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Asian Markets Track Wall Street Lower
Asian markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, as traders remain concerned about the economic impact of fresh escalation in the Middle East war following attacks and counter attacks on critical energy infrastructure across the Middle East. Fading expectations for US Fed rate cuts this year is also weighing on market sentiment.
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176 days ago
Indian Shares Seen Higher At Open After Thursday's Slump
Indian shares look set to edge higher on Friday after oil prices reversed course before finishing in negative territory in the New York trading session overnight.
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176 days ago
Lower Open Anticipated For Thai Stock Market
The Thai stock market on Thursday ended the two-day winning streak in which it had picked up more than 35 points or 2.5 percent. The Stock Exchange of Thailand now sits just above the 1,415-point plateau and it's looking at another soft start again on Friday.
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176 days ago
Hong Kong Shares May Open Under Water On Friday
The Hong Kong stock market on Thursday halted the three-day winning streak in which it had advanced more than 550 points or 2.2 percent. The Hang Seng Index now rests just above the 25,500-point plateau and it may consolidate further on Friday.
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176 days ago
Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Friday, extending the sharp losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,500 level, with weakness mining and energy stocks partially offset by gains in technology stocks.
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176 days ago
Continued Consolidation Called For China Stock Market
The China stock market headed south again on Thursday, one day after ending the four-day losing streak in which it had dropped almost 85 points or 2.1 percent. The Shanghai Composite Index now sits just above the 4,000-point plateau and it's expected to open in the red again on Friday.
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176 days ago
Taiwan Shares May Take Further Damage On Friday
The Taiwan stock market on Thursday ended the two-day winning streak in which it had jumped more than 1,000 points or 3 percent. The Taiwan Stock Exchange now sits just beneath the 33,700-point plateau and it may open under pressure again on Friday.
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176 days ago
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Singapore Shares May Extend Thursday's Losses
The Singapore stock market on Thursday ended the three-day winning streak in which it had climbed more than 150 points or 3 percent. The Straits Times Index now rests just beneath the 4,960-point plateau and it's tipped to open in the red again on Friday.
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176 days ago
Malaysia Bourse May Test Support At 1,700 Points
The Malaysia stock market on Thursday ended the two-day winning streak in which it had collected more than 30 points or 2 percent. The Kuala Lumpur Composite Index now sits just above the 1,720-point plateau and it may take further damage on Friday.
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176 days ago
Soft Start Anticipated For South Korea Shares
The South Korea stock market on Thursday snapped the three-day winning streak in which it had surged more than 430 points or 7.8 percent. The KOSPI now sits just above the 5,760-point plateau and it may tick lower again on Friday.
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176 days ago
Hong Kong Inflation Data Due On Friday
Hong Kong will on Friday release February numbers for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In January, overall inflation was up 0.2 percent on month and 1.1 percent on year.
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176 days ago
ECB Holds Rates Steady, Revises Economic Forecasts Amid 'Significant Uncertainty' Due To Iran War
The European Central Bank left its key interest rates unchanged on Thursday, as expected, for a sixth policy session in a row amid the significant uncertainty caused by the war in the Middle East and raised the inflation forecasts for euro area as policymakers remain concerned about the impact of surging crude oil price, and expressed their readiness to act if needed.
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176 days ago
Swiss Market Ends Sharply Lower
Swiss stocks tumbled on Thursday, mirroring the trend seen across global markets, following deepening crisis in the Middle East following missile strikes at critical energy infrastructure in the region.
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176 days ago
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