Nikkei at fresh 34-year highs; prices in China continue to fall; Alibaba slides after results
Publishing timestamp: 2024-02-08 02:47:00
Summary
The article discusses the performance of various Asian markets, including the Nikkei hitting a 34-year high, China's inflation data, and the Reserve Bank of India's rate decision. It also mentions the surge in SoftBank's stock after Arm's positive earnings report, the potential rise in Nintendo's stock price, and the recommendation to invest in certain European stocks. Additionally, it mentions the rise in Nvidia's stock price, the increase in oil prices due to the conflict in Gaza, and the comments made by Federal Reserve speakers about interest rates.
Sentiment: MIXED
Tickers: .N225, .IXIC, NVDA, .HSI, .SZI, .AXJO, @CL.1, 7974.T-JP, 9984.T-JP, BABA, BRK.A, AUD=, .SPX, .DJI, JPY=, .DXY, .KS11, .SSEC, @LCO.1,
Keywords: world markets, australian dollar/us dollar fx spot rate, breaking news: asia, prices, dxy us dollar currency index, usd/jpy, ice brent crude (apr'23), nikkei 225 index, asia economy, s&p/asx 200, wti crude (mar'23), economic events, shanghai, shenzhen component index, australia, business news, alibaba group holding ltd, hang seng index, breaking news: markets, kospi index, markets,