
Asia Stocks Fall But Are Set For Weekly Gains Due to Dovish Fed Signals
Most Asian markets fell on Friday due to a surge in COVID-19 cases in China, but they were poised for weekly gains due to dovish Fed indications.
Most Asian markets fell on Friday due to a surge in COVID-19 cases in China, but they were poised for weekly gains due to dovish Fed indications.
According to Bloomberg News, China Evergrande Group plans to present a restructuring proposal in the first week of December.
Investors awaited the German business optimism index and ECB minutes on Thursday.
After Thursday’s market closing, the Gas & Water, Pharmaceutical Industry, and Insurance sectors led the increase in Japan’s stock market.
WWD reported late Tuesday that Gucci design director Alessandro Michele is leaving (EPA:PRTP).