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The Indonesia stock market has moved higher in three straight sessions, advancing almost 150 points or 3 percent along the way. The Jakarta Composite Index now sits just above the 5,050-point plateau and it may add to its winnings on Monday.
The Australian stock market is modestly lower on Monday, extending the losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 9,000.00 mark, with weakness in financial stocks partially offset by…
The total number of building permits issued in Australia was up a seasonally adjusted 5.1 percent on month in September, the Australian Bureau of Statistics said on Monday - coming in at 17,948.
The Hong Kong stock market on Friday wrote a finish to the five-day winning streak in which it had surged more than 1,825 points or 7.8 percent. The Hang Seng now sits just above the 24,480-point plateau although it may move back to the upside again on Monday.
The China stock market on Friday snapped the two-day winning streak in which it had jumped more than 80 points or 2.2 percent. The Shanghai Composite Index now sits just beneath the 3,650-point plateau although it's likely to bounce higher again on Monday.
The Taiwan stock market has finished lower in seven straight sessions, tumbling more than 7,275 points or 16.8 percent along the way. The Taiwan Stock Exchange now sits just above the 39,700-point plateau although it's overdue for support on Monday.
The Japan stock market has tracked lower in five straight sessions, sinking almost 7,200 points or 11.6 percent in that span. The Nikkei 225 now sits just above the 57,430-point plateau although it may stop the bleeding on Monday.
The South Korea stock market has finished sharply lower in two straight sessions, crashing more than 620 points or 11 percent in that span. The KOSPI now sits just beneath the 5,060-point plateau although it may find traction on Monday.
Australia will on Monday release September figures for building approvals, highlighting a modest day for Asia-Pacific economic activity.
The U.S. Dollar value moved higher on Friday as the October nonfarm payrolls came in strongly above market forecasts while the unemployment rate slumped from September numbers. In addition, the U.S.-Iran conflict continues without an end in sight triggering inflation concerns.
The Switzerland stock market ended weak on Friday after remaining in negative territory throughout the session, amid a sell-off in global equity markets amid concerns about returns on AI-related investments.
European equities fell Friday as investors worried about potential AI regulation tightening under the Trump administration and reacted to corporate earnings and economic data releases across the region.
The Canadian market gained modest ground in positive territory Friday morning, supported by gains in healthcare, technology, energy and materials sectors. Shares from other sectors turned in a mixed performance. Stronger-than-expected U.S. non-farm payroll data aided sentiment.
Preliminary data released by the University of Michigan on Friday showed an unexpected improvement in U.S. consumer sentiment in the month of November. The University of Michigan said its consumer sentiment index rose to 51.0 in November from 48.0 in October. Economists had…
A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by far more than anticipated in the month of October. The Labor Department said non-farm payroll employment jumped by 165,000 jobs in October compared to economist…
Canadian stocks are likely to open on a mixed note on Friday. Tech stocks may rebound, tracking gains of leading US tech stocks in pre-market trades today. Investors will also react to Canadian and U.S. jobs data, and a slew of corporate earnings reports.
A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by far more than anticipated in the month of October.
The euro weakened against most major currencies in the European session on Friday, after Eurozone retail trade volume decreased in September after rebounding in the previous month.
The euro weakened against most major currencies in the European session on Friday.
The British pound weakened against other major currencies in the European session on Friday, as European shares fell sharply on Friday as the Democratic Party's sweeping wins at this week's midterm elections in the U.S. sparked fears of a slowdown in the pace of AI…
The U.K. stock market's benchmark index FTSE 100 fell to a four-week low Friday morning as a sell-off in global equity markets rendered the mood bearish right from the start. Uncertainty about the potential economic impact of the Democrats' sweeping win in the US midterm…
France's equity benchmark CAC 40 dropped sharply Friday morning amid rising concerns the Democratic Party's sweeping wins in the US midterm elections could result in tighter regulation of the AI industry and slowdown in data center expansion.
Indian shares closed higher for a seventh consecutive session on Friday despite weak cues from global markets.
German stocks declined sharply Friday morning as investors assessed the potential impact of the Democratic Party's sweeping victory in the US midterm elections on tariffs, Middle East conflict and the impact on AI infrastructure development.
Gold prices traded lower on Friday but were on course for their strongest weekly advance since August as softening crude oil prices helped ease inflation concerns.
Oil prices fell in choppy trade on Friday and were on track for a steep weekly loss on hopes of de-escalation in the U.S.-Iran conflict and a possible reopening of the Strait of Hormuz.
European shares fell sharply on Friday as the Democratic Party's sweeping wins at this week's midterm elections in the U.S. sparked fears of a slowdown in the pace of AI infrastructure development.
The British pound weakened against other major currencies in the European session on Friday.
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Friday, as Asian stock markets traded lower amid a renewed sell-off in the tech sector, with the tech-heavy NASDAQ plummeting on…
Asian stocks retreated on Friday after a Wall Street rout wiped out roughly $2.5 billion in market value and sent the Nasdaq into correction territory overnight.
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