Japan's Nikkei leads gains in Asia
Nikkei leads gains in Asia-Pacific markets after Wall Street boost; BOJ and PBOC hold rates
Asia-Pacific markets on Friday were mostly higher, with Japan's Nikkei 225 leading the gains after Wall Street soared overnight following the Federal Reserve’s outsized rate cut. Market
Japan's Nikkei leads gains in Asia Pacific after Wall Street soars; China holds benchmark rates
Traders in Asia will also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People's Bank of China.
Asian stocks follow Wall Street's rate-cut rally higher, as BOJ stands pat
On Thursday, the S&P 500 jumped 1.7% to 5,713.64 for one of its best days of the year and topped its last all-time high set in July. The Dow Jones Industrial Average leaped 1.3% to 42,025.19, and the Nasdaq composite led the market with a 2.5% spurt to 18,013.98.
Asia: Markets track Wall Street record to extend global rally
ASIAN markets built on Friday on the latest global rally after a jumbo US interest rate cut, while the yen edged up as focus turns to the Bank of Japan policy decision later in the day. Read more at The Business Times.
Wall Street soars to records in a rate-cut rally that swept the world
Wall Street's gains followed rallies for markets across Europe and Asia after the Federal Reserve delivered the first cut to interest rates in more than four years late on Wednesday.
Stock market today: World shares are mostly higher as Wall Street gears up for an interest rate cut
Shares are mostly higher in Europe and Asia as world markets await an expected interest rate cut by the Federal Reserve
Asia-Pacific markets set to open higher, tracking gains on Wall Street; Nikkei set to open 3% higher
The major benchmarks rebounded from intraday lows after a volatile trading session, as investors parsed through the higher-than-expected consumer prices report.
Asian Markets Track Wall Street Record To Extend Global Rally
Asian markets rose Friday to build on the latest global rally after a jumbo US interest rate cut this week, while the yen reversed earlier gains after the Bank of Japan decided against another hike.
Asian shares extend rally, yen edges higher as BOJ holds steady
By Stella Qiu SYDNEY (Reuters) -Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest U.S. rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy.
Asian shares bathed in Fed afterglow, yen jittery ahead of BOJ
Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest rate cut in the United States, while the yen was jittery ahead of a monetary policy decision in Japan as traders look for clues about future tightening.
India's Nifty, Sensex outperform most global markets, behind only Wall Street
India's NSE Nifty 50 and S&P BSE Sensex are trailing only Wall Street's Nasdaq and S&P 500 as top-performing indexes this year, with analysts expecting the rally to extend into 2025.
Malaysia Sun12h
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Asia-Pacific markets set for mixed open as investors digest outsized Fed rate cut
Investors in Asia will parse New Zealand GDP figures, August trade data from Malaysia, unemployment rate from Australia.
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