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Asian Market Commentary

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Indian shares hit their highest level in more than a year on Wednesday, even as gains remained capped somewhat ahead of GDP data for the first quarter due later in the day and amid mixed global cues ahead of Friday's U.S. jobs report. With the rupee trading strong and renewed FII flows underscoring...

AsianMarkets-112514_31Aug16.jpg Asian stocks turned in a mixed performance on Wednesday, as oil prices slipped on a stronger dollar and Fed Vice Chair Stanley Fischer's upbeat assessment of the U.S. economy made it clear that a rate hike would be possible at the Fed's next policy meeting in September. While a drop in the yen following...

Indian shares opened higher on Wednesday, even as the rupee opened down 5 paise at 67.08 per dollar on expectations the Federal Reserve is moving closer to raising interest rates. The benchmark BSE Sensex was up 123 points or 0.43 percent at 28,466 in early trade, extending gains for the third straight...

Asianmarkets-111914_30Aug16.jpg Asian stock markets are exhibiting a mixed trend on Wednesday, tracking the negative cues overnight from Wall Street and lower commodity prices. Investors also treaded cautiously amid uncertainty over the outlook for U.S. interest rates and ahead of the release of Friday's closely-watched U.S. monthly jobs data.

Indian shares are seen opening flat to slightly lower on Wednesday after sharp gains in the previous session. Asian shares traded mixed this morning and oil prices slipped despite warnings of a tropical storm system developing around the Central-Eastern and Eastern Gulf of Mexico, while the U.S. dollar...

The Thai stock market has alternated between positive and negative finishes through the last nine trading days since the end of the three-day slide in which it had surrendered more than 20 points or 1.4 percent. The Stock Exchange of Thailand moved just above the 1,545-point plateau and the market figures...

The Japanese stock market is advancing on Wednesday despite the negative cues overnight from Wall Street as a weaker yen lifted exporters' shares. In late-morning trades, the benchmark Nikkei 225 Index is adding 119.29 points or 0.71 percent to 16,844.65, off a high of 16,885.36 earlier. The major...

The losing streak has hit three sessions now for the Indonesia stock market, which has surrendered more than 80 points or 1.7 percent in that span. The Jakarta Composite Index now rests just above the 5,360-point plateau, and the market is in line for further damage on Wednesday. The global forecast...

The Australian stock market is declining on Wednesday, tracking the negative lead overnight from Wall Street as well as lower commodity prices. Investors also digested mixed corporate earnings results. The benchmark S&P/ASX 200 Index is down 43.10 points or 0.79 percent to 5,435.20, off a low of 5,434.40...

The Hong Kong stock market has finished higher in two of three trading days since the end of the two-day slide in which it had given away almost 185 points or 0.8 percent. The Hang Seng Index now rests just above the 23,000-point plateau, although the market may hand back some of those gains on Wednesday The...

The China stock market has finished higher in two of three trading days since the end of the two-day losing streak in which it had fallen more than 20 points or 0.6 percent. The Shanghai Composite Index settled just beneath the 3,075-point plateau, and the market is looking at another narrow trading...

The Taiwan stock market turned barely higher again on Tuesday, one session after it had ended the two-day winning streak in which it had advanced almost 115 points or 1.3 percent. The Taiwan Stock Exchange remains just above the 9,110-point plateau, and the market is looking at another narrow trading...

The Singapore stock market has finished lower in three straight trading days, giving away more than 50 points or 1.8 percent in that span. The Straits Times Index remains just beneath the 2,830-point plateau, and the market is expected to remain rangebound on Wednesday. The global forecast for the...

The South Korea stock market on Tuesday snapped the four-day losing streak in which it had surrendered almost 20 points or 1 percent. The KOSPI now rests just beneath the 2,040-point plateau, although the market may be stuck in neutral on Wednesday. The global forecast for the Asian markets is soft,...

Indian shares hit more than one-year high on Tuesday as the dollar rally lost momentum on expectations the Federal Reserve may delay hiking interest rates until after the presidential election in November. While the RBI annual report dashed hopes of further rate cut in the near term, firm cues from...

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