Global Market Report -April 24, 2018

Asia markets came to life on Tuesday as the dollar gained and Google results inspired global tech stocks

James Gard 24 April, 2018 | 11:03AM
Facebook Twitter LinkedIn


Markets in Asia-Pacific moved higher on Tuesday after a string of indifferent trading sessions and despite another lacklustre performance on Wall Street.

A drop in the 10-year US bond yield away from the 3% milestone also helped the case for equities, as did a strong performance for Google parent company Alphabet (GOOGL) after the US market closed.

Currency factors were a key dynamic today –the dollar moved up to nearly 109 yen, having hit a recent now over 104 at the end of last month. A near 1% move higher in Japan’s Nikkei 225 pushed the index comfortably above 22,000 points. But the best performing market in the region was China’s Shanghai Composite, which closed nearly 2% higher at 3,128 points. Hong Kong’s Hang Seng, which is sensitive to changes in tech sentiment, was also up over 1% on the day.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
3M Co182.42 USD0.00Rating
Alphabet Inc A2,835.38 USD0.00Rating Inc3,415.06 USD0.00Rating
BP PLC363.10 GBP0.00Rating
Coca-Cola Co54.63 USD0.00Rating
Facebook Inc A340.78 USD0.00Rating
Royal Dutch Shell PLC B23.00 CHF0.00
Verizon Communications Inc53.61 USD0.00Rating

About Author

James Gard  is content editor for