Asian markets have risen as the yen continues to fall – improving the overseas income of Japanese firms. Furthermore, yesterday’s decline in US jobless claims has given investors faith in the US economy. Considering the importance of America as an export destination for Asian companies, markets in the far east reacted positively. Another important factor for Asian equities has been Alibaba’s IPO. Thought the Chinese e-commerce giant will trade in the US market, the company’s success has given many investors confident in the growth potential of Asian firms. The Nikkei closed up 1.58%, the Hang Seng closed up 0.57%, and the ASX 200 closed up 0.32%.
European markets have climbed in light of Scotland’s rejection of independence – which has eased investor anxiety. Specifically, the financial sector performed better which companies like Royal Bank of Scotland and Lloyd’s banking group gaining. At closing, the Stoxx 50 was up 0.25%, the FTSE rose 0.48%, and the Dax climbed 0.24%.
American markets are very bullish at the moment ahead of Alibaba trading. Investors have been awaiting the Chinese e-commerce firm’s IPO for the whole week, and thus indices may climb for a while due to the excitement surrounding the company. In addition, investors are receiving positive cues from US labor market data from yesterday and a general sense of recovery in the US. Now, the Dow is up 0.26%, the S&P is up 0.16%, and the Nasdaq is up 0.12%.
September 19, 2014 – Indices News
Asian markets have risen as the yen continues to fall – improving the overseas income of Japanese firms. Furthermore, yesterday’s decline in US jobless claims has given investors faith in the US economy. Considering the importance of America as an export destination for Asian companies, markets in the far east reacted positively. Another important factor for Asian equities has been Alibaba’s IPO. Thought the Chinese e-commerce giant will trade in the US market, the company’s success has given many investors confident in the growth potential of Asian firms. The Nikkei closed up 1.58%, the Hang Seng closed up 0.57%, and the ASX 200 closed up 0.32%.
European markets have climbed in light of Scotland’s rejection of independence – which has eased investor anxiety. Specifically, the financial sector performed better which companies like Royal Bank of Scotland and Lloyd’s banking group gaining. At closing, the Stoxx 50 was up 0.25%, the FTSE rose 0.48%, and the Dax climbed 0.24%.
American markets are very bullish at the moment ahead of Alibaba trading. Investors have been awaiting the Chinese e-commerce firm’s IPO for the whole week, and thus indices may climb for a while due to the excitement surrounding the company. In addition, investors are receiving positive cues from US labor market data from yesterday and a general sense of recovery in the US. Now, the Dow is up 0.26%, the S&P is up 0.16%, and the Nasdaq is up 0.12%.
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