logo

Asian Market Commentary

Share SHARE

The Indian markets closed on a flat note on Wednesday as expectations that the Reserve Bank of India (RBI) will likely cut rates once again on June 2 helped offset some disappointing earnings and worries over the pace of future Fed rate hikes. After cutting rates twice this year, the RBI is widely...

Asian-Markets2_27May15.jpg Asian stocks fell broadly on Wednesday as Greece's fiscal woes, heightened political instability in Spain and Poland and growing concerns that the U.S. Federal Reserve may raise interest rates later this year sent investors scrambling for safe-haven assets such as government debt and the U.S. dollar....

Indian shares fell on Wednesday, as disappointing quarterly results from companies such as Tata Motors and Tech Mahindra and weak global cues on growing worries that the Federal Reserve will raise rates sooner rather than later sapped investors' appetite for risk. The Indian rupee has breached the...

Asian-Market-100912_26May15.jpg Asian stock markets are mostly in negative territory on Wednesday, tracking the weak lead overnight from Wall Street as upbeat U.S. economic data overnight spurred concerns of an interest rate hike sooner rather than later. Additionally, a stronger U.S. dollar dragged down most commodity prices and weighed on resource stocks.

The Indian markets are set to open lower on Wednesday, tracking a sell-off in global markets as a slew of upbeat U.S. data fueled expectations that the Federal Reserve will raise rates sooner rather than later. The Asian markets are declining across the board and the dollar extended overnight gains...

The Thai stock market has finished lower now in three straight sessions, giving away almost 30 points or 2 percent along the way. The Stock Exchange of Thailand now rests just below the 1,500-point plateau, and the market may extend its losses on Wednesday. The global forecast for the Asian markets...

The Japanese stock market is marginally lower on Wednesday, following the negative cues overnight from Wall Street and as investors resorted to profit taking after eight straight days of gains. In late-morning trades, the benchmark Nikkei 225 Index is down 16.13 points or 0.08 percent to 20,421.35,...

The Indonesia stock market turned higher again on Tuesday, one session after it had ended the five-day winning streak in which it had advanced more than 95 points or 1.7 percent along the way. The Jakarta Composite Index settled just above the 5,320-point plateau, although the market figures to see renewed...

The Australian stock market opened lower on Wednesday, tracking the weak cues overnight from Wall Street. Additionally, a stronger U.S. dollar dragged down most commodity prices and weighed on resource stocks. In late-morning trades, the benchmark S&P/ASX200 Index is declining 35.20 points or 0.61...

The Hong Kong stock market has tracked to the upside in back-to-back sessions, advancing almost 730 points or 2.6 percent along the way. The Hang Seng Index now rests just below the 28,250-point plateau, although the market is looking at renewed consolidation on Wednesday. The global forecast for...

The winning streak has stretched to six sessions now for the China stock market, which has skyrocketed almost 625 points or 13 percent on its way to another fresh seven-year closing high. The Shanghai Composite Index now rests just above the 4,910-point plateau, although the market is looking at a decidedly...

The Taiwan stock market has closed higher now in three straight trading days, collecting more than 90 points or 0.95 percent along the way. The Taiwan Stock Exchange settled just below the 9,670-point plateau, although the rally is likely to stall on Wednesday. The global forecast for the Asian markets...

The Singapore stock market gave up less than a single point on Tuesday, but that was enough to snap the three-day winning streak in which it had advanced more than 20 points or 0.6 percent. The Straits Times Index slid just beneath the 3,460-point plateau, and the losses figure to accelerate on Wednesday. The...

The losing streak has stretched to four sessions now for the Malaysia stock market, which has given away almost 45 points or 2.6 percent in that span. The Kuala Lumpur Composite Index settled just below the 1,765-point plateau, and the market figures to take further damage on Wednesday. The global...

The South Korea stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had collected more than 30 points or 1.4 percent. The KOSPI settled just below the 2,145-point plateau, and the market may extend its losses on Wednesday. The global...

Follow RTT