Asian stock markets are mostly higher on Thursday with investor sentiment buoyed by news that the U.S. and China have granted tariff exemptions to each other ahead of the next round of trade talks. Optimism about new global stimulus ahead of the European Central Bank's monetary policy decision later in the day also boosted risk appetite.
The Australian stock market is rising following the positive cues from Wall Street.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.