Asian stock markets is trading mostly lower on Monday, following the negative cues from Wall Street on Friday, after some upbeat US economic data reignited concerns about the possibility of future interest rate hikes.
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, as traders remained cautious ahead of the release of a key US inflation data later in the day that could influence the outlook for interest rates.
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from global markets overnight and reflecting ongoing concerns about the outlook for the global economy following the recent release of disappointing economic data across the globe.
Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, on continued optimism the US Fed will leave interest rates unchanged amid data showing US consumer price growth accelerated in line with economist estimates in July.
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from global markets overnight, as softer-than-expected consumer sentiment and job openings data, helped ease concerns about interest rates, lifting investor sentiment.