asian stocks mostly higher weak yen boosts tokyo
Last Updated : GMT 18:26:54
Arab Today, arab today
Arab Today, arab today

Asian stocks mostly higher, weak yen boosts Tokyo

Arab Today, arab today

Arab Today, arab today Asian stocks mostly higher, weak yen boosts Tokyo

Asian markets mostly rise
Hong Kong - AFP

Asian markets mostly rose Tuesday, with Tokyo boosted by a weaker yen while dealers await the release of major earnings reports as well as key central bank policy meetings in the United States and Japan.

Hopes for a deal between Greece and its creditors over its bailout terms provided a measure of support to the euro after Athens reshuffled its negotiating team following months of fruitless talks.

Tokyo added 0.63 percent and Shanghai put on 0.18 percent, while Hong Kong put on 0.17 percent and Seoul was flat. Sydney slipped 0.40 percent.

The broad gains came despite losses on Wall Street, where profit-takers moved in after Friday's record closures for the S&P 500 and Nasdaq.

The S&P 500 slipped 0.41 percent and the Nasdaq fell 0.63 percent, while the Dow eased 0.23 percent.

Japan's Nikkei was the stand-out performer as the weaker yen helped exporters. The dollar bought 119.12 yen in Asian trade, up from 119.05 yen in New York.

However, the latest round of weak US data have almost put an end to talk of a mid-summer interest rate hike by the Federal Reserve. Traders are awaiting the end Wednesday of a two-day policy meeting by the Fed, hoping it will give a clue about its timetable for raising rates.

That will be followed by a meeting by the Bank of Japan, with expectations high that it will hold off any further easing of monetary policy.

Hopes in Tokyo are also high as the corporate reporting season gets into full swing, with Panasonic and Honda due to report later Tuesday

The euro fetched $1.0876 and 129.60 yen against $1.0889 and 129.64 yen in US trade.

The single currency has managed to hold its own despite the long-running stand-off between Greece and its creditors as its anti-austerity government tries to reform its bailout.

Athens has been trying to negotiate a deal that would unlock 7.2 billion euros in remaining EU-IMF bailout money that it needs to avoid default and a possible exit from the euro.

Hopes for a deal were increased after Prime Minister Alexis Tsipras on Tuesday said he was confident of a breakthrough by early May.

While he has resisted pressure to continue with a policy of cuts in return for the cash, he did say he was prepared to consider a number of privatisations.

On Monday Tsipras reshuffled his negotiating team after another high-level meeting of European finance ministers in Riga ended in failure.

However, he defended his embattled Finance Minister Yanis Varoufakis, whose flamboyant style has reportedly irritated his European peers, calling him an "important asset" to the government.

Oil weakened in Asia after a senior Saudi official signalled that the world's top crude exporter has no intention of cutting production despite a global oversupply, analysts said.

US benchmark West Texas Intermediate fell 51 cents to $56.48 while Brent eased 49 cents to $64.34.

Gold fetched $1,199.83 against $1,185.34 late Monday.

arabstoday
arabstoday

GMT 14:54 2017 Sunday ,19 November

Bahrain Bourse daily trading performance

GMT 03:16 2017 Saturday ,18 November

Asian markets head for positive end to volatile week

GMT 11:57 2017 Friday ,17 November

US stocks boosted by solid Wal-Mart, Cisco earnings

GMT 06:51 2017 Friday ,17 November

Bahrain Bourse daily trading performance

GMT 03:57 2017 Thursday ,16 November

Stock markets retreat as oil slides

GMT 15:05 2017 Wednesday ,15 November

Bahrain Bourse daily trading performance

GMT 02:47 2017 Wednesday ,15 November

Asian markets down as fears grow for US tax reform

GMT 19:56 2017 Tuesday ,14 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 stocks mostly higher weak yen boosts tokyo asian stocks mostly higher weak yen boosts tokyo

 



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 stocks mostly higher weak yen boosts tokyo asian stocks mostly higher weak yen boosts tokyo

 



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 Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
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 Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Mona Abdel Ghany increased artistic activities

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

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