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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.
Recouping some of the losses in the previous two sessions, the Australian stock market is slightly higher on Friday, following the mixed cues from Wall Street overnight.
Australian shares are trading sharply lower on Wednesday, giving up the gains in the previous session, with the benchmark S&P/ASX 200 falling well below the 7,600 level, following the mostly negative cues from global markets overnight, with losses across most sectors led by technology and mining stocks.
Asian stock markets are mostly lower on Wednesday, following the mostly negative cues from global markets overnight, as major currencies in the region were hit by a stronger US dollar.
Giving up some of the gains in the previous two sessions, the Australian stock market is modestly lower on Friday, following the lackluster cues from Wall Street overnight.