Published 4 years ago

Asian markets start on firm footing on vaccine, U.S. aid hopes

Summary by Reuters

Asian markets started higher on Monday, buoyed by hopes of a U.S fiscal package before the U.S. presidential elections next month and expectations of a coronavirus vaccine by the end of this year, though the mood was still cautious as infections jump.MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> added 0.26% for its second straight day of gains.

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News18 India

Asian Markets Jump On Vaccine, U.S. Aid Hopes; Gains Capped By China Data

Asian markets advanced toward a recent 21/2year peak on Monday powered by hopes of a U.S fiscal package and expectations of a coronavirus vaccine by the end of this year, though weakerthanexpected Chinese data capped gains.

4 years ago·India

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The Guardian

Global shares rise on US stimulus and vaccine hopes, China data – business live

European shares lifted by strong corporate results and Chinese retail sales, despite new Covid-19 restrictions across Europe 8.40am BSTRetail sales in China rose 3.3% in September from a year earlier, a big jump from 0.5% in August.Vasu Menon, executive director of investment strategy at OCBC Bank, described this as a “big surprise”. Markets were somewhat disappointed by China’s 4.9% GDP growth figure for the third quarter, but analysts thought …

4 years ago·London, United Kingdom

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Reuters

Asian markets start on firm footing on vaccine, U.S. aid hopes

By Swati Pandey SYDNEY - Asian markets started higher on Monday, buoyed by hopes of a U.S fiscal package before the U.S. presidential elections next month and expectations of a coronavirus vaccine by the end of this year, though the mood was still cautious as infections jump. MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> added 0.26% for its second straight

4 years ago·United Kingdom

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News24

Asian markets rise on US stimulus hope, China growth falls short

Asian markets rose on lingering hopes for a new US stimulus package, though Shanghai and Hong Kong pared their initial rallies after data showed China's economy grew at a slower pace than forecast.

4 years ago·South Africa

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IBTimes

Asian Markets Rise On US Stimulus Hope, China Growth Falls Short

Asian markets rose Monday on lingering hopes for a new US stimulus package, though Shanghai and Hong Kong pared their initial rallies after data showed China's economy grew at a slower pace than forecast. With a little over two weeks until the November 3 elections, time is running out for US lawmakers to reach an agreement on much-needed coronavirus support but talks remain bogged down.

4 years ago·United States

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Financial Post

Asian markets start on firm footing on vaccine, U.S. aid hopes

SYDNEY -- Asian markets started higher on Monday, buoyed by hopes of a U.S fiscal package before the U.S. presidential elections next month and expectations of a coronavirus vaccine by the end of this year, though the mood was still cautious as infections jump. Read More

4 years ago·Canada

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