Investor attention was on a range of factors on Thursday with trade numbers, tech bets and policy tweaks all coming into play
Mixed cues from US Fed chiefs on their interest rate plans, bets on BoJ intervention to prop up a sliding yen and China’s real estate woes all weighed on investors
Shares across Asia rallied to their highest since the beginning of last year while Japan’s yen continued its recovery
The US Fed ruled out more rate hikes but also dismissed the chances of cuts any time soon, while Japan’s yen rallied pressuring equities
All eyes were on the US Fed, as it concludes its two-day meeting, looking for clues on its interest rate plans
Investors were in subdued mood ahead key data releases and the latest Fed meeting while the yen saw a turnaround in its fortunes
Investor mood was upbeat after Beijing moved to help its crisis-hit real estate sector, lifting hopes of more stimulus for the world’s No2 economy
Google-owner Alphabet and Microsoft posted better-than-expected quarterly results while big funds upgraded their outlook for Chinese stocks
Technology stocks took a hot across the region after Facebook owner Meta predicted lower-than-expected quarterly revenue
Investors were in optimistic mood on Wednesday as technology shares led the charge amid easing concerns over conflict in the Middle East
Investor attention shifted to US tech giants and their imminent earnings reports though Middle East tensions still weighed
Israel and Iran both backed off after their missile exchanges last week, calming the mood on the region’s trading floors