Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, weighed down by concerns about the health of the US banking sector and broader economy after the downward revision in the ratings of ten smaller and midsize US banks by Moody's, with warning that six big banks might be downgraded as well.
Asian stock markets are trading mixed on Monday, following the broadly negative cues from Wall Street on Friday, as traders reacted to data showing less than expected employment growth in the U.
Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from global markets overnight, as traders took the opportunity to pick up stocks at relatively reduced levels following the recent sell-off.
Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious ahead of the US Fed's interest rate decision later in the day, where it is widely expected to raise interest rates by another 25 basis points.
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders react positively the China's Politburo decision to further support its ailing property sector with an economic stimulus.