News Formal

Asia stocks up as China PMI, US data cheer markets worried over coronavirus surge

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 66%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Asian markets were poised to follow Wall Street's firm lead on Tuesday as the sentiment boost from upbeat U.S. data outweighed the threat of ...

TOKYO/NEW YORK: Asian shares rose on Tuesday after data showed China's manufacturing sector grew more than expected in June, a hopeful sign for a global economy still struggling to recover from the sweeping impact of the coronavirus crisis.

Hong Kong stocks jumped 1.18per cent, undeterred by the Chinese parliament's passage of a security law that will increase Beijing's control over the former British colony. Indeed, for the second quarter Asia ex-Japan shares were on course for a 17.8per cent gain, which would be the biggest quarterly increase since the third quarter of 2009. Stocks appear to have received an added boost on Tuesday as some investors adjusted positions on the last trading day of the quarter.

A recent resurgence in coronavirus infections had led some investors to question the strength of a rebound in global economic activity.The yield on benchmark 10-year Treasury notes was little changed at 0.6348per cent in Asia as traders braced for U.S. non-farm payrolls data on Thursday, which is forecast to show an improving labour market.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 6. in FR

France Dernières Nouvelles, France 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.

Asia stocks set to rise on upbeat data, focus on China PMIAsian markets were poised to follow Wall Street's firm lead on Tuesday as the sentiment boost from upbeat U.S. data outweighed the threat of ...
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »

Asia stocks slip as coronavirus cases surgeSYDNEY (REUTERS) - Asian share markets got off to a shaky start on Monday (June 29) as the relentless spread of the coronavirus finally made investors question their optimism on the global economy, benefiting safe harbour bonds and the US dollar.. Read more at straitstimes.com.
La source: The Straits Times - 🏆 8. / 63 Lire la suite »

Asia stocks slip as coronavirus cases surgeAsian share markets got off to a shaky start on Monday as the relentless spread of the coronavirus finally made investors question their optimism ...
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »