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Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from Wall Street overnight, with markets in South Korea and Taiwan leading regional gains, thanks to support from technology stocks and easing crude oil prices. Persistent optimism about an end to the Middle East war and the potential opening of the Strait of Hormuz are aiding market sentiment.
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107 days ago
Indian Shares Likely To Open On Cautious Note
Indian shares are seen opening on a cautious note on Wednesday as investors react to renewed U.S.-Iran tensions and lingering uncertainty surrounding the strategic Strait of Hormuz.
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107 days ago
Japanese Market Sharply Higher At All-time Highs
The Japanese stock market is trading sharply higher on Wednesday, reversing the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 65,900 level to fresh all-time highs, with gains in technology stocks partially offset by weakness in automakers and financial stocks.
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107 days ago
Win Stream May Continue For Thai Stock Market
The Thai stock market has finished higher in five straight trading days, advancing more than 35 points or 2.5 percent along the way. The Stock Exchange of Thailand now sits just above the 1,550-point plateau and it may add to its winnings on Wednesday.
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107 days ago
Hong Kong Bourse May Reverse Tuesday's Losses
The Hong Kong stock market turned lower again on Tuesday, one session after ending the two-day slide in which it had given up more than 410 points or 1.7 percent. The Hang Seng Index now sits just beneath the 25,600-point plateau although it's tipped to open in the green on Wednesday.
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107 days ago
Australian Market Modestly Lower
Australian shares are trading modestly lower on Wednesday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 8,650 level, following the mixed cues from Wall Street overnight, with weakness in financial stocks partially offset by gains in mining stocks. Most other sectors were mixed.
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107 days ago
China Shares May Bounce Higher Again On Wednesday
The China stock market on Tuesday snapped the two-day winning streak in which it had climbed more than 75 points or 1.8 percent. The Shanghai Composite Index now sit just beneath the 4,150-point plateau although they're expected to find renewed support on Wednesday.
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107 days ago
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Technology Shares May Propel Taiwan Stock Market
The Taiwan stock market on Tuesday ended the three-day winning streak in which it had climbed more than 3,650 points or 9.1 percent. The Taiwan Stock Exchange now sits just above the 43,525-point plateau and it's expected to open to the upside on Wednesday.
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107 days ago
Japan Producer Prices Rise 3.0% On Year In April
Producer prices in Japan were up 3.0 percent on year in April, the Bank of Japan said on Wednesday - beneath expectations for 3.3 percent, which would have been unchanged from the March reading.
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107 days ago
Rebound Predicted For Japan Stock Market
The Japanese stock market on Tuesday halted the three-day winning streak in which it had gained more than 5,350 points or 8 percent. The Nikkei 225 now sits just shy of the 65,000-point plateau although it may bounce higher again on Wednesday.
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107 days ago
Overbought KOSPI Tipped To Open In The Green
The South Korea stock market has finished higher in three straight sessions, advancing almost 850 points or 10 percent in that span. Now at a fresh record closing high, the KOSPI now sits just beneath the 8,050-point plateau and it may tick higher again on Wednesday.
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107 days ago
New Zealand Rate Decision Due On Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBNZ is expected to keep its Official Cash Rate steady at 2.25 percent.
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107 days ago
U.S. Dollar Ticks Higher Amid Fresh U.S. Strikes On Iran
The U.S. Dollar value moved higher as U.S.-Iran peace deal continues to remain elusive while U.S. conducted "self-defense" strikes on Iran renewing Middle East tensions.
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107 days ago
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