Asian markets fell Thursday with Tokyo plunging more than seven percent as investors took profits after weak Chinese data and signs the US Federal Reserve could start tapering off its massive stimulus measures.
Asian shares were mixed on Wednesday despite a strong lead from Wall Street as markets awaited testimony from the US Federal Reserve chief, but Tokyo stocks finished at their highest level in five years.
Asian shares were mixed Tuesday after a dip on Wall Street ahead of testimony from the US Federal Reserve chief and a policy meeting of the Japanese central bank.
Asian shares were mixed on Thursday despite another record US stocks close and fresh data that showed Japan’s economy grew faster than expected in the quarter to March.
Asian shares were mostly higher Wednesday, with the tumbling yen pushing Japanese stocks to a fresh multi-year high as improving confidence in the US economy boosted prospects for regional exporters.
Asian shares were mixed Tuesday, with the dollar’s rally against the yen stumbling despite better than expected US retail figures that highlighted a steady recovery in the world’s largest economy.
Asian shares were mixed Monday but the yen’s accelerated fall against the greenback drove Japanese stocks to a fresh five-year high, while new economic data signaled a sluggish recovery in China.
Asian stocks were mostly lower on Thursday as dealers took profits after recent impressive gains, but higher than expected inflation figures out of China had little effect on the markets.
Asian markets rose Wednesday after Wall Street and European stocks reached new highs, and as China released better than expected trade figures for April.
Asian markets were mixed Tuesday, with Tokyo soaring to its highest close in almost five years after a four-day holiday weekend but with other major bourses following Wall Street’s uncertain lead.
Asian markets rose Monday after a strong US jobs report revived optimism over the US economic recovery and drove Wall Street to record highs.
Asian markets mostly rose on Tuesday after another record close on Wall Street, while sentiment was also boosted by news that a new government had finally been formed in Italy after months of deadlock.
