Asian Markets Rise as Central Bank Decisions Favor Stimulus, Nikkei Achieves Record

Reported about 3 hours ago

Asian shares capped off a significant week for central banks with gains, driven by expectations of more monetary stimulus worldwide. The Nikkei reached a new high, rising 0.7% on Friday as the Bank of Japan is anticipated to maintain its accommodative policy amidst domestic political uncertainties. Despite fluctuations, markets exhibited overall positive momentum, inspired by recent rate cuts from various central banks and improved U.S. job data. Investors remain attentive to upcoming developments, including potential discussions between U.S. and Chinese leadership.

Source: YAHOO

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