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Asian Markets Trade Mixed
Asian stock markets are trading mixed on Tuesday, following the positive cues from Wall Street overnight, amid optimism about the outlook for interest rates, after the US Fed's latest projections hinted at three rate cuts early next year. However, several Fed officials have subsequently pushed back on investor hopes that rate cuts by the central bank are imminent.
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582 days ago
Yen Falls After BoJ Rate Decision
As expected, the Bank of Japan decided to retain a negative interest rate of 0.1 percent on current accounts that financial institutions maintain at the central bank.
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582 days ago
Sensex, Nifty Seen Marginally Lower At Open
Indian shares may open marginally lower on Tuesday, tracking mixed cues from global markets and amid reports of a surge in Corona cases in various states of the country.
Meanwhile, oil extended gains to hit a two-week high on increasing supply concerns as more companies shun the Red Sea because of increased attacks on commercial vessels by Houthi militants in Yemen.
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582 days ago
Japanese Market Slightly Lower
Extending the losses the previous session, the Japanese stock market is slightly lower on Tuesday, with the Nikkei 225 staying well below the 32,800 level, despite the broadly positive cues from Wall Street overnight, as traders cautiously await details of the Bank of Japan's final monetary policy meeting of the year.
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582 days ago
Thai Stock Market Likely To Extend Its Gains
The Thai stock market has finished higher in three straight sessions, gathering almost 35 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,395-point plateau and it's expected to open higher again on Tuesday.
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582 days ago
Indonesia Stock Market May Reverse Monday's Losses
The Indonesia stock market on Monday snapped the two-day winning streak in which it had gained more than 15 points or 0.2 percent. The Jakarta Composite Index now sits just beneath the 7,120-point plateau although it's predicted to see renewed support on Tuesday.
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582 days ago
Australian Market Notably Higher
Recouping the losses in the previous session, the Australian stock market is notably higher on Tuesday, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 7,400 level, with gains across most sectors, led by mining and energy stocks.
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582 days ago
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Hong Kong Shares Tipped To Bounce Higher Again On Tuesday
The Hong Kong stock market on Monday ended the two-day winning streak in which it had surged more than 500 points or 3 percent. The Hang Seng Index now sits just beneath the 16,630-point plateau although it's likely to rebound again on Tuesday.
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582 days ago
China Stock Market May Find Traction On Tuesday
The China stock market has moved lower in four straight sessions, slumping more than 70 points or 2.4 percent along the way. The Shanghai Composite Index now sits just above the 2,930-point plateau although it may halt its slide on Tuesday.
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582 days ago
RBA Minutes: Inflation Continues To Decline But Is Still Too High
Members of the Reserve Bank of Australia's Monetary Policy Board said that consumer prices in the country are continuing to fall, minutes from the central bank's Dec. 5 meeting showed on Tuesday - but they remain too high.
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582 days ago
Rebound Anticipated For Taiwan Stock Market
The Taiwan stock market on Monday halted the six-day winning streak in which it had climbed almost 210 points or 1.2 percent. The Taiwan Stock Exchange now sits just above the 17,650-point plateau although it's expected to bounce higher again on Tuesday.
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582 days ago
Singapore Bourse Expected To End Losing Streak
The Singapore stock market has finished lower in back-to-back sessions, sinking almost 10 points or 0.3 percent along the way. The Straits Times Index now sits just beneath the 3,115-point plateau although it may find traction on Tuesday.
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582 days ago
Malaysia Stock Market Poised To Extend Winning Streak
The Malaysia stock market has moved higher in six straight sessions, gathering almost 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,465-point plateau and it may add to its winnings again on Tuesday.
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582 days ago
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