Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on renewed optimism about the US Fed lowering interest rates at its next monetary policy meeting in December following dovish remarks by New York Fed President John Williams. Traders also continued to pick up stocks at…
Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and are reluctant to take major positions ahead of the monetary policy announcements from the European Central Bank, the US Fed and the Bank of Japan this week. Optimism about a potential U.S.-China trade…
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, as traders remain optimistic the US Fed will cut interest rate by another 50 bps by year-end on easing trade tensions between the U.S. and China and cooler-than-expected US consumer price inflation data. They now look…
Asian stock markets are trading mixed on Monday, following the broadly negative cues from Wall Street on Friday, dragged down by tumbling technology stocks that mirrored their peers on Nasdaq. Traders also are concerned about the renewed uncertainty about US President Donald Trump’s reciprocal tariffs after a U.S. federal appeals court ruled that the majority…
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid increasing optimism about the US Fed cutting interest rate in August based on last week’s weak economic data. Traders shrugged off concerns about the economic impact of US President Donald Trump’s “reciprocal tariffs” targeting more…