The NZX 50 index experienced an uptick of 97 points, or 0.8%, reaching 11,934 in early trading on Wednesday. This movement partially recuperated losses from an over 2% decline seen in the previous session. The positive shift was in line with a surge on Wall Street Tuesday, prompted by U.S. Treasury Secretary Scott Bessent's comments anticipating an upcoming de-escalation in the ongoing tariff confrontation between the United States and China. Contributing to the optimistic market sentiment was robust trade performance in New Zealand for March, where export growth surpassed that of imports, resulting in a surplus that doubled year-on-year.
The material has been provided by InstaForex Company - www.instaforex.com
RobotFX
No comments:
Post a Comment