News Formal

Asian stocks extend winning run to scale seven-month highs

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

MSCI's broadest index of Asia-Pacific shares outside Japan advances 0.4%, with South Korean shares leading the way and the Australian dollar hitting multi-month highs

MSCI’s broadest index of Asia-Pacific shares outside Japan advances 0.4%, with South Korean shares leading the way and the Australian dollar hitting multi-month highsSingapore — Asian equities extended their winning run to scale their highest levels in seven months on Wednesday, with South Korean stocks leading the way, and the Australian dollar hit multi-month highs as surging inflation made higher interest rates more likely.

“It appears that markets are increasingly seduced by ‘Goldilocks’ outcomes of tightening risks tamed, yet recession risks tempered,” Mizuho analysts said in a note. The euro held near a nine-month peak against the dollar, as trades were encouraged by a rosier growth outlook for the eurozone against signs of a recession looming in the US.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

International Finance: Asian equities rise in US slipstream; dollar falls: markets wrapAsian shares climbed on Tuesday in the wake of tech-stock fuelled gains on Wall Street and bets for less-aggressive interest rate hikes from the Federal Reserve.
Bron: dailymaverick - 🏆 3. / 84 Lees verder »