Daily News | 10-year highs in Asia

We have some big news for holders and traders of Asian shares because these assets have risen once again. And how – on Tuesday they hit 10-year highs! There are many indexes that have climbed, but we’ll mention only the most important ones here. First of all, Japan’s Nikkei .N225 rose 1.7 percent. Many analysts think that its rise has to do with the big expectations of profits from Japanese companies. It seems that investors will keep on investing in Japanese stocks, so we can expect further market activities with Nikkei. .MIAPJ000PUS, the most important Asia-Pacific index outside Japan, rose 0.7 percent. Apart from 10-year highs in Asia, Australia’s S&P/ASX 200 index jumped as well – it has almost reached 10-year high, too. The main reason for its strong position are the prices of commodities. We’ll conclude today’s news report with the situation in European bourses. All of the important European stock futures – STXc1, FDXc1, FFIc1 – rose 0.3 percent. As you can see, pretty much all markets are quite dynamic and there is plenty to work with. We’ll have more tomorrow, so make sure you come back again.

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Author: Max Rothstein

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