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Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving a tad above the 7,800 level, despite the broadly negative cues from Wall Street overnight, as traders awaited domestic inflation data for clues on the Reserve Bank of Australia's monetary policy path. ....

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Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as traders reacted to mixed US monthly jobs data and are cautious ahead of the release of key US inflation data on Tuesday that could have a more profound impact on the outlook for interest rates. ....

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