From Nasdaq: 2024-05-12 23:16:07

Asian stock markets are mostly trading higher on renewed optimism about interest rates and cautious ahead of U.S. inflation data. Australian market is slightly lower with technology and financial stocks, while the Japanese market is higher with gains in heavyweights and financial stocks. Major miners and oil stocks in Australia are mixed, while tech stocks and gold miners are also experiencing variation. Shares in Lendlease are down after a tax bill, and ANZ Banking is being investigated. In Japan, major exporters, tech, and banking sectors are also experiencing gains and losses. Economic news in Japan reflects changes in money stock. US dollar is trading in a higher 155 yen-range. Other markets in Asia are mixed while Wall Street and major European markets moved higher. Crude oil prices fell on concerns about economic growth and interest rates.



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