Asian stock markets are trading mixed on Thursday, following the mixed cues overnight from Wall Street as the surge in infections due to the delta variant of the coronavirus, and curbs on travel in several countries raised some uncertainty about the pace of global economic rebound and rendered the mood cautious. Asian markets closed mixed on Wednesday.
It is also feared that more countries will likely impose stricter restrictions on movements if the spread of the virus does not show signs of slowing down sometime soon. Investors seemed wary of creating fresh positions, despite recent reassurances from the Federal Reserve that they will continue with their accommodative monetary policies.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.