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Asian Markets Mixed Amid Cautious Trade


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. ....

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Asian Markets Mostly Higher With Strong Gains


Asian Markets Mostly Higher With Strong Gains
CANBERA (dpa-AFX) - Asian stock markets are mostly higher on Tuesday, following the broadly positive cues overnight from Wall Street, as the US Federal Reserve officials quell concerns about inflation and fears of monetary tightening by central banks. The coronavirus infection rate in the region is keeping the underlying mood cautious. Asian stocks ended mixed on Monday.
The Australian stock market is modestly higher on Tuesday, extending the gains of the previous three sessions, with the benchmark S&P/ASX 200 just below the 7,100 level near 14-month highs, following the broadly positive cues overnight from Wall Street. The market is powered by gains for energy, materials, financial and technology stocks. ....

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