Investing.com-- Asian stocks rose on Thursday as more signs of cooling U.S. inflation ramped up hopes for interest rate cuts by the Federal Reserve, while a slew of positive economic indicators from the region also aided sentiment.
The positive GDP reading presented an improved outlook for the Japanese economy, especially after a steep contraction in the first quarter. It also tied into the Bank of Japan’s outlook that improved wages will drive increased spending in the coming months, underpinning local growth and supporting domestically-exposed stocks.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
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: Japan tumbles as BOJ vows more rate hikes, China rebound stallsAsian stocks: Japan tumbles as BOJ vows more rate hikes, China rebound stalls
Läs mer »
Stock market today: Asian stocks are higher as Bank of Japan raises benchmark rateAsian stocks were higher Wednesday following a decision by the Bank of Japan to raise its benchmark interest rate. Policy decisions were due later in the
Läs mer »
Stock market today: Asian stocks are higher as Bank of Japan raises benchmark rateAsian stocks are higher following a decision by the Bank of Japan to raise its benchmark interest rate.
Läs mer »
Stock market today: Asian stocks are higher as Bank of Japan raises benchmark rateAsian stocks are higher following a decision by the Bank of Japan to raise its benchmark interest rate.
Läs mer »
Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questionsAsian shares retreated Friday after a broad washout across Wall Street dragged U.S. stocks lower, and Hong Kong’s benchmark dipped more than 2% as
Läs mer »
Asian stocks muted ahead of economic data; Japan surges in catch-up tradeAsian stocks muted ahead of economic data; Japan surges in catch-up trade
Läs mer »