked almost 180 points or 3.5 percent. The Straits Times Index now sits just beneath the 4,960-point plateau and it may see continued consolidation on Thursday.
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1h 16minuter sedan
Malaysia Bourse May See Renewed Consolidation
The Malaysia stock market on Wednesday ended the two-day slide in which it had fallen almost 20 points or 1.2 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,680-point plateau although it figures to head south again on Thursday.
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1h 46minuter sedan
Japan Shares May See Additional Selling Pressure
The Japanese stock market turned lower again on Wednesday, one day after snapping the three-day losing streak in which it had plunged more than 4,300 points or 6.5 percent. The Nikkei 225 sits just beneath the 64,180-point plateau and it's tipped to open under water again on Thursday.
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2h 1minuter sedan
KOSPI May Extend Wednesday's Losses
The South Korea stock market headed south again on Wednesday, one day after ending the three-day slide in which it had crashed more than 1,300 points or 15 percent. The KOSPI now sits just above the 7,730-point plateau and it may take further damage on Thursday.
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2h 16minuter sedan
South Korea Unemployment Data Due On Thursday
South Korea will on Thursday release jobless figures for May, highlighting a light day for Asia-Pacific economic activity. In April, the unemployment rate was 2.8 percent.
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3h 16minuter sedan
U.S. Dollar Ends Roughly Flat Amid Reescalation In The Middle East, US CPI Data Release
The U.S. Dollar value ended nearly unchanged as U.S.-Iran exchange of attacks raise doubts on an early peace deal. Meanwhile, the U.S. Consumer Purchase Index for May rose to 4.20% on an annual basis indicating a persistent war-driven inflation.
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4h 16minuter sedan
Swiss Market Ends On Firm Note
After staying fairly well above the flat line till about an hour past noon, the Switzerland market briefly fell into negative territory on Wednesday but recovered swiftly and held firm to eventually end the day's session on a strong note.
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7h 38minuter sedan
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European Stocks Close Broadly Lower As Middle East Tensions Weigh
European stocks closed broadly lower on Wednesday amid lingering concerns about Middle East tensions and continued weakness in the technology sector. Also, investors digested U.S. inflation data that came in line with expectations and looked ahead to the European Central Bank's policy announcement on Thursday.
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7h 55minuter sedan
Canadian Market Comes Off Early Lows, But Stays Weak; BoC Holds Rates Again
After opening notably lower and edging further down, the Canadian market recovered and moved closer to the unchanged line Wednesday morning thanks to gains in the energy sector and several stocks from financials and technology sectors finding support at lower levels.
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10h 28minuter sedan
Bank Of Canada Leaves Interest Rates Unchanged Once Again
In a widely expected move, the Bank of Canada announced on Wednesday that it has once again decided to leave interest rates unchanged. The Canadian central bank said it decided to hold its target for the overnight rate at 2.25 percent, with the Bank Rate at 2.5 percent and the deposit rate at 2.20 percent.
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11h 6minuter sedan
U.S. Consumer Prices Increase 0.5% In May, In Line With Estimates
A report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased in line with economist estimates in the month of May. The Labor Department said its consumer price index rose by 0.5 percent in May after climbing by 0.6 percent in April. The price growth matched expectations.
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11h 17minuter sedan
U.S. Consumer Prices Increase In Line With Estimates In May
A report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased in line with economist estimates in the month of May.
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12h 39minuter sedan
Bay Street Likely To Open On Negative Note; BoC Policy In Focus
Canadian stocks are likely to open on a negative note on Wednesday amid rising tensions in the Middle East following fresh attacks by Iran and U.S. forces. Investors will also be reacting to the Bank of Canada's monetary policy announcement, due shortly after the opening bell.
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12h 55minuter sedan
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