Most Asian markets rise with earnings, US data in view

  • 📰 brieflyza
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

United States News News

United States United States Latest News,United States United States Headlines

Asian markets mostly rose Tuesday, with hopes for earnings this week from tech titans helping to offset worries about the Federal Reserve's interest rate plans ahead of the release of key US growth and inflation data.

Investors are hoping Amazon and other tech titans including Apple and Alphabet can deliver strong earnings this week. Photo: JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA/Getty Images via AFPCelebrate Youth Month with Briefly News! Nominate a young entrepreneur under 35 with an inspiring story to be our 7th 'Young Money Maker'.

Still, all three main indexes in New York chalked up much-needed gains, while London ended at a record high as the Bank of England is seen cutting interest rates soon thanks to cooling inflation.Hong Kong piled on more than one percent, while Tokyo, Sydney, Seoul, Singapore, Taipei, Manila and Jakarta were also enjoying buying action. Shanghai and Wellington struggled.

"These releases will be crucial in determining whether the Fed maintains its current policy stance, keeping rates higher for longer."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks erase gains in run up to quarter-end: Markets wrapBitcoin fell 0.5% to $70 628.51.
Source: Moneyweb - 🏆 5. / 77 Read more »