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Asian Market Commentary

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The Indian markets ended a range-bound session marginally lower on Tuesday even as lower oil prices opened up the space for further monetary easing. Amid mixed global cues, traders awaited first-quarter earnings of IT major Tata Consultancy Services due on Thursday and industrial output data slated for...

AsianMarkets-112514_07Jul15.jpg Asian stocks steadied on Tuesday as investors shrugged off concerns about Greece's debt situation and waited for cues from another emergency meeting of Eurozone finance ministers scheduled later in the day to discuss the fallout from Greece's bailout referendum. With Greece's finance minister Yanis...

The Indian markets opened slightly higher on Tuesday, as a renewed downturn in oil prices helped offset worries about Greece. The benchmark BSE Sensex is currently up 33 points or 0.12 percent at 28,242. The broader Nifty index is up 19 points or 0.22 percent at 8,541, with PNB, Wipro, IndusInd...

The Indian markets look set to open on a flat note Tuesday, tracking mixed global cues as investors fret over China's economy and Greece's future in the euro zone. That said, a renewed downturn in oil prices can act as a sentiment booster as the session progresses. U.S. crude futures slumped nearly...

The Thai stock market has finished lower now in three straight sessions, giving away more than 30 points or 2 percent in that span. The Stock Exchange of Thailand settled just shy of the 1,475-point plateau, although the market may find traction on Tuesday. The global forecast for the Asian markets...

Asian-Markets1_06Jul15.jpg Asian stock markets are mostly higher on Tuesday as investors resorted to bargain hunting, following the steep losses in the previous session after Greek voters overwhelmingly rejected a bailout offer by creditors in the weekend's referendum. In addition, the overnight plunge in crude oil prices boosted airline and utility stocks.

The Indonesia stock market on Monday snapped the two-day winning streak in which it had advanced almost 80 points or 1.8 percent. The Jakarta Composite Index now rests just above the 4,915-point plateau, although the market may take further damage again on Tuesday. The global forecast for the Asian...

The Japanese stock market is notably higher on Tuesday as investors resorted to bargain hunting following the steep losses in the previous session. Additionally, a weaker yen boosted exporters' stocks. In late-morning trades, the benchmark Nikkei 225 Index is gaining 268.03 points or 1.33 percent...

The Australian stock market rebounded on Tuesday, reclaiming all of the ground lost in the previous session's sell-off, ahead of the Reserve Bank of Australia's policy decision due later in the day. Banks and mining stocks are leading the gainers. In late-morning trades, the benchmark S&P/ASX200 Index...

The Hong Kong stock market has tracked lower now in two straight sessions, plummeting more than one thousand points or 4 percent in that span. The Hang Seng Index settled just above the 25,230-point plateau, and the market is looking at another weak lead again on Tuesday. The global forecast for the...

The China stock market on Monday snapped the three-day slide in which it had retreated more than 520 points or 12 percent. The Shanghai Composite Index settled just above the 3,775-point plateau, and the market figures to be in for another wild ride again on Tuesday. The global forecast for the Asian...

The Taiwan stock market has finished lower now in two straight sessions, tumbling almost 125 points or 1.3 percent along the way. The Taiwan Stock Exchange now rests just above the 9,255-point plateau, and the market may extend its losses again on Tuesday. The global forecast for the Asian markets...

The Singapore stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had collected more than 50 points or 1.5 percent. The Straits Times Index now rests just above the 3,330-point plateau, and the market is looking at continued selling pressure...

The Malaysia stock market on Monday wrote a finish to the four-day winning streak in which it had added more than 40 points or 2.3 percent. The Kuala Lumpur Composite Index settled just above the 1,715-point plateau, and the market may taste continued weakness at the open on Tuesday. The global forecast...

The South Korea stock market has finished lower now in back-to-back sessions, giving away almost 55 points or 2.5 percent along the way. The KOSPI now rests just above the 2,050-point plateau, and the market is looking at another soft start again on Tuesday. The global forecast for the Asian markets...

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