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European Shares To Open Mostly Lower As Trump Picks JD Vance As Running Mate
European stocks are seen opening on a sluggish note Tuesday as investors fret about a second Trump presidency and its implications for U.S. foreign policy.
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Sensex, Nifty Marginally Higher In Early Trade
Indian shares were a tad higher in early trade on Tuesday despite muted cues from other Asian markets.
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Asian Markets Trading Mostly Lower
Asian stock markets are trading mostly lower on Tuesday, despite the broadly positive cues from Wall Street overnight, as traders reacted to some disappointing economic data from China. Optimism about an interest rate cut by the US Fed in September continued to aid sentiment. Asian markets closed mixed on Monday.
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Sensex, Nifty Set To Follow Asian Peers Lower
Indian shares may open marginally lower on Tuesday as investors react to weak Asian cues and data showing India's trade deficit narrowed in June on the back of some recovery in global demand and the shrinking of import bill.
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Japanese Market Modestly Higher
Recouping some of the sharp losses in the previous session, the Japanese stock market is modestly higher in post-holiday trade on Tuesday, with the Nikkei 225 moving above the 41,300 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by index heavyweights and financial stocks.
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Australian Market Slightly Lower
Giving up some of the gains in the previous three sessions, the Australian stock market is trading slightly lower on Tuesday, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying a tad above the 8,000 mark, with losses in iron ore miners and energy stocks amid weak commodity prices were nearly offset by gains in technology and financial stocks.
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Higher Open Anticipated For Thai Stock Market
The Thai stock market on Monday ended the three-day winning streak in which it had advanced more than a dozen points or 0.9 percent. The Stock Exchange of Thailand now rests just above the 1,325-point plateau although it may open to the upside again on Tuesday.
The global forecast for the Asian markets is upbeat on optimism over the outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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Indonesia Bourse May Reverse Monday's Losses
The Indonesia stock market on Monday ended the four-day winning streak in which it had advanced almost 80 points or 1.1 percent. The Jakarta Composite Index now sits just beneath the 7,280-point plateau although it's poised to rebound on Tuesday.
The global forecast for the Asian markets is upbeat on optimism over the outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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Hong Kong Stock Market Tipped To Open In The Green
The Hong Kong stock market on Monday snapped the two-day winning streak in which it had surged more than 800 points or 4.5 percent. The Hang Seng Index now rests just above the 18,000-point plateau although it's likely to bounce higher again on Tuesday.
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China Stock Market May Again Test Resistance At 3,000 Points
The China stock market has moved higher in three straight sessions, collecting almost 35 points or 1.1 percent in that span. The Shanghai Composite Index now sits just beneath the 2,975-point plateau and it may extend its gains on Tuesday.
The global forecast for the Asian markets is upbeat on optimism over the outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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Taiwan Shares Tipped To End Losing Streak
The Taiwan stock market has moved lower in back-to-back sessions, slipping more than 500 points or 2.1 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,880-point plateau although it may stop the bleeding on Tuesday.
The global forecast for the Asian markets is upbeat on optimism over the outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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Win Streak May Continue For Singapore Stock Market
The Singapore stock market has finished higher in five straight sessions, collecting more than 90 points or 2.8 percent along the way. The Straits Times Index now rests just beneath the 3,500-point plateau and it figures to see additional support on Tuesday.
The global forecast for the Asian markets is upbeat on optimism over the outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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Malaysia Bourse May Extend Monday's Gains
The Malaysia stock market rebounded on Monday, one session after snapping the three-day winning streak in which it had gained almost a dozen points or 0.7 percent. The Kuala Lumpur Composite Index now rests just shy of the 1,630-point plateau and it's tipped to open in the green again on Tuesday.
The global forecast for the Asian markets is upbeat on optimism over the outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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