Hong Kong stocks lead gains in Asia after Fed maintains rate forecast; Nikkei hits fresh all-time high

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Investors in Asia will be watching for economic data from Australia, Japan and India

Japan's markets hit a fresh all-time high as Asia markets climbed after Federal Reserve maintained its forecast for three rate cuts while

The country's bureau of statistics said that this was due to a larger-than-usual number of people who were waiting to start or to return to jobs from December and January. Japan's trade deficit narrowed more than expected to 379.4 billion yen, a smaller deficit compared with estimates of 810.2 billion yen and January's 1.76 trillion.The Reuters Tankan survey is a key gauge for the Bank of Japan's quarterly Tankan survey that is scheduled to be released on April 1. Services-sector mood jumped to a seven-month high.

The drugs, which imitate the effects of the GLP-1 hormone to reduce appetite and calorie intake dramatically, are showing remarkable efficacy in clinical trials. As a result, patients lose up to 25% of their body weight on average. On a year-on-year basis, GDP in New Zealand expanded 0.6%, slowing from the 1.3% growth recorded in the third quarter.Traders work on the floor at the New York Stock Exchange in New York City, U.S., February 29, 2024.

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:

 /  🏆 569. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Hong Kong market jumps 2% as wider Asia-Pacific stocks trade mixed; Japan business sentiment soursHong Kong stocks jump 2% as wider Asia-Pacific remain mixed; Japan business sentiment declines.
Source: CNBC - 🏆 12. / 72 Read more »