Asian Stocks Extend Rally on Optimism for Global Growth Outlook

Asian stocks gained for a second day as Samsung Electronics Co. led a rally in technology companies, as investors focused on the global growth outlook.

The MSCI Asia Pacific Index climbed 0.5 percent to 175.53 as of 4:25 p.m. in Hong Kong. Benchmarks gained across the region except for Vietnam and the Philippines, where the key gauge slid the most on an intraday basis since November 2016, dragged down by SM Investments Corp. and Ayala Land Inc.

The Federal Reserve’s Beige Book report released Wednesday showed a solid outlook for the economy despite trade concerns. Energy shares including Cnooc Ltd., PetroChina Co. and Idemitsu Kosan Co. extended a rally after an industry report showed crude inventories fell, pushing up oil prices.

Source : Bloomberg

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Sumber : bpfnews.com

Asian Stocks Extend Rally on Optimism for Global Growth Outlook

Asian stocks gained for a second day as Samsung Electronics Co. led a rally in technology companies, as investors focused on the global growth outlook.

The MSCI Asia Pacific Index climbed 0.7 percent to 175.73 as of 11:05 a.m. in Hong Kong. Benchmarks gained across the region except for Vietnam and the Philippines, where the key gauge slid the most since November 2016 as SM Investments Corp. and Ayala Land Inc. tumbled.

The Federal ReserveA?a��a�?s Beige Book report released Wednesday showed a solid outlook for the economy despite trade concerns. Energy shares including Cnooc Ltd., PetroChina Co. and Idemitsu Kosan Co. extended a rally after an industry report showed crude inventories fell, pushing up oil prices.

Source : Bloomberg

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

U.S. stock futures teeter as global tensions persist, with big bank earnings ahead

U.S. stock futures swayed between small gains and losses on Friday, though remained on track for respectable weekly gains, as some caution set in. Investors were watching for developments in the U.S.-China trade spat and around the potential for U.S. military action against Syria.

Futures for the Dow Jones Industrial Average added 30 points, or 0.1%, to 24,487 while those for the S&P 500 rose 2.75 points to 2,666.75, a gain of less than 1%. Nasdaq-100 futures were off 9.5 points, or 0.1%, to 6,661.25.

Earnings season will kick off in earnest with major banks JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. due to deliver their first-quarter financial updates. As well, investors will get a consumer-sentiment update.

Source: Marketwatch

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Sumber : bpfnews.com

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