News Formal

Asia: Stocks enjoy further gains as virus restrictions are eased

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

[HONG KONG] Most equities rose again on Wednesday as investors grew increasingly, but cautiously, hopeful that the worst of the coronavirus had passed and as countries begin to slowly open up from lockdown. Read more at The Business Times.

Hong Kong rose 0.7 per cent, Seoul gained 0.8 per cent and Singapore put on 0.9 per cent. There were also gains in Taipei, Jakarta and Wellington, though Sydney dropped one per cent.Fears of a second wave of contamination as the lockdown eases was keeping traders on their toes.

"So as we ease these lockdowns there remains the risk that of course you then have to tighten up the controls. That's why governments around the world are going to be relatively cautious about how they ease these lockdowns."Observers are also keeping tabs on China-US relations after Donald Trump hit out at Beijing over its handling of the pandemic, sparking fears of a renewal of the economic superpowers' trade war that hit markets last year.

Friday sees the much-anticipated release of US jobs data for April, with consensus forecasts that unemployment has surged to an incredible 16.2 per cent - the highest since 1948 - from 4.4 per cent. However, some economists expect it to rise even higher.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 15. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Hong Kong: Stocks finish 4.18% lower[HONG KONG] Hong Kong shares finished with big losses Monday on fears of a renewed China-US trade war after Donald Trump hit out at Beijing over its handling of the coronavirus crisis. Read more at The Business Times.
Källa: BusinessTimes - 🏆 15. / 51 Läs mer »

Asia: Stocks and oil rally as nations begin to slowly reopen[HONG KONG] Equities and crude rallied on Tuesday as investors cheered a further easing of lockdowns in some countries, which offset a brewing row between the US and China that some fear could see them renew their trade war. Read more at The Business Times.
Källa: BusinessTimes - 🏆 15. / 51 Läs mer »

Oil, stocks poised to gain in Asia on economic growth hopesGlobal stocks and crude prices were set to extend gains in Asia on Wednesday on confidence that government steps to restart economies will bring ...
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »