Asian stocks edge upwards on hopes worst of pandemic is over

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Sverige Nyheter Nyheter

Nikkei rises 1% to highest level in three months and Seoul, Taipei and Hong Kong markets also gain

Singapore — Asian stocks eked out gains on Tuesday as investors’ focus on the prospects of a global coronavirus recovery won out over familiar worries about Sino-US relations and the depth of economic damage.

The week had begun with a surge in riskier currencies and global equities after Trump’s response to China’s tightening grip on Hong Kong — with threats, not tariffs — was seen lowering the temperature of Sino-US tension. “In the meantime, we’re hanging in there, but I think we might be getting a little exhausted given the giddy heights that we’re trading at.”

Japan’s Nikkei rose 1% to its highest since late February and markets in Seoul, Taipei and Hong Kong also gained. Currency and bond markets took a breather, and the safe-haven dollar scraped from multi-month lows against most major currencies and pushed bond yields lower.

 

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:

 /  🏆 12. 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.

Asian stocks hit three-month highsMarkets relieved that while Donald Trump aims to end special treatment for Hong Kong, he left trade deal intact
Källa: BDliveSA - 🏆 12. / 63 Läs mer »