Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as investors remained cautious, while reassessing the outlook for the interest rate hikes by major central banks amid persistent inflation and a potential recession. The Asian markets closed mostly higher on Monday.
Investors also await the U.S. quarterly GDP growth rate numbers due later in the week to assess the outlook for U.S. rate hikes and the potential for a recession.-Buying interest may be somewhat subdued, however, as concerns about inflation and a potential recession continue to hang over the markets.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.