Market Report - Asian Shares Gain as Dollar Peaks – Epoch Times Deutschland
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NTDTV Market Report - Asian Shares Gain as Dollar Peaks

Epoch Times Deutschland

28.01.2010

(NTDTV)
(NTDTV)

In today’s market report… Asian shares were up on hopes of upbeat earnings.

Gains in Asian exporters were sparked by the U.S. dollar's move to a 6-month peak, after the Federal Reserve appeared more confident of recovery. U.S. stock futures, meanwhile, rose after U.S. President Barack Obama appeared to take a more moderate stance towards banks in Wednesday’s State of the Union address.

In Asia, exporters like Japan's Honda Motor led gainers, ending a four-day losing streak and a 5-percent decline.

In Hong Kong, banks like China Construction and Bank of China recovered after a recent bruising.

And Taiwan stocks saw the best percentage gain in three months.

 

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