Nikkei Rallies on Big Tech Bets, Hang Seng Rides Wall St Wave

Category: Finance

Asian stocks rebounded as investor sentiment improved ahead of major tech earnings and central bank meetings. The Nikkei share average rose 2.13%, marking its first gain in nine sessions, while Wall Street's major indexes also ended higher. Analysts predict cautious growth measures from China's Politburo meeting, and markets are anticipating potential interest rate cuts from the Federal Reserve and the Bank of Japan.

Keywords: Asian stocks, central banks, tech earnings

Source: Asia Financial

Update At: 8/6/2024

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