TOKYO / SEOUL / LONDON (IT BOLTWISE) – Asian markets showed mixed developments on Thursday after major central banks announced their monetary policy decisions. While the US Federal Reserve lowered the key interest rate as expected, the Bank of Japan is sticking to its previous course. Market participants are eagerly awaiting the meeting between US President Donald Trump and Chinese leader Xi Jinping, which could defuse the trade dispute.
Today’s daily deals at Amazon! ˗ˋˏ$ˎˊ˗
The Asian financial markets reacted differently on Thursday to the latest monetary policy decisions by the major central banks. While the US Federal Reserve cut interest rates by 25 basis points, the Bank of Japan decided to leave its interest rate policy unchanged. These decisions led to mixed reactions on the region’s stock exchanges.
In Japan, the Nikkei 225 index rose slightly by 0.3 percent after the Bank of Japan kept its key interest rate stable despite high inflation. Two members of the board had proposed a rate increase, but the majority rejected it. The yen initially appreciated but fell back, indicating uncertainty about the BoJ’s future interest rate policy.
In China, indices were almost unchanged, with the Shanghai Composite falling 0.1 percent and the Hang Seng Index in Hong Kong rising 0.1 percent. Central Bank Governor Pan Gongsheng’s announcement that China’s central bank would resume trading in government bonds suggests possible stock market support from monetary easing.
South Korea’s Kospi index rose 0.5 percent, helped by a new trade deal between the United States and South Korea. The share price of Samsung Electronics, a heavyweight in the index, climbed 3.2 percent after a jump in profits in the third quarter. In Australia, however, the S&P/ASX 200 closed down 0.5 percent as hopes of interest rate cuts faded.
Market participants are now turning their attention to the upcoming meeting between US President Donald Trump and Chinese President Xi Jinping in South Korea. It is expected that this meeting could lead to a defusing of the trade dispute between the two countries, which would provide positive impetus for global markets.
*Order an Amazon credit card with no annual fee with a credit limit of 2,000 euros! a‿z
Bestseller No. 1 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 2 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 3 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 4 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 5 ᵃ⤻ᶻ “KI Gadgets”
Please send any additions and information to the editorial team by email to de-info[at]it-boltwise.de. Since we cannot rule out AI hallucinations, which rarely occur with AI-generated news and content, we ask you to contact us via email and inform us in the event of false statements or misinformation. Please don’t forget to include the article headline in the email: “Asian markets show mixed reactions to monetary policy decisions”.
The post Asian markets show mixed reactions to monetary policy decisions appeared first on Veritas News.
