Global stocks gain on optimism over economic recovery | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 86%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

NEW YORK, April 27 ― Global stock markets made moderate gains yesterday as increasing confidence about a rapid recovery of economies from the Covid-19 pandemic offset concerns about the speed of the market's rally. The start to the week was quiet as investors refrained from taking on large...

MSCI's broadest index of Asia-Pacific shares outside Japan closed 0.65 per cent higher, while Japan's Nikkei rose 0.36 per cent. — Reuters picNEW YORK, April 27 ― Global stock markets made moderate gains yesterday as increasing confidence about a rapid recovery of economies from the Covid-19 pandemic offset concerns about the speed of the market's rally.

“Right now we're kind of waiting,” said Dennis Dick, a trader at Bright Trading LLC. “We look pretty healthy but all it takes is a couple of disappointing reports and that can change in a hurry.” Asian shares rallied. MSCI's broadest index of Asia-Pacific shares outside Japan closed 0.65 per cent higher, while Japan's Nikkei rose 0.36 per cent.

“The real crux of the issue is, 'What's in the price?' The year-to-date rally has increasingly eliminated upside to our targets,” noted Andrew Sheets, a strategist at Morgan Stanley. “Across four major global equity markets , only Japan is currently below our end-2021 strategy forecast.

Most observers expect the Fed will stick to its pledge to keep stimulus flowing until the economy has recovered sufficiently and downplay the threat of rising inflation ― any suggestion otherwise could hit market confidence sharply. The dollar index, which tracks the greenback versus a basket of six currencies, fell 0.025 points or 0.03 percent, to 90.834.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 1. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين