Connect with us

Business

Asian markets rise as earnings optimism trumps COVID fears

 


BEIJING’s Asian stock markets followed Wall Street higher on Thursday for a second day, as optimism about an economic recovery seemed to outweigh concerns about rising coronavirus cases and inflation.

The Shanghai SHCOMP Composite Index,
+ 0.34%
increased by 0.3% and the Hang Seng HSI,
+1.83%
in Hong Kong jumped 1.7%. The Kospi 180721,
+1.07%
in Seoul added 1.1% and the S & P / ASX 200 XJO,
+1.06%
in Sydney rose 0.9%. Inventories won in Singapore STI,
+1.29%,
Taiwan Y9999,
+ 0.65%
and Indonesia JAKIDX,
+1.78%.

Tokyo markets were closed for a public holiday.

Day-to-day, the Wall Streets S&P 500 SPX index,
-0.00%
rose 0.8%, setting it up for a weekly gain after rebounding from Monday’s 1.6% loss. The Dow Jones Industrial Average DJIA,
-0.14%
gained 0.8% to 34,798 and the Nasdaq composite COMP,
+ 0.24%
added 0.9% to 14,631.95.

Investors oscillate between optimism about a global recovery and unease that it could be delayed by the spread of the more contagious delta variant of the virus. They also fear that central bankers will come under pressure to contain rising inflation by canceling easy credit.

The delta variant remains a pervasive downside risk for short-term markets, Oanda’s Craig Erlam said in a report, but as long as inflation remains only a temporary problem, it also keeps central bank hawks out. distance.

On the energy markets, the American benchmark CLU21 crude,
+ 0.78%
lost 31 cents to $ 69.99 a barrel in electronic trading on the New York Mercantile Exchange. The contract rose from $ 2.88 on Wednesday to $ 70.30. Brent crude BRNU21,
+ 0.76%,
used to set the price of international oil, lost 35 cents to $ 71.88 a barrel in London. It advanced $ 2.88 the previous session to $ 72.23.

The dollar USDJPY,
-0.18%
fell to 110.14 yen from Wednesday 110.28 yen.

Sources

1/ https://Google.com/

2/ https://www.marketwatch.com/story/asian-markets-rise-as-earnings-optimism-outweighs-covid-fears-01626927062

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

ExBUlletin

to request, modification Contact us at Here or [email protected]