Asian stocks rise with BOJ in focus; China rebounds on stimulus hopes

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Asian stocks rise with BOJ in focus; China rebounds on stimulus hopes

Investing.com-- Most Asian stocks rose on Wednesday with Chinese markets rebounding from five-month lows as middling economic data fueled bets on more stimulus measures, with focus now turning to a Bank of Japan meeting.

Regional markets brushed off a weak overnight close on Wall Street, with U.S. stock indexes closing lower in anticipation of a Federal Reserve interest But the reading ramped up bets that Beijing will be forced into unlocking more stimulus measures, especially after the government presented a supportive stance during the Politburo meeting on Tuesday.

Reduced QE presents less liquidity for Japanese markets, which could undermine more strength in local stocks.Tech stocks- particularly chipmakers, rose tracking strong earnings from AMD, which beat expectations and forecast strong revenue growth on demand from artificial intelligence.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks sink as BOJ, Fed meetings approach; China shares hit 6-mth lowAsian stocks sink as BOJ, Fed meetings approach; China shares hit 6-mth low
Source: Investingcom - 🏆 450. / 53 Read more »

Asian stocks sit tight, yen firms as BOJ beckonsAsian stocks sit tight, yen firms as BOJ beckons
Source: Investingcom - 🏆 450. / 53 Read more »

Asian stocks rebound with Fed, rate cuts in focus; China lagsAsian stocks rebound with Fed, rate cuts in focus; China lags
Source: Investingcom - 🏆 450. / 53 Read more »

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
Source: Mynorthwest - 🏆 438. / 53 Read more »