Asia shares mixed despite stronger Japanese growth
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 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 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.
Asian markets were mixed on Monday while the dollar slipped after US economic growth data came in below forecast owing to deep federal spending cuts.
Asian markets were mostly up on Thursday in quiet trade after an anemic close on Wall Street, while the dollar’s recent rally seemed to have leveled out just short of the 100 yen mark.
Asian markets rose on bargain-buying Wednesday and following a rally on Wall Street, with Tokyo enjoying a healthy bump as the dollar tries to break through the 100 yen barrier.
Asian shares mostly fell on Tuesday as fresh data showed Chinese manufacturing weakening further this month, while Japan’s Nikkei succumbed to profit-taking and a pick-up in the yen.
