Asian stocks rose early on Thursday, cheered by a sizeable overnight rebound on Wall Street, while the dollar resumed its advance after upbeat economic data undercut safe-haven bids and pushed yields higher.
Tags: Asian stocks
Asia stocks fall as risk aversion prevails, dollar soars
Asian stocks fell to a two-month low on Wednesday as nervous markets recoiled on worries about an earlier U.S. interest rate hike, while such a prospect helped send the dollar to a 12-year high against the euro.
Dollar at 12-year peak on euro, emerging markets spooked
The U.S. dollar climbed to multi-year peaks against the euro and yen in Asia on Tuesday amid starkly diverging outlooks for interest rates globally, while currencies from emerging markets came under mounting pressure from risk aversion.
Asia stocks slip, euro hits 11-year low before ECB
Asian stocks slipped on Thursday after Wall Street continued to pull back from record highs ahead of Friday's closely-watched U.S. jobs data, while the nervous euro languished at an 11-year low prior to the European Central Bank's policy meeting.
Asian shares rise after Yellen stresses policy flexibility
Asian stocks rose on Wednesday, taking their cues from Wall Street's gains after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates.
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Asian shares held firm while the euro hit one-year lows on Tuesday as investors increasingly expect the European Central Bank to expand liquidity as soon as next week to boost the sagging euro zone economy.
An extended rally for the benchmark gauge this year had marked the increase in Asian stocks. Asian stocks had increased which marked an extended rally for the benchmark gauge this year.
Despite Beijing's stimulus package, Chinese stocks still fell Thursday. Despite China's stimulus measures geared towards strengthening its flagging economy, Asian stocks dipped this Thursday.
Bernanke speech and US retail sales sent most Asian stocks down. US retail sales, which were weaker than expected, caused most Asian stocks to drop Tuesday.
