Asia shares look to China for recovery lead, earnings in focus

  • 📰 Reuters
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Asian shares climbed on Tuesday as investors wagered China's economic strength would help underpin growth in the region, even as pandemic lockdowns threatened to lengthen the road to recovery in the West.

SYDNEY/HONG KONG - Asian shares climbed on Tuesday as investors wagered China’s economic strength would help underpin growth in the region, even as pandemic lockdowns threatened to lengthen the road to recovery in the West.

MSCI’s broadest index of Asia-Pacific shares outside Japan firmed 0.98%, to be a whisker from record highs. Japan’s Nikkei bounced 1.5%, recovering all the losses suffered on Monday when caution had dominated markets. “The projected EPS growth in Europe now stands at the lows of the crisis which seems too conservative, and could likely lead to positive surprises over the reporting season,” they wrote in a note.

Janet Yellen, Biden’s nominee to run the Treasury Department, will tell the Senate Finance Committee on Tuesday that the government must “act big” with the coronavirus relief plan. In bond markets, 10-year Treasury yields were steady at 1.10% and off their recent 10-month high of 1.187% as investors waited to see how much fiscal stimulus might actually get passed.

 

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

Waiting for ares

So either you go to China or Korea to depart the USA because they are looking for their spies.

thanks

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:

 /  🏆 2. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines