Asian Stock Market: Tracks Wall Street gains, Hang Seng leads bulls

Asia-Pacific equities remain firmer amid cautious optimism over Ukraine-Russia crisis, relief from China’s covid fears.Optimism among Japanese manufacturers propels Nikkei 225, oil recovers as well.stay on the front foot during early Wednesday as easing covid woes in China helped the shares to track Wall Street’s gains.

Elsewhere, MSCI’s Asia-Pacific shares ex-Japan rises 1.4% whereas Japan’s Nikkei 225 adds over 1.5% by the press time. Earlier in Asia, the Reuters Tankan poll showed that Japanese manufacturers' business confidence improved for the first time in three months in March. Looking forward, the US Retail Sales for February, expected to ease to 0.4% from 3.8% prior, will join risk catalysts and oil moves will help the global investors to find a clear path.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks Rally on Wall Street as Oil Prices Keep FallingThe wilder action was in oil and Asian stock markets, where tightened anti-COVID measures in China are raising worries about demand for energy and about disruptions to manufacturing and global trade. Oil prices tumbled more than 8%, taking some pressure off the world’s high inflation, and a barrel of U.S. crude fell below $95 after starting the week above $109.
Source: wttw - 🏆 520. / 51 Read more »

China stocks lead Asian markets mostly lower, while oil prices fall under $100 a barrelStocks were mostly lower in Asia and oil prices fell Tuesday after another day of losses on Wall Street as anxiety over the war in Ukraine and an upcoming... Chinese investors are paying for russia-urkraine😂
Source: MarketWatch - 🏆 3. / 97 Read more »