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Singapore Stock Market Poised To Extend Tuesday's Gains
The Singapore stock market bounced higher again on Tuesday, one session after ending the two-day winning streak in which it had gathered more than 20 points or 0.6 percent. The Straits Times Index now rests just above the 3,270-point plateau and it's expected to add to its winnings on Wednesday.
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Malaysia Shares May Stop The Bleeding On Wednesday
The Malaysia stock market has ticked lower in consecutive trading days, easing almost 7 points or 0.5 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,470-point plateau although it's due for support on Wednesday.
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New Zealand Current Account Shortfall NZ$5.9 Billion In Q3
New Zealand posted a seasonally adjusted current account deficit of NZ$5.9 billion in the third quarter of 2022, Statistics New Zealand said on Wednesday.
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South Korea Bourse May Halt Slide On Wednesday
The South Korea stock market has moved lower in back-to-back trading days, slipping more than 15 points or 0.7 percent along the way. The KOSPI now rests just above the 2,370-point plateau although it may find traction on Wednesday.
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BoJ Tankan Survey On Tap For Wednesday
The Bank of Japan will on Wednesday release its quarterly Tankan survey of business sentiment, highlighting a modest day for Asia-Pacific economic activity. The large manufacturers index is expected to see a score of +6, down from +8 in Q3, while the outlook is also pegged at +6 - down from +9 in the three months prior.
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TSX Fails To Retain Early Gains, Ends Flat
The Canadian market started off on a buoyant note on Tuesday but retreated and fell into the red around noon, and struggled to move higher thereafter and eventually ended the session flat.
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Dollar Loses Ground Against Major Rivals After Soft Inflation Data
The U.S. dollar drifted lower against its major counterparts on Tuesday amid bets the Federal Reserve will slowdown the pace of rate hike after data showed the nation's consumer price inflation slowed more than expected in November.
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Swiss Market Ends On Firm Note On Positive Global Cues
The Switzerland stock market ended on a strong note on Tuesday, in line with markets across Europe, after data showing a tamer-than-expected U.S. consumer price inflation helped ease concerns about the outlook for interest rates.
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European Stocks Close On Bright Note On Tamer-than-expected U.S. Inflation Data
European stocks closed on a strong note on Tuesday as tamer-than-expected U.S. inflation data helped ease concerns about the outlook for interest rates and lifted investor sentiment.
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Canadian Market Retreats After Upbeat Start, Up Just Marginally At Noon
Despite starting off on a buoyant note, the Canadian market is up just marginally in positive territory a little before noon on Tuesday with several stocks paring early gains due to stiff resistance at higher levels.
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Dollar Dips As Soft U.S. Inflation Data Reinforces Slower Rate Hike Bets
The U.S. dollar lost ground against its major counterparts in the European session on Tuesday, as the nation's consumer inflation slowed more than expected in November, supporting expectations for a slowdown in the pace of rate hike at the U.S. Federal Reserve's monetary policy meeting ending tomorrow.
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U.S. Consumer Prices Inch Slightly Higher In November, Annual Growth Slows
Consumer prices in the U.S. inched up by less than expected in the month of November, according to a highly anticipated report released by the Labor Department on Tuesday. The Labor Department said its consumer price index crept up by 0.1 percent in November after climbing by 0.4 percent in October. Economists had expected consumer prices to rise by 0.3 percent.
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Crown Holdings Says Icahn To Support All Its Nominees For Election At 2023 AGM
Crown Holdings, Inc. (CCK) announced Tuesday that it has entered into an agreement with Icahn Enterprises L.P., whereby Jesse Lynn and Andrew Teno, General Counsel of Icahn Enterprises and Portfolio Manager of Icahn Capital, respectively, will join the Company's Board of Directors, effective immediately.
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