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Asian Market Commentary

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Asian-Markets2_24May17.jpg Asian stock markets are higher on Thursday, though gains are modest in most markets, following the positive cues overnight from Wall Street after the release of the latest Federal Reserve minutes. Investors are looking ahead to an OPEC meeting later in the day, which is widely expected to extend output cuts.

Indian shares are poised to open higher on Thursday, tracking the positive global cues following the release of the minutes of the latest Federal Reserve meeting. The FOMC minutes were consistent with another hike in June, but conditional on recent economic softness proving transitory. Policy makers...

The Thai stock market has moved higher now in four straight sessions, gathering more than 20 points or 1.3 percent along the way. The Stock Exchange of Thailand now rests just above the 1,565-point plateau and it may add to its winnings again on Thursday. The global forecast for the Asian markets...

The Japanese stock market recovered after a weak start and is higher on Thursday following the positive lead overnight from Wall Street after the release of the latest Federal Reserve minutes. The Federal Reserve is still looking to raise interest rates, but policymakers agreed they should hold off...

The Australian stock market is declining on Thursday despite the positive cues from Wall Street after the release of the latest Federal Reserve minutes. Weakness in banking and oil stocks more than offset gains by miners. In late-morning trades, the benchmark S&P/ASX 200 Index is down 15.50 points...

The Hong Kong stock market has finished higher in four straight sessions, advancing more than 300 points or 1.2 percent along the way. The Hang Seng Index now rests just beneath the 25,430-point plateau and the win streak is expected to continue on Thursday. The global forecast for the Asian markets...

The China stock market on Wednesday halted the two-day slide in which it had fallen almost 30 points or 1 percent. The Shanghai Composite Index now rests just beneath the 3,065-point plateau and it is expected to open higher again on Thursday. The global forecast for the Asian markets suggests mild...

The Taiwan stock market has moved higher in three straight trading days, advancing almost 100 points or 1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 10,045-point plateau and it is called higher again on Thursday. The global forecast for the Asian markets suggests mild...

The Singapore stock market has ticked higher in back-to-back sessions, gathering almost 20 points or 0.6 percent along the way. The Straits Times Index now rests just above the 3,230-point plateau the market may open higher again on Thursday. The global forecast for the Asian markets suggests mild...

The Malaysia stock market bounced higher again on Wednesday, one session after it had ended the modest two-day winning streak in which it had picked up almost 8 points or 0.5 percent. The Kuala Lumpur Composite Index now rests just above the 1,770-point plateau and it may tick higher again on Thursday. The...

The South Korea stock market has climbed higher in four straight trading days, gathering almost 30 points or 1.3 percent on its way to another fresh record closing high. The KOSPI now rests just above the 2,315-point plateau and it may extend its gains again on Thursday. The global forecast for the...

Indian shares reversed early gains to end lower amid mixed global cues. While better-than-expected quarterly results from the likes of Tata Motors and Voltas supported sentiment in opening deals, geopolitical worries and news of a rating downgrade on China triggered profit taking at higher levels. Investors...

stockShares-Up-052417.jpg Asian stocks closed mostly higher on Wednesday after the Trump administration unveiled its first budget proposal and Moody's Investors Services downgraded China's long-term local and foreign currency issuer ratings, saying its debt levels are likely to increase further in the years ahead. A surge...

Indian shares opened higher on Wednesday after Tata Motors and Voltas posted better-than-expected quarterly results. Overall gains remained muted as investors awaited the minutes of the Fed's last policy meeting for further clues as to the pace and timing of possible interest rate hikes through the...

Asian-Markets1_23May17.jpg Asian stock markets are mostly higher on Wednesday following the positive lead overnight from Wall Street after the Trump administration unveiled its first budget proposal. However, gains are muted as investors look ahead to the release of minutes of the U.S. Federal Reserve's monetary policy meeting later today.

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