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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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.