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Asian Market Updates

Taiwan Stock Market Tipped To Open In The Red

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

Ahead of Friday's holiday for the Dragon Boat Festival, the Taiwan stock market had finished higher in five straight sessions, jumping more than 3,350 points or 7.3 percent in that span on its way to a fresh record closing high. The Taiwan Stock Exchange now sits just above the 46,460-point plateau although the rally may stall on Monday.

The global forecast for the Asian markets is week after Iran closed down the Strait of Hormuz again over the weekend. The European markets were soft and the U.S. bourses were off and the Asian markets also figure to open in the red.

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Market Analysis

Global Economics Weekly Update -June 15 - June 19, 2026

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.