Reported about 2 months ago
Equities surged in Japan and China following gains in the US, spurred by favorable economic reports, including Japan's faster-than-expected growth and signs of stabilization in China's retail and housing sectors. Investors seemed encouraged by US inflation data, hinting at potential interest rate cuts by the Federal Reserve. Major indices such as Japan's Topix and China's CSI 300 increased over 1%, while futures for the S&P 500 and Nasdaq also rose. Overall market sentiment remains optimistic as traders digest the economic landscape.
Source: YAHOO