Asian stocks follow Wall Street higher on bank news - News Summed Up

Asian stocks follow Wall Street higher on bank news


But they warn the market rise might be too fast and too early to be sustained by an uncertain economic outlook. Asian economies are wrapping up their worst quarter since the 2008 financial crisis. Forecasters expect a worse decline during the quarter that ends next week. Investors in the United States have been encouraged by official moves to lift anti-virus measures and allow businesses to reopen. Asian governments are due to report June trade, factory output and other indicators next week.


Source: Daily Sun June 25, 2020 20:15 UTC



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