Asian stock markets are trading mostly higher, following the broadly positive cues from global markets overnight, with some traders picking up stocks at a bargain after the recent slump. Traders also remained largely cautious amid lingering concerns about the tensions in the Middle East, and worries about interest rates and inflation. Asian markets closed mostly lower on Monday.
Snapping the two days of declines, the Australian stock market is notably higher on Tuesday, following the broadly positive cues from global markets overnight. The benchmark S&P/ASX 200 stayed above the 7,000 mark, with gains across most sectors led by mining and technology stocks.
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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.