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Asia markets rise following Wall Street's gains, Tokyo inflation notches up - TL;DR CNBC

Asia markets rise following Wall Street's gains, Tokyo inflation notches up

Publishing timestamp: 2023-01-26 19:05:25


Summary

Stocks in Asia-Pacific traded higher on Friday as Wall Street's major indexes gained after U.S. economy grew more than expected. Tesla-led tech rally and strong orders for Tesla vehicles drove the market higher. Consumer prices in Japan's capital Tokyo rose by 4.3% in January, higher than expected. Bitcoin's prices remain in rally mode and are on pace for its best month since 2020. U.S. economy expanded at annualized pace of 2.9% in fourth quarter, slightly outperforming Dow Jones estimate of 2.8%.


Sentiment: POSITIVE

Tickers: .SSEC.N225AUD=JP10Y-JPTSLA.HSI.AXJO.DXYJPY=@LCO.1.SZI.KS11@CL.1

Keywords: chicagobreaking news: marketsmarketswti crude (mar'23)business newsaustraliaasia economyeconomic eventshang seng indexshanghaiworld marketsosakashenzhen component indexaustralian dollar/us dollar fx spot ratedxy us dollar currency indexbreaking news: asianikkei 225 indexusd/jpykospi indexs&p/asx 200ice brent crude (mar'23)

Source: https://www.cnbc.com/2023/01/27/asia-pacific-markets-wall-streets-gains.html


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