Asian stocks held recent gains in thin holiday trade on Thursday, with Japanese markets closed on account of Workers Day.
Underlying sentiment remained supported somewhat on expectations that the rate-hike cycle has ended globally and rate cuts might begin next year.
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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.