The Australian and New Zealand dollars remained vulnerable to further losses on Monday as speculation about higher U.S. interest rates pressured risk sentiment, while tighter Australian policy failed to provide any assistance.
The dollar was steady on Monday as traders awaited another batch of inflation data from the United States that is expected to offer further clues this week on whether the Federal Reserve has more work to do to tame price pressures.
Chicago corn futures on Monday hovered near a three-year low hit in the previous session as the market absorbed last week's U.S government forecast that farmers will produce the biggest corn crop on record this year.
(RTTNews) - The Hong Kong stock market has closed lower in four straight sessions, slumping more than 750 points or 4.4 percent along the way. The Hang Seng Index now rests just above the 17,200-point plateau although it my find traction on Monday.
(RTTNews) - The Thai stock market has moved lower in back-to-back sessions, stumbling more than 20 points or 1.3 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,390-point plateau although it's expected to stop the bleeding on Monday.
The Indian rupee, fresh off a record low, will take cues from U.S. inflation data to gauge how well placed are expectations that the Federal Reserve is done with hiking rates, while government bonds will also depend on local inflation data.
At least three Russian officers were killed in the Moscow-controlled Ukrainian city of Melitopol in a blast Ukraine's intelligence said on Sunday was an "act of revenge" by local resistance groups.
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(RTTNews) - The China stock market finished lower again on Friday, one session after ending the two-day slide in which it had eased six points or 0.2 percent. The Shanghai Composite Index now rests just beneath the 3,040-point plateau although it figures to open higher again on M
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(RTTNews) - The Taiwan stock market on Friday halted the seven-day winning streak in which it had surged more than 750 points or 4.8 percent. The Taiwan Stock Exchange now sits just above the 16,680-point plateau although it may bounce higher again on Monday.
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