3 hours before
Economy
Daisuke Urakami / AP / Profimedia
Asian stocks recorded significant growth on Monday, with Japan's Nikkei 225 reaching 50,000 points for the first time, fueled by optimism generated by trade negotiations between the United States and China. American President Donald Trump attended a summit in Malaysia, where he signed preliminary trade agreements with several Southeast Asian countries. Officials from the U.S. and China announced that they are nearing a trade agreement, with a meeting planned between Trump and Chinese leader Xi Jinping.
In Japan, new Prime Minister Sanae Takaichi enjoys high public support for her pro-market policies, and defense company stocks have risen significantly. Additionally, markets in South Korea and China have recorded gains, with investors having optimistic expectations regarding a possible trade agreement.
In U.S. markets, stocks reached record highs, and inflation data was better than anticipated, which could allow the Federal Reserve to continue lowering interest rates. Oil prices rose slightly, and the U.S. dollar appreciated against the Japanese yen.
In Japan, new Prime Minister Sanae Takaichi enjoys high public support for her pro-market policies, and defense company stocks have risen significantly. Additionally, markets in South Korea and China have recorded gains, with investors having optimistic expectations regarding a possible trade agreement.
In U.S. markets, stocks reached record highs, and inflation data was better than anticipated, which could allow the Federal Reserve to continue lowering interest rates. Oil prices rose slightly, and the U.S. dollar appreciated against the Japanese yen.
Sources
Asian shares gain Japan's Nikkei tops 50,000 level, as Trump seeks trade deals
Asian markets extend gains, Japan's Nikkei nears 50,000-level
Indicele Nikkei 225 din Japonia depășește pentru prima dată pragul de 50.000 de puncte, înaintea întâlnirii dintre Takaichi și Trump