Asian markets opened higher on Thursday, lifted by global cues and reassurance from the U.S. Federal Reserve’s decision to hold interest rates steady. Investors also showed optimism over signs of easing trade tensions between the U.S. and China.
- Japan’s Nikkei 225 rose 0.2 percent to 36,863.15
- Australia’s S&P/ASX 200 added 0.2 percent to 8,190.40
- South Korea’s Kospi gained 0.3 percent to 2,581.62
- Hong Kong’s Hang Seng Index climbed 0.8 percent to 22,864.74
- China’s Shanghai Composite advanced 0.8 percent to 3,342.66
The performance suggests cautious confidence in Asia, supported by Wall Street’s modest gains and stabilising economic data from the U.S.
European markets expected to open in positive territory
European indices are projected to open higher following gains in Asia. Investor sentiment remains fragile, however, as concerns about slow economic growth and weak industrial output linger across the eurozone.
While the immediate market response is expected to be upbeat, upcoming economic data and corporate earnings will be crucial in determining whether momentum can be sustained throughout the day.
U.S. markets look to extend gains amid economic uncertainty
U.S. stock futures point to a stable to slightly positive open after a modest rally on Wednesday. The Federal Reserve’s decision to keep rates unchanged has eased fears of imminent tightening, but broader economic indicators remain concerning.
Recent data showed a contraction in first-quarter GDP and a decline in consumer confidence. Corporate earnings have been mixed, with several major companies issuing cautious forward guidance. Investors are watching closely for any signs of policy shifts or fiscal responses to support slowing growth.
In summary, global markets are off to a steady start on Thursday, with optimism in Asia and cautiously positive expectations in Europe and the United States. Still, economic data and earnings results will determine whether markets can maintain this early strength.
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