Asian stock markets follow Wall Street’s footsteps, and rises Friday.
Yesterday’s statements from the Us president Donald Trump that he will announce something when it comes to the level of tax in the course of the next few weeks lift the mood.
- To lower the total tax burden on american business is “big league”…it comes very good. We are far ahead of schedule, I believe. And we’re going to advertise something, I would say within the next 2-3 weeks, that will be phenomenal with respect to the tax, said Trump, according to CNBC in a meeting with u.s. flyselskapstopper.
In Tokyo rose the Nikkei’s 2.5 percent to 19.378.93, while the broader Topix index la on 2.2 per cent to 1.546,56.
In the Shanghai rising Shanghai Composite index 0.5 percent, while large cap index CSI 300 is up 0.6 per cent.
the Hang Seng in Hong Kong climbed 0.6 per cent, the Kospi index in South Korea 0.5 per cent, while the Sydney stock exchange is up one percent.
After the decline of the last week, is the “Trump trade” suddenly back, type strategene in Macquarie according to CNBC in a note on Friday.
Figures from the chinese government showed earlier that trade balance in China a profit of 51,35 billion dollars in January 2017.
the Bloomberg consensus was at 48,5 billion dollars.
Exports rose 7.9 per cent on an annual basis, against the expected 3.2 per cent. Imports rose by 16.7 per cent, against the expected 10.0%.
China’s oljeimport came into the 34,03 million tonnes in January, down from 36,38 million tonnes in December.
Asia-the overview here.
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