"Global Markets React to Mixed Asian Stock Performance and Reassuring Fed Comments"

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Source: CNBC
"Global Markets React to Mixed Asian Stock Performance and Reassuring Fed Comments"
Photo: CNBC
TL;DR

Japan stock indexes retreated from record highs, while China's dollar-denominated exports jumped 7.1% year on year, surpassing expectations. Shares of Chinese e-commerce company JD.com spiked over 8% after releasing better-than-expected fourth-quarter earnings and announcing a share buyback plan. Japan's yen strengthened against the U.S. dollar, reaching a one-month high, following reports of a 6.7% raise in full-time workers' pay. Goldman Sachs expressed positivity on Indian equities, bonds, and the rupee, while Australia saw a 2.6% decline in new owner-occupier home loans in January.

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