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Asian Market Updates

Taiwan Shares May See Positive Bounce On Wednesday

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The Taiwan stock market has moved lower in two of three sessions since the end of the three-day winning streak in which it had picked up more than 200 points or 2 percent. The Taiwan Stock Exchange now rests just beneath the 9,720-point plateau and it's expected to remain rangebound again on Wednesday.

The global forecast for the Asian markets is mixed to higher, due mainly to bargain hunting after heavy losses in recent sessions. The European markets were down and the U.S. bourses were up and the Asian markets are tipped to follow the latter lead.

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Market Analysis

Global Economics Weekly Update - May 04 – May 08, 2026

May 08, 2026 15:50 ET
Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.

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