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Asian Market Updates

Overbought Taiwan Stock Market Has Another Green Light

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

The Taiwan stock market has finished higher in eight straight sessions, rallying almost 4,600 points or 13.7 percent in that span. The Taiwan Stock Exchange now sits just above the 37,130-point plateau and it's tipped to at least open higher on Friday.

The global forecast for the Asian markets is cautiously optimistic on hopes for an end to hostilities in the Middle East. The European and U.S. markets were mostly higher and the Asian bourses are expected to open in similar fashion.

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Market Analysis

Global Economics Weekly Update: April 13 – April 17, 2026

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.