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Stock market: Asia positive, looking at growth in China - Breaking news

2024-03-28T07:16:11.590Z

Highlights: Asian stock markets close on a positive note with investors finding a positive climate for economic growth in China. Central banks are also in the spotlight after the words of the governor of the Fed, Christopher Waller, on the hypothesis of a postponement of the rate cut. Closing down for Tokyo (-1.46%), with investors triggering profit-taking in anticipation of the end of the fiscal year in Japan. The yen stops volatility after interventions by the monetary authority. The Japanese currency exchanges at 151.30 against the dollar, and at 163.70 against the euro.


Asian stock markets close on a positive note with investors finding a positive climate for economic growth in China. (HANDLE)


Asian stock markets close on a positive note with investors finding a positive climate for economic growth in China. Central banks are also in the spotlight after the words of the governor of the Fed, Christopher Waller, on the hypothesis of a postponement of the rate cut.


    Closing down for Tokyo (-1.46%), with investors triggering profit-taking in anticipation of the end of the fiscal year in Japan. The yen stops volatility after interventions by the monetary authority. The Japanese currency exchanges at 151.30 against the dollar, and at 163.70 against the euro. Trading still in progress includes increases in Hong Kong (+0.94%), Shanghai (+0.37%), Shenzhen (+1.43%) and Mumbai (+0.90%). Weak Seoul (-0.3%).


    On the macroeconomic front, the final GDP of the fourth quarter of the United Kingdom and the unemployment rate of Germany are arriving. Business and consumer confidence, trade balance and producer prices are expected from Italy.


   From the United States the GDP, consumer confidence and weekly requests for unemployment benefits.


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