Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from global markets overnight, on renewed optimism over the outlook for interest rates, with traders growing increasingly confident about a rate cut in the coming months and largely eliminating short-lived concerns the US Fed might actually consider raising rates.
Asian stock markets are trading mixed on Monday, following the broadly positive cues from global markets on Friday, on easing concerns about the outlook for US Fed interest rates after data showed a slowdown in U.
Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, with the markets reacting to the US Fed's decision to hold interest rates steady, while also ruling out a rate hike in the near future.
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from global markets on Friday, as traders reacted to upbeat US inflation data and a drop in treasury yields, which may have helped mitigate any negative response to the inflation data.
Following the mixed cues from Wall Street overnight, Asian stock markets are also trading mixed on Thursday, as traders remain cautious ahead of the report on first quarter US GDP data that could have an impact on the outlook for interest rates.