Asian Markets Mixed Amid Cautious Trade
CANBERA (dpa-AFX) - Asian stock markets are mixed amid cautious trading on Wednesday, following negative cues overnight from Wall Street, as traders are uncertain about the near-term outlook for the markets following recent strength. Traders also continue to weigh the impact of a surge in coronavirus cases and extension of lockdown restrictions in several markets. Asian markets closed mixed on Tuesday.
However, the IMF opened its spring meetings on Tuesday by forecasting the strongest global expansion in at least four decades for this year.
Traders are also looking ahead to the release of the minutes of the Federal Reserve s latest monetary policy meeting on Wednesday, potentially shedding additional light on the outlook for interest rates.
Japanese Market Modestly Higher
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Japan, Taiwan insurers among biggest market-cap gainers in Q1
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Japanese Market Significantly Higher
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