Asian Shares Follow Wall Street Higher with China

<div><img width="750" height="430" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2021/02/European-Stocks-Status-During-Powells-Speech-Finance-Brokerage.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="mercado de acoes" loading="lazy" srcset="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2021/02/European-Stocks-Status-During-Powells-Speech-Finance-Brokerage.png 750w, https://6ztkp25f.tinifycdn.com/wp-content/uploads/2021/02/European-Stocks-Status-During-Powells-Speech-Finance-Brokerage-300×172.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></div><h1><span data-preserver-spaces="true">Asian Shares Follow Wall Street Higher with China</span></h1>
<p><span data-preserver-spaces="true">Shares of Sydney and </span><a href="https://www.financebrokerage.com/tokyo-shares-end-higher-solid-tech-issues/" target="_blank" rel="noopener"><span data-preserver-spaces="true">Tokyo</span></a><span data-preserver-spaces="true"> rose on Wall Street on Wednesday. South Korea, </span><a href="https://www.financebrokerage.com/blockage-in-china-causing-ripple-effects-worldwide/" target="_blank" rel="noopener"><span data-preserver-spaces="true">China</span></a><span data-preserver-spaces="true">, and Southeast Asia closed for the lunar New Year. The Wall Street S&amp;P 500 Index increased 0.7% on Tuesday, exacerbated by an increase in technology and energy stocks due to late acquisitions. The Nikkei 225 in Tokyo gain to 27,552.61, for a total of 1.8%. Sydney’s S &amp; P-ASX 200 increased to 7,094.80, a total of 1.3%.</span></p>
<p><span data-preserver-spaces="true">Sensex opened at 59.403.16, up 0.9%. The New Zealand benchmark rose 1.9% after the government announced a record low unemployment of 3.2% in the last quarter of 2021. Jakarta has also been promoted. U.S. stocks are ending the worst month since the pandemic began; Almost two years ago.</span></p>
<p><span data-preserver-spaces="true">Investors are trying to figure out how the future increase in Federal Reserve rates will affect the economy and corporate profits; aimed at reducing inflation, which has risen to a four-decade high. On Tuesday, the S&amp;P 500 increased to 4,546.54. This is 5.2% lower than the January 3 all-time high. The Dow Jones Industrial Average reached 35,405.24 and increased 0.8%. The Nasdaq Composite added up to 14,346, for a total of 0.7%. Exxon Mobil grew by 6.4% after the company announced substantial profits in the fourth quarter. Hewlett Packard Enterprise rose 2.9%. The virus pandemic is still a constant threat. Each new option can bring an increase in cases. This, in turn, threatens consumer activity and business.</span></p>
<h2><span data-preserver-spaces="true">Fed and Shares</span></h2>
<p><span data-preserver-spaces="true">Fed officials said in mid-December that they had a plan to cut bond purchases and other incentives to raise prices; To accelerate to reduce inflation. Consumers continued to spend despite price increases; However, forecasters may weaken retail purchases; Also reduce economic growth. Investors expect the Fed to raise rates at least fourfold this year, starting in March. On Friday, the Department of Labor announced January employment in the U.S. The price of U.S. oil was $88.47 per barrel, up 27 cents. On Tuesday, the contract was $88.20 and added 5 cents. Brent oil was at $ 89.46 a barrel in London; 30 cents was added. In the previous session, it fell 10 cents to $89.16. The dollar rose to 114.76 yen on Tuesday. The euro grew to $1.1274.</span></p>
<h2><span data-preserver-spaces="true">Japanese Stocks</span></h2>
<p><span data-preserver-spaces="true">Topix advanced to 1,936.56, up 2.14% overall. All three Wall Street landmarks were promoted overnight. Investors generated strong returns from large American companies; Against mixed economic data and inflation concerns. Investors realized they were overly sensitive to risk; Consequently, they bought shares that were over-sold. Also, investors are more responsive to positive news, so they buy stocks with solid returns. However, the market increased; investors can be cautious and start selling.</span></p>
<p><span data-preserver-spaces="true">Keyence jumped 6.18% after the electronic app equipment maker posted record operating profit for the nine months to December. Sony Group grew its revenue account by 4.93% after closing the market. Shin-Etsu Chemical and Tokyo Electron increased by 4.45% and 2.04%, respectively. Airlines jumped 4.99%. ANA Holdings increased by 6.21%; Added, after the airline was surprised by a small operating profit in the third quarter.</span></p>
<p><span data-preserver-spaces="true">Isetan Mitsukoshi Holdings added 5.52%; The department store operator grew its annual net profit prospect. Aisin said 4%. Toyota Motor’s supplier said its nine-month net profit had doubled. Denso, another Toyota supplier, halted early profits; it ended 0.91% lower. Since It lowered its annual operating profit forecast, it had 199 improvements recorded on the Nikkei index. The trading volume on the Tokyo Stock Exchange was 1.37 billion; Compared to an average of $1.15 billion over the past 30 days.</span></p>
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