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Asian Market Commentary

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Indian shares posted strong gains for the second day in a row on Friday, bonds rallied and the rupee strengthened sharply against the dollar after Moody's Investors Service upgraded India's sovereign rating for the first time in 14 years. Moody's also changed the rating outlook to 'stable' from 'positive'...

sharehigher3-111617.jpg Asian stocks extended gains to close broadly higher on Friday after U.S. House Republicans voted to approve the tax reform bill, a step forward on President Donald Trump's tax reform plan. The dollar weakened against the yen while oil held steady but was on track for its first weekly fall in six on...

Indian shares rose sharply for a second straight session on Friday, with banks as well as metal stocks leading the surge, after Moody's Investors Service upgraded India's local and foreign currency issuer ratings to 'Baa2' from 'Baa3' and changed the rating outlook to 'stable' from 'positive' saying...

Asian-Markets2_16Nov17.jpg Asian stock markets are mostly higher on Friday on improved risk appetite following the rebound on Wall Street overnight on upbeat corporate earnings results and as House Republicans voted to approve the tax reform bill. Crude oil prices firmed after declining overnight.

Indian shares look set extend the previous session's rally on Friday after Moody's Investors Service upgraded India's local and foreign currency issuer ratings to 'Baa2' from 'Baa3' and changed the rating outlook to 'stable' from 'positive' saying the economic and institutional reforms pushed through...

The Thai stock market has finished higher in two of three trading days since the end of the three-day slide in which it had fallen almost 30 points or 1.6 percent. The Stock Exchange of Thailand remains just above the 1,690-point plateau and it's in line for further damage again on Thursday. The global...

The Japanese stock market is notably higher on Friday, extending gains from the previous session as the overnight rebound on Wall Street lifted investor sentiment. Exporters' shares are also mostly advancing despite a stronger yen. In late-morning trades, the benchmark Nikkei 225 Index is rising 317.76...

The Indonesia stock market on Thursday snapped the three-day losing streak in which it had retreated more than 50 points or 0.8 percent. The Jakarta Composite Index now rests just above the 6,035-point plateau and it's looking at another green light for Friday. The global forecast for the Asian markets...

The Australian stock market is advancing on Friday following the rebound on Wall Street overnight on upbeat corporate earnings results and as House Republicans passed a tax reform bill. Banks and oil stocks are among the major gainers. In late-morning trades, the benchmark S&P/ASX 200 Index is adding...

The Hong Kong stock market on Thursday wrote a finish to the two-day slide in which it had given away more than 330 points or 1.2. The Hang Seng Index now rests just beneath the 29,020-point plateau and it figures to extend its gains on Friday. The global forecast for the Asian markets is upbeat thanks...

The China stock market has moved lower in three consecutive trading days, surrendering almost 50 points or 1.4 percent along the way. The Shanghai Composite Index now rests just beneath the 3,400-point plateau although it may find traction on Friday. The global forecast for the Asian markets is upbeat...

The Taiwan stock market has moved lower in back-to-back sessions, sliding more than 60 points or 0.6 percent along the way. The Taiwan Stock Exchange now rests just above the 10,625-point plateau and it's expected to halt its losing streak on Friday. The global forecast for the Asian markets is upbeat...

The Singapore stock market has finished lower in five straight sessions, tumbling more than 80 points or 2.4 percent along the way. The Straits Times Index now rests just above the 3,340-point plateau although it's expected to find traction on Friday. The global forecast for the Asian markets is upbeat...

The losing streak has hit five sessions now for the Malaysia stock market, which has tumbled almost 30 points or 1.8 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,720-point plateau although it may finally stop the bleeding on Friday. The global forecast for the...

The South Korea stock market on Thursday halted the five-day losing streak in which it had fallen more than 30 points or 1.3 percent. The KOSPI now rests just beneath the 2,535-point plateau and it's expected to add to its winnings on Friday. The global forecast for the Asian markets is upbeat thanks...

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