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Asian Market Commentary

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Indian shares rose notably on Thursday, even as global markets turned more defensive in the wake of mixed earnings results, little clarity in the Federal Reserve's policy statement on the next rate hike and amid caution ahead of the Bank of Japan's policy review, due Friday. Domestic sentiment was...

Asian-Markets2_28Jul16.jpg Asian stocks ended on a mixed note on Thursday as the yen strengthened and oil prices hovered near three-month lows on growing concerns regarding oversupply. While the Federal Reserve's latest policy statement came along expected lines with no clues on the timing and pace of interest rate hikes, the...

Indian shares rose in early trade Thursday and the rupee opened higher at 67.06 per dollar to extend gains for the third consecutive session, after the Union Cabinet cleared changes in the GST Constitutional Amendment Bill in a bid to strengthen the chances of passage of the crucial legislation that...

Asian-Market-100912_27Jul16.jpg Asian stock markets, with the exception of Australia, are in negative territory on Thursday tracking the lackluster cues from Wall Street following the FOMC rate decision and the fall in crude oil prices to a three-month low overnight. Investors are also digesting mixed corporate earnings results.

Indian shares are seen opening flat to slightly higher on Thursday after the Union Cabinet cleared changes in the GST Constitutional Amendment Bill, dropping the 1 percent manufacturing tax and providing for full compensation to states for any revenue loss in the first five years of roll out of the new...

The Thai stock market bounced higher again on Wednesday, one session after it had ended the two-day winning streak in which it had gained almost 10 points or 0.67 percent. The Stock Exchange of Thailand now rests just above the 1,515-point plateau, and the market is looking at continued support on Thursday. The...

The Japanese stock market is declining on Thursday, with exporters' shares dragged lower by a stronger yen after the U.S. Federal Reserve left interest rates unchanged. Investors are also cautious ahead of the Bank of Japan's two-day monetary policy meeting that starts today. In late-morning trades,...

The Indonesia stock market has finished higher in three straight sessions, advancing more than 75 points or 1.5 percent along the way. The Jakarta Composite Index settled just beneath the 5,275-point plateau, and the market is looking at another firm lead for Thursday. The global forecast for the...

The Australian stock market is higher on Thursday, though gains are modest following another mixed lead from Wall Street. Mining stocks are among the leading gainers. Investors also digested mixed corporate earnings results. In late-morning trades, the benchmark S&P/ASX 200 Index is adding 13.40...

The win streak has hit three sessions for the Hong Kong stock market, which has climbed more than 255 points or 1.1 percent along the way. The Hang Seng Index settled just beneath the 22,220-point plateau, and the market may see continued support on Thursday. The global forecast for the Asian markets...

The China stock market on Wednesday ended the two-day winning streak in which it had advanced almost 40 points or 1.3 percent. The Shanghai Composite Index settled just above the 2,990-point plateau, although the market may tick higher on Thursday. The global forecast for the Asian markets suggests...

The Taiwan stock market has moved to the upside in consecutive trading days, gathering more than 70 points or 0.7 percent along the way. The Taiwan Stock Exchange now rests just beneath the 9,065-point plateau, and the win streak may continue for the market on Thursday. The global forecast for the...

The Singapore stock market has finished higher in back-to-back sessions, collecting almost a dozen points or 0.4 percent along the way. The Straits times Index settled just above the 2,940-point plateau, and the market is looking at continued support on Thursday. The global forecast for the Asian...

The Malaysia stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had given away almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,665-point plateau, and the market may add to its winnings on...

The South Korea stock market on Wednesday snapped the two-day winning streak in which it had picked up more than 15 points or 0.8 percent. The KOSPI remains just above the 2,025-point plateau, although the market may bounce higher again on Thursday. The global forecast for the Asian markets suggests...

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