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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.
Australian shares inched higher on Friday, but were poised for their worst week since late October as caution prevailed ahead of a key domestic inflation report that could provide clues on the central...
Australian shares fell on Thursday after global markets extended a decline on doubts about the number of U.S. interest rate cuts this year, even as the Federal Reserve almost declared victory in...
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.
The Australian market is modestly lower on Thursday, extending the losses in the previous session, following the broadly negative cues from global markets overnight.