The Aussie dollar has further room to fall and adjust to support weak demand for Australia's commodity exports, says Malcolm Wood, chief investment strategist at BAML.» Read More
Asian stock markets ended lower on Tuesday, after comments from Federal Reserve Chief Ben Bernanke renewed concerns over a sluggish U.S. economy.
Asian stock markets painted a mixed picture on Monday, following a positive finish on Wall Street in the previous session. Tokyo rose 1.45 percent to a six-week closing high and Taipei ended Monday's session up 1.63 percent, a three-week peak. But Sydney fell as resource-related stocks dropped on the back of a slump in gold and copper prices.
Asian stock markets ended mixed Friday, as Sydney fell 1.5 percent while Shanghai gained 1.6 percent.
Most Asian stock markets gained ground on Thursday, led by Tokyo's 3.8 percent but Shanghai closed lower.
Asian stock markets tracked a strong session on Wall Street, which saw the Dow climbing more than one percent to end at its highest level so far this year. Key indices in Seoul and Hong Kong chalked up over 1 percent each.
Asian stocks gained ground and Tokyo reversed course on Tuesday afternoon, as worries eased over Dubai's debt problems. The Nikkei 225 closed 2.4 percent higher, driven by news of a surprise BOJ meeting, which weighed on the yen and lifted exporters.
Asian stock markets staged a comeback Monday after Friday's steep losses, as worries about the potential negative impact of a Dubai debt default began to fade.
Asian stock markets tumbled on Friday as concerns about a new international banking crisis erupting in Dubai rattled investor confidence. Hong Kong led the way with a 4.8 percent dive, other major indices in Tokyo, Taipei and Seoul declined over 3 percent each.
Japan's Nikkei average is likely to fall broadly on Friday after debt problems in Dubai hit financial markets, dragging European shares down to their worst daily loss in seven months.
Asia's major stock indexes finished lower across the board in a volatile, holiday-thin session Thursday, despite Wall Street posting modest gains overnight.
Asian stocks turned higher, with Tokyo, Seoul, Sydney closing firmer as a late rally lifted markets to positive ground.
Asia's key stock indexes fell Tuesday, with China's Shanghai Composite Index closing 3.5 percent lower, after selling gathered pace in the afternoon trading session.
Most Asian stock markets edged higher on Monday in quiet trade, with Japan closed for Labor Thanksgiving Day.
Asian stocks stumbled on Friday, after stocks on Wall Street fell for a second straight session on renewed concerns a U.S. economic recovery was losing momentum.
Asian markets ended mixed on Thursday, as concerns over the pace of economic recovery weighed on sentiment. Tokyo slipped to a four-month low, Sydney edged up while Seoul gained 1 percent.
Asian shares painted a mixed picture as some markets failed to stay the course after rising in early trade on the back of modest gains on Wall Street.
Asia's key indices closed in the red on Tuesday, with Japan and South Korea giving up early gains as profit-taking took hold.
While not being comfortable with the current gold trade, Dennis Gartman told CNBC that the price of the precious metal will "continue to go up until it stops."
Asian share indexes gained ground Monday, after upbeat earnings from U.S. retailers underpinned confidence that a global economic recovery is under way.
Stock markets in Asia finished mostly lower. after shares on Wall Street snapped a six-day winning streak. China markets, however, managed to buck the uptrend.