asian markets mostly higher after us europe gains
Last Updated : GMT 03:09:26
Arab Today, arab today
Arab Today, arab today

Asian markets mostly higher after US, Europe gains

Arab Today, arab today

Arab Today, arab today Asian markets mostly higher after US, Europe gains

Asian markets
Hong Kong - AFP

Asian markets mostly advanced on Monday following rallies on Wall Street and in Europe, while the dollar continued to struggle after the Federal Reserve dampened expectations for an early interest rate hike.
Tokyo rose 0.83 percent, Hong Kong gained 0.37 percent, Seoul added 0.10 percent and Shanghai was up 0.63 percent, marking a ninth successive rise. Sydney eased 0.34 percent.
With few catalysts to drive business early in the week investors took their lead from their US counterparts, who have been cheered by the Fed's dovish comments on rates.
While the central bank opened the door Wednesday for a rise this year, it said there were still weaknesses in the US economy, including low inflation and soft manufacturing. The news sent global shares soaring and the dollar tumbling.
In New York on Friday the Dow jumped 0.94 percent, the S&P 500 climbed 0.90 percent and the Nasdaq added 0.68 percent to end above 5,000 points for the first time since March 2000 and for only the fourth time ever.
European markets also surged, helped by Greece's promise to submit fresh bailout reform plans. London's FTSE closed above 7,000 points for the first time in its history, while the Paris CAC 40 is at levels not seen since early 2008.
The euro bought $1.0800 compared with $1.0821 but is well up from the levels below $1.05 seen at the start of last week. The single currency was also at 129.62 yen against 129.98 yen.
"The overriding factor for the Fed is whether they can afford to overstimulate the economy or raise rates too soon," Tim Schroeders, a portfolio manager at Pengana Capital Ltd. in Melbourne, told Bloomberg News.
"They can't be too aggressive in raising rates as the underlying US economy isn't as strong. Equities will continue to trend higher but as valuations become stretched, markets will be more vulnerable to a pullback."
Oil prices drifted lower again owing to ongoing concerns about a global supply glut.
US benchmark West Texas Intermediate for May delivery fell 60 cents to $45.97 and Brent crude for May tumbled 57 cents to $54.75 in mid-morning trade.
Gold fetched $1,183.31 against $1,172.01 late Friday.

arabstoday
arabstoday

GMT 03:39 2017 Friday ,24 November

European markets wobble amid US Thanksgiving holiday

GMT 22:09 2017 Thursday ,23 November

Bahrain Bourse daily trading performance

GMT 02:02 2017 Thursday ,23 November

Asian markets rally after Wall St lead, euro struggles

GMT 22:40 2017 Wednesday ,22 November

Bahrain Bourse daily trading performance

GMT 11:50 2017 Tuesday ,21 November

European stocks shrug off Germany's political woes

GMT 03:59 2017 Tuesday ,21 November

Weekly inflation decreases by 0.88%

GMT 23:50 2017 Monday ,20 November

Bahrain Bourse daily trading performance

GMT 14:54 2017 Sunday ,19 November

Bahrain Bourse daily trading performance
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

asian markets mostly higher after us europe gains asian markets mostly higher after us europe gains

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

asian markets mostly higher after us europe gains asian markets mostly higher after us europe gains

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today PNG police start removing refugees

GMT 03:00 2017 Friday ,24 November

PNG police start removing refugees
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria congress to go ahead

GMT 02:24 2017 Friday ,24 November

Syria congress to go ahead
Arab Today, arab today IS media offline for a day

GMT 02:10 2017 Friday ,24 November

IS media offline for a day
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today British woman jailed in Iran to appear

GMT 03:19 2017 Friday ,24 November

British woman jailed in Iran to appear
Arab Today, arab today 'Trash islands' off Central America indicate

GMT 20:19 2017 Friday ,24 November

'Trash islands' off Central America indicate
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mitsubishi Materials units falsified product

GMT 03:24 2017 Friday ,24 November

Mitsubishi Materials units falsified product
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Solaf happy for participating in “Hotline”

GMT 07:56 2017 Wednesday ,22 November

Solaf happy for participating in “Hotline”
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 09:12 2017 Thursday ,23 November

4 in 10 cancers due to modifiable risk

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday