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Indian shares rose modestly on Friday, with positive global cues and rising expectations for an interest rate cut next week underpinning sentiment. Asian markets are trading mostly higher, with key benchmark indexes in Australia, Hong Kong, Japan and South Korea rising between 0.8 percent and 1.6 percent, as data showing an uptick in U.S. jobless [...]
Continue Reading →Indian shares fell in early trading on Monday, as weak U.S. jobs data cast doubts over the strength of the global economic recovery. Commodities fell and Asian markets retreated across the board, dampening investor sentiment. A few Asian markets, including Australia, New Zealand and Hong Kong, and European markets remain closed today for Easter Monday [...]
Continue Reading →European shares may edge lower on Wednesday, extending the previous session’s losses, as the minutes of the latest monetary policy meeting of the U.S. Federal Reserve dashed hopes of further economic stimulus. U.S. stocks and Treasury prices dropped overnight after the release of the Fed minutes, commodities are retreating and Asian stocks are trading mostly [...]
Continue Reading →Asian shares ended mostly lower on Tuesday, with markets in Hong Kong and China pacing the declines, as concerns about the strength of Chinese demand pulled down commodity prices and increased demand for the greenback.
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