Asian stocks rise to Wall Street ... and Jen jumps
Asian stocks rose on Thursday, after the shares and bonds in Wall Street scored profits in a week affected by customs tariffs, modest gains for technology companies and unbalanced US economic data. The Japanese yen has also risen to its highest level since early December. The shares rose in Australia, Japan and South Korea, while the shares ranged at the start of trading on mainland China and Hong Kong. US stock futures were stable after the ‘S&B 500’ index and ‘Nasdaq 100’ two consecutive days of profits were registered Wednesday, increasing the recovery after a decrease Monday. The US bonds were also stable in Asian trade after scoring an increase by the revenue curve on Wednesday. The return on US bonds of ten years dropped by 9 basis points to 4.42% during the session, while yield on sensitive effects to monetary policy, one year period, fell by 3 base to 4.18%, which has been the lowest level for them since the middle of December. Australian returns also decreased early Thursday. The yen rose against the dollar for the fourth consecutive day, supported by comments from Japanese bank official Naoki Tamura, who said the Japanese interest rates could reach 1% in the second half of the 2025 financial year. The yen is also staring a new request of hedging boxes amid volatile trading in foreign exchange markets. Also read: Trump’s customs threats are restoring his prestige and concerns about the foreign exchange market knight reflects the ongoing gains of markets from shares and bonds in a state of calm in the global markets after the fluctuations he saw at the beginning of the week when Donald Trump began drawing up a few elements of his rates. The focus changed in US work data on Friday and its impact on federal reserve policy. “The fluctuations were the most important feature of this week, as the stock market tried to find a foothold while moving over the changing tariff environment and varying profits,” says Daniel Scalli, head of the research and strategies of wealth management in Morgan Stanley. The low yields were a burden on the dollar. The dollar power index fell 0.2% on Wednesday to its lowest level in a week. The movements in the United States came last night as a partial result of data showing a lower request than expected services. The slowdown indicates that the activity may fall in the coming months, as some Americans reduce their expenses in the light of the high cost of living. Separate data showed that employment in US businesses was more than expected in January, and this comes before the expected job report Friday. Also read: Trump’s fees open new doors in Asia for US gas, federal reserve officials are monitoring the development of the labor market carefully as it evaluates the extent of reduction of interest rates this year. The rapid increase in the unemployment rate last summer was one of the most important factors behind the decision of the policy makers to reduce interest by a full percentage point in 2024. However, the labor market has shown a renewed power since then, as federal reserve president Jerome Powell described as ‘largely stable’ last week. Meanwhile, Treasury Secretary Scott said that the Trump administration’s focus on borrowing costs is the returns on treasury effects for ten years, instead of the short -term standards of the Federal Reserve. The shares of “Nomura Holdings” rose 8% to levels that have not been seen since 2008, as the profits have risen more than the expectations of analysts in the results issued on Wednesday. The shares of “Nissan Motor” have also risen, while the “Honda Motor” shares have decreased to signs of doubts about the possibility of integrating the two businesses. The data for the exemption in Asia includes inflation in Vietnam and Thailand. In Europe, the Bank of England is expected to reduce interest rates by 25 basis points to 4.5%. Elsewhere in Asia, China sought a conversation with the United States at the World Trade Organization after imposing 10% of customs on Chinese imports. In a document spread on Wednesday, China said the US moves were “imposed on the basis of wrong and unjustified allegations.” Also read: “Trump is the European Union to put up customs” in the commodity markets soon, gold prices have stabilized after reaching the highest level on Wednesday, amid concerns about the market. US oil has risen slightly after more than 2% fell on Wednesday. Vikis Energy Partners official, in an interview on Bloomberg TV over the fall in oil prices Wednesday: ‘Darks are not good when it comes to expectations.