Asian stocks soar to record high on vaccine optimism and strong economic data

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

MSCI’s broadest index of Asia-Pacific shares outside Japan hit its highest since its launch in 1987

Sydney — Asian stocks hit a record high on Monday as vaccine optimism and strong economic data from China and Japan outshone worries about rising coronavirus cases, lifting just about every sector.

S&P 500 futures rose 0.6% after the index’s record close on Friday, Nasdaq 100 futures leapt 1% and European futures were up strongly with EuroStoxx 50 futures up 0.8% and FTSE futures up 0.5%. Japanese economic growth, which beat records and forecasts to pull the world’s third-largest economy out of recession and better-than-expected industrial output in China added to the enthusiastic mood, as did a weekend trade deal.

Axios reported that Trump plans a flurry of aggressive policy moves against China in the next 10 weeks. On the Brexit front, the departure of hardline adviser Dominic Cummings from Downing Street is seen as a positive, perhaps allowing more British concessions, but chief negotiator David Frost said on Twitter that talks “may not succeed”.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asian stocks edge higher after Biden approves stimulus planUS Treasury yields climb higher as ECB says it will speed up bond purchases
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Asian medicine market drives increased demand for SA's donkey skins | The CitizenDonkeys are slaughtered for their skins, which is believed to have anti-ageing properties, cures insomnia, and improves blood circulation,
La source: TheCitizen_News - 🏆 6. / 75 Lire la suite »