Reported 6 days ago
Asian shares rallied at the beginning of the fourth quarter, driven by a weaker yen that bolstered Japanese markets, notably the Nikkei 225 which rose 1.9%. The gains come amid a shift in investor sentiment following leadership changes in Japan and mixed signals from US Federal Reserve officials. While most Asian markets advanced, Australian shares retreated slightly. Analysts predict the upward momentum will continue, maintaining strong earnings and consumer spending despite looming geopolitical tensions.
Source: YAHOO