Asian Stock Market: Shows recovery as US banking jitters ebb, oil juggles below $74.00

Japanese stocks have rebounded as the BoJ has favored the continuation of easy monetary policy.Markets in the Asian domain have shown a decent recovery as fears of a potentialbanking crisis have receded and escalating chances of a steady monetary policy by the Federal Reserve . S&P500 futures have generated significant gains in the Asian session after a choppy Tuesday. Ebbing fears of US banking shakedown are infusing confidence among the market participants.

At the press time, Japan’s Nikkei225 jumped 0.71%, ChinaA50 added 0.28%, Hang Seng soared 2.17%, and Nifty50 gained 0.54%. Japanese stocks have rebounded as the Bank of Japan has favored for the continuation of easy monetary policy to keep inflation steady above desired levels. Ex-Bank of Japan Governor Haruhiko Kuroda remained extremely dovish for further monetary policy as the sustainable inflation target has not been met yet. He further added, “It is premature to debate an exit from easy monetary policy.” And, “More time is needed to stably and sustainably hit the price target.

Canada Canada Latest News, Canada Canada Headlines

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

Asian Stock Market: Global stocks climb as concerns over the banking sector diminishAsian trading hours on Tuesday reflect a positive risk appetite among investors, with most Asian stock futures in the green. MSCI's broadest index of
Source: FXStreetNews - 🏆 14. / 72 Read more »

5 things to know before the stock market opens MondayHere are the most important news items that investors need to start their trading day. Fun day ahead!
Source: CNBC - 🏆 12. / 72 Read more »

ETF trends reflect a wild first quarter for the stock marketIt’s the end of a wild first quarter for stock and bond investors, and ETF flows are reflecting that turmoil, BobPisani writes.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market news today: Regional banks rally on SVB dealUS stocks rise as Silicon Valley Bank deal pushes regional lenders higher
Source: BusinessInsider - 🏆 729. / 51 Read more »

3 charts show U.S. bank failures causing stock-market pain beneath the surfaceThe S&P 500 is treading water despite banking woes. But beneath the surface, signs of equity-market weakness abound.
Source: MarketWatch - 🏆 3. / 97 Read more »

How to invest amid stock market volatility and potential recessionHere's how investors can position for a potential recession and global banking turmoil, according to UBS Wealth Management's CIO
Source: BusinessInsider - 🏆 729. / 51 Read more »