Notícias Forex

Indian shares struggled for direction on Tuesday despite positive cues from global markets.

Asian stock markets are trading mixed on Tuesday, following the positive cues from global markets overnight, as traders looked to pick up stocks at reduced levels following the steep drop seen last week while they await key inflation data from the U.S. that could impact the outlook for rates. Meanwhile, lingering concerns about the outlook for the U.S. economy is weighing on market sentiment.

Indian shares are likely to open on a positive note Tuesday, though overall gains may remain capped somewhat as investors await key U.S. inflation data this week for clues on the size of potential rate cuts.

Rebounding from the losses in the previous five sessions, the Japanese stock market is notably higher on Tuesday, snapping a five-session winning streak, with the Nikkei 225 moving up to be a tad below the 36,400 level, following the broadly positive cues from global markets overnight, with gains across all the sectors led by index heavyweights and technology stocks.

The Thai stock market has moved higher in five straight sessions, collecting more than 80 points or 5.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,430-point plateau and it may add to its winnings again on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain hunting and on the outlook for interest rates. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion.

The Indonesia stock market on Monday ended the three-day winning streak in which it had collected more than 100 points or 1.3 percent. The Jakarta Composite Index now sits just above the 7,700-point plateau although it figures to see renewed support on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain hunting and on the outlook for interest rates. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion. The JCI finished slightly lower on Monday following losses from the resource stocks and mixed performances from the financial shares and cement companies. For the day, the index dipped 19.11 points or 0.25 percent to finish at 7,702.74 after trading between 7,654.73 and 7,748.33. Among the actives, Bank CIMB Niaga slid 0.26 percent, while Bank Danamon Indonesia fell 0.38 percent, Bank Negara Indonesia rallied 1.33 percent, Bank Central Asia dipped 0.24 percent, Bank Rakyat Indonesia dropped 0.96 percent, Bank Maybank Indonesia collected 0.87 percent, Indocement and United Tractors both improved 0.74 percent, Semen Indonesia and Astra International both shed 0.50 percent, Indofood Sukses Makmur retreated 1.42 percent, Energi Mega Persada tumbled 1.96 percent, Astra Agro Lestari tanked 2.64 percent, Aneka Tambang slumped 1.12 percent, Jasa Marga plunged 3.35 percent, Vale Indonesia sank 0.82 percent, Timah surrendered 3.00 percent, Bumi Resources skidded 1.02 percent and Bank Mandiri and Indosat Ooredoo Hutchison were unchanged. The lead from Wall Street is upbeat as the major averages opened higher on Monday and remained well in the green throughout the trading day.