Asian stock markets are mostly lower on Wednesday, following the mixed cues from Wall Street overnight, as traders look to book some profits after the recent strength in the markets and amid lingering uncertainty about the outlook for interest rates.
Asian stock markets are mostly higher on Tuesday, following the broadly positive cues from global markets overnight, amid ongoing optimism about the outlook for the markets despite recent uncertainty about the likelihood of near-term interest rate cuts.
The Asian stock markets are trading mostly lower on Monday, despite the slightly positive cues from Wall Street on Friday, as traders reacted to key U.S. economic data, including a closely watched job growth data that came in stronger than expected in December, raising concerns about the outlook for interest rates.
Mirroring the broadly negative cues from global markets overnight, Asian stock markets are trading mostly lower on Thursday, amid the release of the minutes of the US Fed's latest monetary policy meeting, which indicated uncertainty over near-term interest rate cuts this year.
Asian stock markets are mostly lower on Wednesday, following the mostly negative cues from global markets overnight, as major currencies in the region were hit by a stronger US dollar.