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Hopes of climaxing Coronavirus epidemic have boosted Asian equity markets. “Signs of a high point in the outbreak, or at least a slowdown in some regions, are driving talks toward Relaxation of restrictions“JPMorgan analysts wrote in a statement.
Investor sentiment remains cautious on Chinese trade data and corporate earnings as investors have global recession are worried all eyes are up China trade data: Many analysts assume that China’s economy, the second largest in the world, contracted sharply for the first time since 1992 in the March quarter. China released its first-quarter gross domestic product data on April 17.
He Tokyo Stock Exchange appears stronger at first. The 225 values Nikkei Index was 2.2 percent higher in the course 19,464 points. Topix’s broader index rose 1 percent to 1,419 points. The Shanghai stock exchange rose 0.6 percent. The index for the top companies in Shanghai and Shenzhen gained 0.8 percent. The MSCI index for Asian stocks outside of Japan fell 0.1 percent.
Lost Asian currency exchange Dollars 0.2 percent 107.59 yen and fell 0.1 percent to 7.0428 yuan. The Swiss currency was 0.3 percent lower at CHF 0.9645. At the same time, the euro rose 0.3 percent to $ 1.0940 and barely changed to CHF 1.0555. The British pound gained 0.4 percent to $ 1.2554.
