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Asia's shares rebounded from the lowest for three and a half months after commercial fears calmed down Reuters



© Reuters. FICO: Tokyo Stock Exchange Employees Work at Tokyo Stock Exchange

By Shinichi Saoshiro

TOKYO (Reuters) – Asian stocks rebounded from the low 3-1 / 2 months on Wednesday as a slight mitigation of rhetoric by the US president Donald Trump alleviates worries about US-Chinese tariff war and expectations that Beijing may reveal more economic stimulus

In Europe, the pan-region has grown by 0.24% at the beginning of trade, German profits are 0.25% and futures are [1

9659004] The shares in Asia were driven by strong profits so Chinese shares rebounded after two days of losses.

China's shares are recovering as they were resold in recent sessions, and President Trump seems to want a compromise, says Kota Hirayama, chief economist of emerging markets at SMBC Nikko Securities in Tokyo. MSCI for Asian-Pacific shares outside Japan rose 0.6 percent, the index declining to its lowest level since the end of January, the day after the Sino-US trade boom increased, Beijing has imposed a tariff increase on US goods after Washington passed over and a week to raise its levy on Chinese imports

However, Trump said on Tuesday that he had a "very good" dialogue with China and insisted the talks between the world's two largest companies did not collapse. to surrender overnight as a result of Trump's comments, rising 1.4 percent, rejecting concerns about economic growth after weaker-than-expected Chinese data released on Wednesday.

China on Wednesday reported a surprisingly weaker growth in retail and industrial output in April, adding pressure on Beijing will give a bigger boost as the trade war with the US escalates.

Recent data show that the Chinese economy still needs to be stimulated: its stock markets can support its recovery if the government shows that it will continue to support

Australian stocks add 0.8%, Southern Korea rose 0.6% and Japan rose by 0.5%

It left $ 6.9028 in offshore trade, moving away from a five-month period of 6.9,200 on Tuesday

The dollar was stable at 109,650 yen after dropping from the three-month low of 109,020 divers on Monday, when the worrying war tightened the investor and the Japanese currency protected by asylum

The euro was unchanged at $ 1,1207 The common currency fell by almost 0.2% on the day before, after the Italian Deputy Prime Minister said the country was ready to break the European Union's budget rules on debt levels if needed to boost employment [97524] after rising by 0.2% on the previous day.

The Australian dollar cut the 4-1 / 2-month minimum of $ 0.6922 after Wednesday's data showed a slowdown in wage growth in the country in the first quarter, adding interest rate cuts, China's predominant economic performance also worsened , which is seen as a substitute for China-related deals.

In commodities, futures fell 0.76 percent to $ 61.31 a barrel after the API announced a larger-than-expected build-up of crude oil reserves. [O/R]

U.S. Crude oil stocks increased by 8.6 million barrels per week by May 10 to 477.8 million, compared with analysts' expectations of a 800,000 barrel reduction.

lost 0.45% to 70.92 dollars a barrel. Brent and US crude futures rose the day after the leading exporter of Saudi Arabia said the exploited drones released by a Yemeni-armed movement directed at Iran invaded facilities belonging to the state-owned oil company Aramco

GRAPHICS: Asian Stock Markets – https://tmsnrt.rs/2zpUAr4


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