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Asian Market Commentary

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asiancommentary-jan02_18sep19.jpg  Asian stock markets are mostly higher on Thursday after the U.S. Federal Reserve announced its widely expected decision to cut interest rates for the second time this year, but offered mixed signals about the outlook for interest rates. Investors now look ahead to the Bank of Japan's monetary policy decision due later today.

Indian shares look set to open on a firm note Thursday on the back of positive global cues and a decline in global oil prices for a second straight session overnight after data showed an increase in U.S. crude stockpiles last week. The upside, if any, may remain capped on growth concerns after data...

The Thai stock market on Wednesday halted the three-day winning streak in which it had risen just 3 points. The Stock Exchange of Thailand now rests just shy of the 1,655-point plateau and it's likely to remain in that neighborhood again on Thursday. The global forecast for the Asian markets suggests...

The Indonesia stock market has climbed higher in consecutive trading days, gathering more than 55 points or 0.9 percent along the way. The Jakarta Composite Index now rests just above the 6,275-point plateau although it may run out of steam on Thursday. The global forecast for the Asian markets suggests...

The Japanese stock market is rising on Thursday after the U.S. Federal Reserve announced its widely expected decision to cut interest rates for the second time this year. Investors now look ahead to the Bank of Japan's monetary policy decision due later today. The central bank is widely expected...

The Hong Kong stock market has moved lower in three straight sessions, dropping almost 600 points or 2.1 percent along the way. The Hang Seng Index now rests just beneath the 26,755-point plateau and it may open under pressure again on Thursday. The global forecast for the Asian markets suggests volatility...

The Australian stock market is advancing on Thursday after the U.S. Federal Reserve announced its widely expected decision to cut interest rates for the second time this year. Investors now look ahead to Australia's unemployment data for August to be released later today. The benchmark S&P/ASX 200...

The China stock market on Wednesday snapped the two-day slide in which it had given up more than 50 points or 1.6 percent. The Shanghai Composite Index now rests just above the 2,985-point plateau although it may open lower again on Thursday. The global forecast for the Asian markets suggests volatility...

The Taiwan stock market bounced higher again on Wednesday, one session after it had ended the three-day winning streak in which it had advanced more than 140 points or 1.4 percent. The Taiwan Stock Exchange now rests just beneath the 10,930-point plateau although it's expected to head south again on...

The Singapore stock market has moved lower in three straight trading days, sliding almost 45 points or 1.4 percent along the way. The Straits Times Index now rests just above the 3,165-point plateau and it's looking at a narrow trading range on Thursday. The global forecast for the Asian markets suggests...

The Malaysia stock market on Wednesday snapped the two-day winning streak in which it had risen just over 3 points. The Kuala Lumpur Composite Index now rests just beneath the 1,600-point plateau and it's likely to remain rangebound again on Thursday. The global forecast for the Asian markets suggests...

The South Korea stock market finished higher in nine straight sessions, accelerating almost 100 points or 5.1 percent along the way. The KOSPI now rests just above the 2,070-point plateau although it's overdue for consolidation on Thursday. The global forecast for the Asian markets suggests volatility...

Indian shares ended a range-bound session on a firm note Wednesday as oil extended overnight losses and reports suggested that the GST Council will discuss the agenda on tax cuts for various sectors including the auto sector on Friday. The benchmark S&P BSE Sensex ended the session up 82.79 points,...

Asian stocks turned in a mixed performance on Wednesday as investors awaited the outcome of a Federal Reserve meeting later in the day and looked for progress in U.S.-China trade talks. Energy stocks followed oil prices lower after Saudi Arabia said it would be able to meet oil customers' demand...

Indian shares opened on a positive note on Wednesday as oil prices retreated and investors looked forward to an interest rate cut by the U.S. Federal Reserve later today. The benchmark S&P BSE Sensex rose by 143 points, or 0.39 percent, to 36,625 after plunging as much as 1.7 percent on Tuesday....

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