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CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Wednesday, following the lack of cues overnight from Wall Street. Traders are refraining from making significant moves ahead
Asian Markets Mostly Higher Amid Cautious Trade
CANBERA (dpa-AFX) - Asian stock markets are mostly higher on Tuesday, despite the absence of fresh cues from Wall Street, which was closed overnight for a holiday. The coronavirus infection rate in the region is keeping the underlying mood cautious as it is bound to impact the pace of global economic recovery from the pandemic. Asian stocks ended mixed on Monday.
The Australian stock market is modestly lower on Tuesday, extending the losses of the previous session, with the benchmark S&P/ASX 200 staying just above the 7,100 level, with the absence of fresh cues from Wall Street. Gold miners and banks are weighing down the market with mining giants and energy stocks offering resistance.
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Asian Markets Mixed Amid Cautious Trade
CANBERA (dpa-AFX) - Asian stock markets are trading mixed on Thursday, following the positive cues overnight from Wall Street on continued economic optimism as the country continues to reopen following the coronavirus pandemic. Buying interest remained subdued as traders look ahead to Friday s closely watched inflation reading, which could directly affect the current levels of stimulus. Asian markets closed mixed on Wednesday.
Traders are also cautious and refraining from making major moves amid the continued surge in coronavirus cases in most markets in the region, particularly in India and Japan. The efforts to control the pandemic is also leading to restrictions and lockdowns is several areas in the region.