Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
Seeking Alpha 2025-01-30 06:30:35

Asia-Pacific markets rise in thin-holiday trade as investors digest Fed rate pause

Asia-Pacific markets rise in thin-holiday trade as investors digest Fed rate pause

Asia-Pacific markets rose on Thursday despite a sharp decline on Wall Street the previous day as investors reassessed the Fed's policy outlook after its widely expected decision to hold rates steady and acknowledged that inflation remains "somewhat elevated." Markets in Taiwan, South Korea, Hong Kong and China are closed for the Lunar New Year holidays. Japan ( NKY:IND ) rose 0.06% to just below 39,400, while the broader Topix Index dropped 0.2% to 2,770 on Thursday, paring gains from the previous session. The Japanese yen strengthened past 154.5 per dollar on Thursday, marking its second consecutive session of gains, as investors awaited comments from Bank of Japan Deputy Governor Ryozo Himino later in the day. China ( SHCOMP ) market closed, the offshore yuan Hong Kong ( HSI ) market closed. The Hong Kong Monetary Authority kept its base rate unchanged at 4.75% on January 30, hours after the US Federal Reserve maintained its borrowing costs, as widely expected, following three rate reductions in 2024. India ( SENSEX ) rose 0.22% to 76,836 in early deals on Thursday, advancing for the third consecutive day and hitting its highest level in over a week amid solid gains from realty, metals, pharmaceuticals, oil & gas, and healthcare. Australia ( AS51 ) rose 0.55% climbing above 8,470 and edging closer to all-time highs, driven by strong performances in the energy and technology sectors. The Australian dollar rose to around $0.623 on Thursday after three consecutive days of losses, as investors continued to assess the Reserve Bank of Australia's monetary policy outlook following weaker-than-expected inflation data. Australia's export prices rose by 3.6% qoq in Q4 of 2024, shifting from a 4.3% fall in Q3 and marking the first rise since Q4 of 2023. Australia's import prices unexpectedly increased by 0.2% QoQ in Q4 of 2024, rebounding from a 1.4% drop in Q3 and beating market estimates of a 1.5% decline. In the U.S., on Wednesday, all three major indexes ended in red , triggered by the Federal Reserve's decision to pause its rate-cutting cycle while acknowledging that inflation remains "somewhat elevated." Investor sentiment was also impacted by mixed earnings from major US tech companies, including Tesla, Meta Platforms, and Microsoft. U.S. stock futures rose on Thursday as investors digested mixed earnings reports from megacap tech companies: Dow +0.21% ; S&P 500 +0.34% ; Nasdaq +0.57% . Currencies: ( JPY:USD ), ( CNY:USD ), ( AUD:USD ), ( INR:USD ), ( HKD:USD ), ( NZD:USD ). More on Asia: Australia reports Q4 inflation data below forecasts; core inflation fall to three-year low of 3.2% China's factory activity unexpectedly contracts in Jan, growth in services sector slows significantly China unveils measures to promote index investments Chinese AI lab DeepSeek rattles Silicon Valley Japan’s core inflation rate surges to 16-month high of 3% in December

Most Read News



Cryptohopper
Market Cap
24h Vol
55.82%
Bitcoin Share
787
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.