Asian share markets were seen recording a one-month high on Thursday.

08.10.2020 - Petr Mazaylo
Asian share markets were seen recording a one-month high on Thursday.

Asian share markets had seen a one-month high on Thursday. This followed after investors’ sentiment grew on encouraging reports about stimulus in the United States, with markets now pricing in a Democratic victory for the upcoming presidential election in November.

MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 0.3%. The index had tallied its fourth consecutive month of earnings to a level last monitored in September. Meanwhile, Australia’s benchmark index S&P/ASX 200 recorded a 1.1% gain, hitting a one-month peak backed by a larger-than-expected fiscal stimulus.

Shares in New Zealand jumped after the country’s central bank weighed the implementation of negative interest rates and funding-for-lending schemes. Moreover, Japan’s benchmark index Nikkei was 0.5%

Risk assets advanced as central banks and governments from across the world injected continuous fiscal stimulus for virus-beaten economies.

Risk disclaimer "Market Solutions Ltd – Suite 305 Griffith Corporate Centre P.O. Box 1510 Beachmont, Kingstown, St Vincent and the Grenadines is a financial services institution outside the European Union Area, which is subject to the supervision of the IFMRRC Certificate 0395 AA V0128 Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. 70% of trading deals can be unprofitable. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of Market solutions Ltd and it is your responsibility to choose a company which is most suitable for your trading needs. By clicking continue you confirm that you have read, understood and agree to the risk disclosures, terms of service, cash policies, privacy policies and this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from or Market Solutions limited." Cookies notification: We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we assume that you are happy with it. Read more. Continue

Help with deposit?