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European Shares To Open On Steady Note Ahead Of Fed Decision
European stocks are seen opening on a steady note Wednesday as investors await the Federal Reserve's interest-rate decision later in the day.
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China Manufacturing Sector Shrinks Moderately
China's manufacturing sector shrank at a slower pace in January as the downturns in output and new orders softened, survey results from S&P Global revealed Wednesday. The Caixin manufacturing Purchasing Managers' Index rose to 49.2 from 49.0 in December.
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Sensex, Nifty Open Higher Ahead Of Union Budget
Indian shares opened on a positive note Wednesday ahead of the Union Budget presentation and the Federal Reserve meeting.
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Asian Markets Mostly Higher Ahead Of Fed Decision
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, with traders remaining cautious ahead of the US Fed rate decision and accompanying statement later in the day. The central bank will likely slow the pace of its monetary policy tightening and raise interest rate by only 25 basis points to a range of 4.5 to 4.75 percent.
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Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Wednesday, recouping the losses in the previous session, with the Nikkei 225 moving above the 27,400 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors, led by strong gains in technology and financial stocks.
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Sensex, Nifty Seen Up At Open On Wall Street Cues
Indian shares are likely to open higher on Wednesday, though volatility cannot be ruled out ahead of the Union Budget presentation, the Fed meeting outcome and the release of quarterly reports from the major tech players in the United States.
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Thai Stock Market Tipped To Open In The Green
The Thai stock market has finished lower in two straight sessions, sliding almost 10 points or 0.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,670-point plateau although it's expected to open higher on Wednesday.
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Australian Market Notably Higher
The Australian stock market is trading notably higher on Wednesday, recouping the losses in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 7,500 level to fresh nine-month highs, following the broadly positive cues from Wall Street overnight, with gains in mining and financial stocks partially offset by weakness in gold mining and energy stocks.
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Indonesia Stock Market May Challenge Resistance At 6,900 Points
The Indonesia stock market has finished lower in two straight sessions, sliding almost 60 points or 0.9 percent along the way. The Jakarta Composite Index now rests just beneath the 6,840-point plateau and it's expected to find support on Wednesday.
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Japan Manufacturing PMI Holds Steady In January - Jibun
The manufacturing sector in Japan continued to contract in January, and at a steady pace, the latest survey from Jibun Bank revealed on Wednesday with a manufacturing PMI score of 48.9.
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Malaysia Manufacturing PMI Sinks To 46.5 - S&P Global
The manufacturing sector in Malaysia continued to contract in January, and at a faster pace, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI score of 46.5.
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Taiwan Manufacturing PMI Sinks Further In January - S&P Global
The manufacturing sector in Taiwan continued to contract in January, and at a faster pace, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI score of 44.3.
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South Korea Manufacturing PMI Sees Slight Improvement - S&P Global
The manufacturing sector in South Korea continued to contract in January, albeit at a slower pace, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI score of 48.5.
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