The Taiwan Stock Exchange is poised for a positive start on Thursday after breaking a four-day losing streak. The market, which closed just below the 22,280-point mark, is expected to open higher, buoyed by global market optimism and improved interest rate outlooks.

On Wednesday, the Taiwan Stock Exchange saw a modest uptick, primarily led by gains in the technology sector while financials and plastics showed mixed performance. The index closed up 0.94 percent at 22,278.36 points, with notable movements in key stocks like Taiwan Semiconductor Manufacturing Company, Hon Hai Precision, and Delta Electronics.

Global market trends indicate a positive sentiment with European markets showing gains and U.S. markets closing with mixed results. The Dow Jones Industrial Average ended lower, while the NASDAQ and S&P 500 closed higher. The optimism stemmed from the release of U.S. consumer price data, which showed a slight increase in February, sparking hopes of potential interest rate adjustments by the Federal Reserve.

Oil prices also rose on Wednesday following data indicating a smaller-than-expected rise in U.S. crude inventories, further contributing to market positivity. West Texas Intermediate Crude oil futures closed at $67.68 a barrel, up 2.16 percent.

Looking ahead, investors are closely monitoring global economic indicators and market developments that could influence trading patterns on the Taiwan Stock Exchange. The market’s performance is expected to be influenced by factors such as trade policies, interest rate changes, and geopolitical events.

In conclusion, the Taiwan Stock Exchange is set for a rally, supported by positive global market sentiment and encouraging economic data. Investors are advised to stay informed about market dynamics and global trends to make informed investment decisions amidst the evolving market landscape.