Stocks in Asia Rise as Traders Await Economic Figures for Global Central Bank Policies
In Asia, stocks advanced as traders eagerly awaited a series of economic figures that will provide insights into the outlook for global central bank policies.
Asian Equity Gauge Up 0.8%
An Asian equity gauge saw a 0.8% rise, driven by gains across major indexes in the region.
Hang Seng Index and China’s Outperformance
The Hang Seng Index, Hong Kong’s benchmark index, extended its increase into a second consecutive day. China’s stocks also outperformed, with the Hang Seng China Enterprises Index rising over 2%.
European and US Shares on the Edge
Contracts for European and US shares showed a slight increase after the S&P 500 marked its first consecutive advance in August.
The anticipation of upcoming economic figures is driving the rise in stocks across Asia. Traders are closely monitoring these figures for clues on future global central bank policies.