Recouping the losses in the previous two sessions, the Japanese stock market is significantly higher in post-holiday trading on Tuesday, with the Nikkei 225 moving well above the 38,600 level, following the broadly positive cues from global markets overnight, with gains across most sectors led by Index heavyweights and technology stocks.
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 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.
Adding to the gains in the previous session, the Japanese stock market is sharply higher in post-holiday trading on Tuesday, with the Nikkei 225 moving well above the 38,500 level, following the broadly positive cues from Wall Street overnight, boosted by gains across most sectors led by exporters and index heavyweights.
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.