TOKYO: Asian stocks advanced on Thursday, tracking sharp gains on Wall Street as recent data from multiple sectors pointed to slowing economic growth in the United States, bolstering the prospect of rate cuts by the Federal Reserve.
"Stocks and bonds rallied together overnight as the markets were betting on interest rate cuts at the European Central Bank and the U.S. Federal Reserve," said Noriko Miyoshi, head of fixed income at Simplex Asset Management in Tokyo. European Union leaders' nomination of Christine Lagarde, the head of the International Monetary Fund, to replace Mario Draghi as president of the ECB, reinforced expectations of more monetary policy easing if it's needed.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
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European stocks rally on key EU appointmentsLONDON: European stock prices rallied on Wednesday (Jun 3) as the EU finally reached agreement on a number of key appointments, including IMF ...
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Australia: Shares buoyed by miners and real estate stocks[SYDNEY] Australian shares ended higher on Wednesday as large mining stocks continued to benefit from stronger commodity prices, while a surge in real estate stocks also lent support. Read more at The Business Times.
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Seoul: Stocks slip on fragile growth outlook, Japan's export curbs[SEOUL] South Korea's Kospi stock index shrank more than 1 per cent on Wednesday as investors fretted over grim growth outlook and Japan's export curbs effective from Thursday, sending shares of major chipmakers down. The South Korean won and the benchmark bond yield fell. Read more at The Business Times.
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