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Asian Market Updates

Taiwan Stock Market Draws Another Green Light

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

The Taiwan stock market on Thursday snapped the three-day losing streak in which it had tumbled nearly 200 points or 2.1 percent. The Taiwan Stock Exchange now rests just above the 9,640-point plateau and it has another positive lead for Friday.

The global forecast for the Asian markets is cautiously optimistic as the U.S. stock markets shrugged off heavy damage in the morning to rise again on bargain hunting - although weakness from crude oil prices may cap the upside.

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Market Analysis

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

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