قالب وردپرس درنا توس
Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Reconstruction of production pushes Asian shares to seven-month highs

Reconstruction of production pushes Asian shares to seven-month highs



© Reuters. FOOTBALL FOOT: Men watch the stock quote board outside a Tokyo brokerage company

TOKYO (Reuters) – Asian stocks prolonged their rally on Tuesday as positive factory China and US factories have provided much boost to the trust of investors. European stocks were expected to rise, London's futures rose by 0.1%, and Frankfurt also traded a little higher.

Australian stocks rose 0.4 percent after the Australian reserve bank held the steady interest rates at its April meeting as expected.

Hong Kong also traded higher, 0.4% and 0.1

%, respectively.

Wall Street shares jumped on Monday, both rising by more than one percent, with Dow picking up sharp gains in 19659011] Caterpillar Inc (NYSE 🙂 and Boeing (NYSE 🙂 Co. Investors welcomed US data overnight, showing improvements in production last month and construction costs in February, diminished an unexpected decline in retail sales.

Convincing readings have boosted the positive moods of earlier data showing that China's manufacturing sector has surprisingly returned to growth for the first time in four months in March. is the result of constant cooling worries around the world, the Sino-American tariff war, the slowdown in trade and lower corporate profits, prompting investors to throw out risky assets over the past few months.

"The market is reacting to improving mood in China, and many investors are buying in anticipation of a rise in stocks," said Norichiro Fujita, chief investment strategist at Mitsubishi UFJ Morgan Stanley (NYSE 🙂 Securities.

Fujito said he expects the market to capture consumer moods in the United States at some point, as lower retail sales figures show it is not as good as thought.

This sale on Monday prompted the biggest one-day jump in 10-year bond yields in the US since January 4, yields to 2.508%.

Overnight growth pushes the yield curve between US Treasury bills and 10-year banknotes in positive territory after being turned over for a week to last Friday, raising fears that it could lead to a recession.

On Tuesday, the latter is at 2.475%.

BREXIT CHAOS

In the forex market, the battlefield has risen by more than 22% to $ 5,080 on the Luxembourg-based Bitstamp stock exchange in 2019.

The upswing saw the world's largest cryptoLog over 200 – its daily sliding average for the first time in more than a year. The unit's value collapsed last year as authorities worldwide tightened their regulation on the market.

Sterling tapped as British lawmakers did not come close to resolving chaos around the country's withdrawal from the European Union.

The British parliament failed on Monday to find a majority for any alternative to Prime Minister Theresa. , although support for an alternative involving a customs union was far higher than that for the May deal.

"The only sensible thing about Theresa May is to step aside and allow someone else to take control of Brexit," said Naim Aslam, chief market analyst at Think Markets in London, a customer message said.

Sterling was last down by a quarter of a percentage at $ 1.3074, not far from the lowest value last month from $ 1.2945.

The euro struggled for nearly three weeks, the lowest of $ 1.1198 disappeared early Tuesday and the last trade fell 0.1% to $ 1.1207.

Against the Japanese yen, the dollar fell by 111.33 yen, but 1.5% above its 1-1 / 2-month rate of 109.70 touched by Ma

Oil prices rose to its highest 2019, after an official US official said Washington was considering more sanctions against Iran and a key Venezuelan export terminal halted production. [O/R] Futures were traded at a price of $ 61.82 a barrel, or 0.4 per cent a day. futures rose 0.3 percent to $ 69.19 a barrel.

Gold reaches $ 1,288.30.


Source link