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(RTTNews) - Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, amid a substantial rebound in both crude oil prices and bond…
Volatile oil prices and rising Treasury yields provided support, but gains were limited as traders await US data for clues on the Federal Reserve's rate path.
Volatile oil prices and rising Treasury yields provided support, but gains were limited as traders await US data for clues on the Federal Reserve's rate path.
Korean stocks traded slightly lower late Tuesday morning as rising oil prices fueled inflation concerns and lifted U.S. Treasury yields amid Middle East tensions. The benchmark Korea Composite Stock Price Index (KOSPI) lost 12.76 points, or 0.19 percent, to 6,876.98 as of 11:20 a.m. Overnight, U.S.
India's manufacturing sector is projected to grow, supported by increased exports and a strengthening investment cycle. Industrial production saw a notable year-on-year increase, with manufacturing rising 9 percent in August. However, the report highlights that a below-normal monsoon may negatively impact rural demand and consumption.
(RTTNews) - Marginally lower GIFT Nifty and weak Asian markets point to a flat or slightly lower start for Indian stocks Tuesday morning. Higher crude oil prices could weigh as well.
