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

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Asian Stock Market: Tracks Wall Street gains, Hang Seng leads bulls By anilpanchal7 Asia Equities RiskAppetite Ukraine China

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.

 

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