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On Friday, Asian stocks mostly gained on prospects for tax cuts in America, with the financial markets cautious, reacting to a suspected terrorist shooting in Paris several days ahead of presidential polls in France.
Japan's Nikkei 225 index inched up 0.73%. The Kospi ascended 0.81%, Australia's S&P/ASX 200 made revenues of 0.58%. Hong Kong's Hang Seng Index grew 0.18%, while the Shanghai Composite revived moderately, adding 0.07%.
Samsung Electronics leapt 2.38%, following the long-awaited release of its new Galaxy S8 smartphone in Seoul, on Friday. The company told that the previous week that pre-orders for the Galaxy S8 had exceeded those for the S7.
Overnight, American shares closed higher on Thursday because risk-on sentiment got back after a sturdy batch of corporate earnings as well as bullish comments on tax reform from US Treasury Secretary Steven Mnuchin.
The three key American indexes were still on track to conclude the week in positive territory. It’s because corporate earnings overshadowed geopolitical events, while economic data turned to be weaker than expected.
On Tuesday, European equities jumped, led by financial institutions and pharmaceutical equities because market participants looked ahead to remarks from the Fed that could offer insight into the outlook for the US monetary policy…
On Tuesday, American futures managed to gain because expectations that China and America will have trade hostilities toned down brought the S&P and Nasdaq to all-time maximums…
On Monday, American equities started higher because reports of planned trade negotiations between China and the United States raised expectations for a probable resolution to their trade conflict…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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