Free Trial

Indices Higher Again


Equities in Asia have risen for the third consecutive session on Thursday, risk appetite boosted by expectations that Biden, now inaugurated as US President, will place a greater emphasis in pushing through fiscal stimulus, and in tackling the pandemic situation including faster vaccine roll outs.

  • In a familiar narrative this week the Hang Seng has posted gains, the index creeping over 30,000 for the first time since May 2019. In Taiwan the Taiex is the best performer after data yesterday showed exports saw record orders in 2021. Tech stocks are the outperformers again, TSMC, Tencent and SoftBank were standout performers.
  • US futures are higher, building on gains seen in the wake of Biden's inauguration yesterday.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.