Asia stocks climb on tech rebound; yen strength drags on Japan ahead of key central bank decisions
Comments
Asia stocks trade mostly advance on Monday as technology shares rebounded, and tracking an upbeat session on Wall Street on Friday, where investors reacted positively to an inflation report that met expectations. Positive sentiment was driven by two factors: stronger performance in U.S. futures and
Quick Insights
Most Asian stock markets advanced, tracking upbeat Wall Street sentiment and US inflation data, though Japan declined on caution ahead of key economic releases.
Gold hit a record high and silver reached a new 14-year peak driven by rate cut expectations and a weaker US dollar.
China is implementing stimulus measures and policy pivots for investment and yuan use; Japan faces political change and a heavy data calendar affecting market sentiment.
Recommended For You
More Trending News
Related Stocks
SymbolLast Price% ChgFXI–iShares China Large-Cap ETFEWJ–iShares MSCI Japan ETFDXJ–WisdomTree Japan Hedged Equity Fund ETFFXY–Invesco CurrencyShares® Japanese Yen Trust ETFUSD–ProShares Ultra Semiconductors ETF
Trending Analysis
Trending News