China's stock market in focus: positive signs are spreading to East Asia and Australia

China's stock market in focus: positive signs are spreading to East Asia and Australia

According to a report by www.n-tv.de, positive signs dominate the stock markets in East Asia and Australia. The region's markets are following the US stock exchanges higher, which hit new record highs on Monday. Immediately after the central bank decision, the Nikkei rose by over 1 percent to its highest level in 34 years, but the index is currently only up 0.2 percent. The Hang Seng Index in Hong Kong is now leading the winners with an increase of 2.8 percent. The Kospi in Seoul rose by 0.5 percent, the S&P/ASX-200 in Sydney closed with a gain of 0.5 percent.

These positive developments could be the result of the confirmation of the Bank of Japan's ultra-loose monetary policy stance. However, many market participants believe that the BOJ will abandon this course in the early months of this year as inflation remains above the 2 percent target. The yen only fell temporarily against the dollar and is currently recovering. The dollar remained broadly unchanged at 147.95 yen.

Reports in Chinese state media about planned measures to halt the stock market sell-off are giving Hong Kong's Hang Seng index a boost. In Shanghai, however, prices are less positive because investors here are more skeptical.

These developments may have an impact on the global market, particularly the Asian and Australian markets. The confirmation of the Bank of Japan's monetary policy stance and the planned measures in China could strengthen investor confidence and lead to further positive developments on the stock markets. However, it is important to monitor the precise implementation of these measures and further developments in the region in order to make informed predictions.