Asian equities soar on upbeat regional views

Asian equities soar on upbeat regional views

On Tuesday, Asian equities rallied, with regional markets positive because earnings season gets closer and economic fundamentals are firm leading economies, Japan and China.

Japan's Nikkei 225 edged up 0.16%, the S&P/ASX 200 grew 0.79%.

As the RBA meeting minutes noted, household debt levels are still elevated and require being watched closely. The RBA didn’t change its record low 1.5% rate at the gathering.

The Shanghai Composite rallied 0.06%, the Hang Seng index grew 0.18%.

Overnight, American equities concluded higher because bullish optimism over third quarter profits kept pushing indices to record maximums.

As for the Dow Jones Industrial Average, this benchmark concluded higher at 22,956. Meanwhile, the S&P 500 ended 0.17% higher, the Nasdaq Composite hit 6624, jumping 0.28%.

Stocks of Financials, mostly banks, edged up, reacting to a rally in American treasury yields after Fed Chair Janet Yellen reaffirmed the bank’s commitment to lifting rates.

 

Similar

Latest news

No More US Debts in Sight
No More US Debts in Sight

The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera