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Japan’s Nikkei Stock Average rises as stock prices in the Asia-Pacific region rise following the Wall Street jump

Singapore-Dow Jones Industrial Average rose more than 500 points overnight, followed by a rise in Asia-Pacific stocks in Wednesday morning trading.

in Japan, Nikkei 225 While the Tokyo Stock Price Index rose 1.42%, it rose 1.3%, driving the rise in major markets in the region.

Japan’s exports in June increased by 48.6% year-on-year, according to data released Wednesday by the Treasury. This was higher than the 46.2% increase expected by economists in a Reuters poll.

Inventories in mainland China Shanghai Composite Increased by 0.75% Shenzhen component It increased by 0.995%.Hong Kong Hang Seng Index It advanced by 0.19%.

Elsewhere S & P / ASX 200 In Australia it rose 1.22%.

Australia’s retail sales fell 1.8% in June compared to the previous month on a seasonally adjusted basis, preliminary retail trade data from the National Statistics Bureau showed Wednesday.

Following that data release Australian dollar I changed my hand at $ 0.7319, which is still out of the level above $ 0.742 seen last week.

Korean KOSPI I was late because I slipped 0.17%.

MSCI’s widest non-Japanese Asia Pacific stock index traded 0.37% higher.

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Overnight, the Dow Jones Industrial Average jumped 549.95 points to 34,511.99. The S & P 500 rose 1.52% to 4,323.06 and the Nasdaq Composite index rose 1.57% to 14,498.88.

These profits were a resurgence from the loss on Monday. Dow plunges over 700 points In fear that the revival of Covid may delay economic recovery.

Currency and oil

The· USD indexTracking the greenback against the peer’s basket was 93 after recently seeing levels above 93.1.

The· Japanese yen It traded at 109.88 per dollar, weaker than the level below 109.5 seen against the greenback earlier in the week.

Crude oil prices were low in the morning of Asian trading hours on international benchmarks Brent Crude Futures $ 69.07 per barrel, down 0.4%. US Crude Oil Futures It fell 0.48% to $ 66.88 per barrel.

Japan’s Nikkei Stock Average rises as stock prices in the Asia-Pacific region rise following the Wall Street jump

Source link Japan’s Nikkei Stock Average rises as stock prices in the Asia-Pacific region rise following the Wall Street jump

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