Asian stocks edge up after positive earnings from American tech titans

Asian stocks edge up after positive earnings from American tech titans

On Friday, Asian equities rallied because technology stocks were driven by positive earnings from American hi-tech giants. Meanwhile, the common currency stuck to three-month minimum versus the evergreen buck the ECB dared to extend its stimulus.

Japan's Nikkei N225 soared 0.6%, South Korea's Kospi KS11 inched up 0.2%, while Australian equities tacked on 0.2%. As for MSCI's index of Asia-Pacific stocks, it didn’t change in dollar terms.

Revenues of Microsoft, Alphabet and Amazon were all positive. It underpinned their equities in after-hour trade.

Before this, the US benchmark S&P 500 Index soared 0.1% approaching the record maximum hit the previous week, due to the strengthening global economy as well as firm corporate earnings.

As third-quarter earnings season is getting closer to the half-way mark, up to 74% of American companies have topped hopes, exceeding the 72% beat rate for the last four quarters.


Asia-Pacific stocks are mixed

On Friday, Asia-Pacific stock indices were quite mixed amid cautious trading after US President Donald Trump dared to cancel the highly anticipated summit with North Korean leader Kim Jong-no and also accused North Korea of ​​showing great anger as well…


Crude edges down in Asia on Caixin PMI

On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

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