W3Schools

Asia Markets: Asian stocks broadly bounce higher on tech gains

Equities extended this week’s gains a bit further early Thursday as minutes of the Federal Reserve’s meeting revealed a deeper-than-expected divide on the timing of the next interest rate increase.

The prospect of a slower pace of additional rate increases pressured the dollar in Wednesday afternoon U.S. trading, and the subsequent gain in the yen weighed on Japanese stocks early Thursday. The Nikkei NIK, -0.14% was recently down 0.2% at the dollar JPYUSD, +0.235598% fell to session lows of ¥109.80 in Asian trading, the greenback’s lowest level since Tuesday.

Still, this year’s rebound for the yen doesn’t seen to be hitting Japan’s economy.

>>> Original Source <<<

Comentários