News Formal

Asian stocks set to track Wall Street's defiant rally | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 86%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

BOSTON, Aug 13 — Asian stocks were set for broad gains today after Wall Street’s S&P 500 index briefly touched record highs, as investors appeared to shrug off worries about stalled US stimulus talks and a shaky economic recovery. Australian S&P/ASX 200 futures rose 0.69 per cent in...

Hong Kong’s Hang Seng index futures rose 0.42 per cent and Japan’s Nikkei 225 futures were flat. — Reuters pic

Analysts said while recent headlines suggest economic risks are growing, they also bolster the case for continued stimulus from Washington, which has given markets something to cheer. Kim Mundy, an analyst at Commonwealth Bank of Australia, said Washington would continue to support the economy despite a higher then expected inflation report.The dollar index fell about 0.3 per cent amid mixed messages from US markets, and the Australian dollar fell 0.04 per cent versus the greenback at US$0.716.

 

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:

 /  🏆 1. 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 fall on US stimulus uncertainty | Malay MailTOKYO, Aug 12 — Asian stocks dipped today on growing uncertainty over whether the US lawmakers would agree on an additional round of big fiscal stimulus to support an economy still struggling with the novel coronavirus. Hopes of vaccine development, however, prompted some investors to reduce...
Källa: malaymail - 🏆 1. / 86 Läs mer »

Eye-popping rally in Asian glove-maker stocks will continue, says CitiAnalyst says Covid-19 will drive unprecedented growth in sales and profits for the sector. FMTNews TopGlove
Källa: fmtoday - 🏆 5. / 72 Läs mer »

Asian stocks slip while gold, silver tumble for second dayMainland Chinese shares fall 1.7%, weighed by worries about the economic recovery. FMTNews
Källa: fmtoday - 🏆 5. / 72 Läs mer »