Asian Stock Market: Grinds lower amid fresh fears from China, Fed, Oil eases on DXY rebound

ednesday. While portraying the mood, the MSCI’s Index of Asia-Pacific shares outside Japan drop 0.40% intraday whereas Japan’s Nikkei 225 copies the moves with 0.35% intraday loss near 28,552 by the press time.

That said, upbeat prints of Australia Westpac Leading Index for March and upbeat China data, coupled with the International Monetary Fund’s optimism about the dragon nation allow stocks in Canberra and Auckland to buck the trend with mild gains at the latest. Furthermore, the Indian equities print mild losses whereas stocks in South Korea and Indonesia print minor gains by the press time.

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