Asian stocks, influenced by the recovery of the technology shares that Wall Street has urged to achieve their highest levels ever. Investors are also awaiting the Bank of Japan policy decision, where the interest rate is expected to be raised on Friday. The Asian stock index was on its way to achieving the second week of profits, with Hong Kong, Sydney and Soulayn indicators. Japanese stocks also rose for the fifth consecutive day, while the yen fell slightly before the expected interest rate decision. Meanwhile, futures for the “S&P 500” index dropped after the technology shares urged the indicator on Thursday to reach the level of 6100 points. “Despite the increase in Asian markets powered by the power of US stocks in night transactions, which recorded record levels and optimism in the technology and renewable energy sector, there can be some caution,” says Billy Lyong, the Global X ETFS strategy. He added: “The markets may consider the policy decision of Japan and the modified targets for growth in China, which apparently refers to a light momentum.” Meanwhile, oil prices have fallen for the sixth consecutive day. Donald Trump used his speech to world leaders in Davos, Switzerland, to announce that he would ask Saudi Arabia and other OPEC members to “reduce the cost of oil”, as the pressure to increase oil production is a way to increase the pressure on Russia and end the ongoing war in Ukraine. On the other hand, the price of training rose for the first time in three sessions on Friday, after Trump’s executive orders, according to which a working group was established without expectation. Bank of Japan’s movements will now turn their attention to the Bank of Japan, which is expected to increase the standard rate by 25 basis points, which will be the largest upliftment in 18 years. Governor Kazu Ayida and his council are likely to decide to raise the interest rate on night deposits to 0.5%, in an overview of the increasing confidence in the sustainability of inflation. The most important inflation index in Japan reached 3% for the first time in 16 months, highlighting the ongoing price of prices in the country. “If the Bank of Japan arouses the advantage today, there is a golden opportunity for the decision to be characterized by a tone that tends to facilitate, because there is a great risk to economic and market unrest due to US policy.” Cruelty in China at the same time varied Chinese shares after the Chinese Securities Regulation Committee on Thursday said that investment funds should increase their belongings from local equities by at least 10% annually during the next three years, while the major state saving companies should invest 30% of the new insurance premiums starting in 2025. By returning to the United States, there is some optimism and that the Trump administration can be to introduce the balance in the conditions that the balance can achieve. Markets will at the same time enable the Federal Reserve to continue the financial facilitation this year. According to James Demart of Main Street Research, the financial market is lived in the case of ‘front -storm calm’ at a press conference of the Federal Reserve and the beginning of the profit season for major technology businesses, and this is likely to cause market fluctuations. “In the world of companies, the shares of” Mitsubishi Motors “have taken off after the Japanese media reported that it would not be part of the plans of” Honda Motor “and” Nissan “to integrate the two businesses under a control company.
Asian stocks are rising and markets await the decisions of the bank of Japan
