Asian share markets rose in thin trading on Thursday as much of the region was on holiday for the Lunar New Year, while the U.S. dollar held its ground after the Federal Reserve signaled a pause in policy easing.
Asia-Pacific markets advance on Wednesday, mirroring global sentiment as investors braced for the Federal Reserve’s upcoming policy decision, with the central bank widely expected to leave interest rates unchanged.
Many of the region’s biggest equity markets — including those in Hong Kong, mainland China and South Korea — are closed for the Lunar New Year holiday.
The yen made broad gains on Thursday as Japan looks on track to keep raising interest rates as others cut, with the European Central Bank seen certain to deliver just the latest in a string of easings today.
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg.
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg.
Rising tariff risks, a potential Sputnik moment in tech and looming holidays have left hedge funds and other currency traders across Asia unsure of just what bets to make, according to market participants.
The yen made broad gains on Thursday as Japan looks on track to keep raising interest rates as others cut, with the European Central Bank seen certain to deliver just the latest in a string of easings today.
Asian stocks were poised to track their US peers lower on Thursday after the Federal Reserve held rates unchanged as expected, with Chair Jerome Powell saying officials were not in a hurry to lower rates.
Asia-Pacific markets rose on Thursday despite a sharp decline on Wall Street the previous day as investors reassessed the Fed's policy outlook after its widely expected decision to
According to Daniel Ghali, a senior commodity strategist at TD Securities, last week's gold price surge was driven by the return of Asia’s so-called