Asian stocks rise on US inflation cheer, positive data from Japan, China

Investing.com-- Asian stocks rose on Thursday as more signs of cooling U.S. inflation ramped up hopes for interest rate cuts by the Federal Reserve, while a slew of positive economic indicators from the region also aided sentiment.

The positive GDP reading presented an improved outlook for the Japanese economy, especially after a steep contraction in the first quarter. It also tied into the Bank of Japan’s outlook that improved wages will drive increased spending in the coming months, underpinning local growth and supporting domestically-exposed stocks.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.

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: Japan tumbles as BOJ vows more rate hikes, China rebound stallsAsian stocks: Japan tumbles as BOJ vows more rate hikes, China rebound stalls
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock market today: Asian stocks are higher as Bank of Japan raises benchmark rateAsian stocks were higher Wednesday following a decision by the Bank of Japan to raise its benchmark interest rate. Policy decisions were due later in the
La source: Mynorthwest - 🏆 438. / 53 Lire la suite »

Stock market today: Asian stocks are higher as Bank of Japan raises benchmark rateAsian stocks are higher following a decision by the Bank of Japan to raise its benchmark interest rate.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »

Stock market today: Asian stocks are higher as Bank of Japan raises benchmark rateAsian stocks are higher following a decision by the Bank of Japan to raise its benchmark interest rate.
La source: ksatnews - 🏆 442. / 53 Lire la suite »

Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questionsAsian shares retreated Friday after a broad washout across Wall Street dragged U.S. stocks lower, and Hong Kong’s benchmark dipped more than 2% as
La source: Mynorthwest - 🏆 438. / 53 Lire la suite »

Asian stocks muted ahead of economic data; Japan surges in catch-up tradeAsian stocks muted ahead of economic data; Japan surges in catch-up trade
La source: Investingcom - 🏆 450. / 53 Lire la suite »