LOGO
LOGO

Asian Market Updates

Asian Equities Gain As Fed Pivot Hopes Deepen

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Positive sentiment prevailed in most Asian markets on Thursday amidst dovish comments by Federal Reserve officials that markets see as heralding an earlier-than-expected rate cut. Easing inflation in Europe as well as hopes of Chinese stimulus also buoyed market sentiment.

China's Shanghai Composite Index gained 0.3 percent to finish trading at 3,029.67. The day's trading ranged between 3,030.91 and 3,013.77. The Shenzhen Component Index dipped 0.2 percent to close at 9,726.92.

Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial - No Payment Required
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Market Analysis

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19