Singapore Stocks Seen To Extend Gains []

Singapore Stocks Seen To Extend Gains []
After snapping a four-day losing streak, the Singapore stock market looks poised to climb further into positive territory when the Straits Times Index opens for business on Wednesday. Tuesday's rebound was based on bargain hunting after the index had plummeted by more than 230 points over the previous four sessions.

Stocks Move Lower Amid Concerns About Stagflation - U.S. Commentary []
With traders expressing some concern about the outlook for the economy, the U.S. stock markets are seeing weakness in morning trading on Monday. Stocks have moved mostly lower, extending the downward move that was seen in the previous session.

Singapore Dollar Slides Against Greenback [USD/SGD]
Losing ground around 9:05 pm ET Tuesday, the Singapore dollar gave back the early Asian session's gains against its US counterpart. The Singapore dollar thus slipped from 1.4563 to 1.4621 at about 3:50 am Eastern Time. The pair, which closed yesterday's deals at 1.4589, is currently trading near 1.4602.

Kiwi Spikes Against Majors [NZD/USD]
The kiwi spiked against its major counterparts at about 7:45 am ET. As of now, it is trading at 0.7566 against the US dollar, 85.47 against the yen and 1.1381 against the Australian dollar.

Stocks Face Headwinds Friday Morning Ahead Of Key Inflation Reading - US Commentary []
Early signals are pointing to a rough open for US stocks on Friday amid more troubling new from the financial sector. Later in the day, investors will be treated to a key reading on inflation.