Asian stocks to the 'federal' decision and the profits of technology companies

Asian stocks rose in a limited way on Thursday, as investors assessed the Federal Reserve that stopped the rise in interest rates and profits of US technology companies, and the Elaine was strengthened before the speech of an official of the central bank. Japan’s shares rose after a previous decline, which helped strengthen the Asian stock index. But many of the largest stock markets in the region, including those in Hong Kong, China, the continent and South Korea, were closed due to the Chinese New Year. The focus is now on the letter from the Deputy Governor of the Bank of Japan, Ryuzo Himo, who will speak Tokyo at 15:10. The Bank of Japan raised interest rates last week, and traders believe that the Federal Reserve’s signal not to chase to reduce interest can give Himmo a room to adopt a tighter tone. “He dominates a room to become more optimistic about further interest in the increase,” says Shoki Omuri, the global strategy of “Mezoho Sikiuriz” in Tokyo. He added: “Since the markets cannot arouse interest in the short term, the yen is likely to strengthen quickly if the Hummu discourse is a difficult line regarding the economy of Japan and inflation.” The movements of technology companies earned up to 0.5% against the dollar, as the traders with rapid funds placed bets on the currency, according to a currency trader living in Asia. During the US trading hours, investors in the region have a lot to think about it, but none of them referred to a clear direction for the markets. The Federal Reserve’s decision to maintain interest rates is widely expected, while the profits of companies such as “IBM”, “Mita”, “Microsoft” and “Tesla” were sent to investors. Tesla shares have risen after saying they expected a difficult year in 2024 this year. The ‘dead’ shares were restored after a preliminary decline after the results were announced, while the IBM shares jumped thanks to better sales and profits than expected. On the other hand, the shares of “Microsoft” have decreased due to the slowdown in his business that has been related to cloud computing for the past three months of last year. On the other hand, Soft Bank shares varied after a report stating that the company is considering investing $ 25 billion in “Oben Ai”. The recent fluctuations between technology giants were a major concern for Lol Street, as the shares that lead the S&P 500 were concentrated in a few businesses in a way that did not happen more than 20 years ago. The data shows that less than a third of the index companies have managed to perform the performance of the “S&P 500” over the past two years, and the strategy at Bank of America Michael Hartnet indicated. The US market futures have shown a slight increase that indicates the reflection of small declines in the most important indicators Wednesday. The federal language changes some traders who are looking for references to the Federal Reserve decision regarding the removal of a signal to progress to its 2% goal for inflation. Federal Reserve chairman Jerome Powell later said it was just an abbreviation of a sentence that was longer in the statement was not a significant sign. “I find it difficult to believe this, as the Federal Reserve knows that the market is waiting for every word and every sentence,” says Wayne Thin, head of the global market strategy at Brown Brosz Hariman in New York. The dollar fell against a basket of currencies that followed “Bloomberg”, but it remained constant against the euro and the pound star. Brad Jones, the Australian Reserve Governor for Financing Affairs, is expected to speak on Thursday after the poor inflation data for the fourth quarter. While traders raised the possibilities of the central bank to start the interest course next month, the markets did not take into account prices with a 25 basis point reduction, according to the exchange data collected by “Bloomberg”. In the commodity market, oil stabilized where investors were waiting for more clarity on the US trade policy management plans, after Trump’s candidate told Die Post of Minister of Trade that Canada and Mexico could avoid fees.