Overseas Trading: Stimulus Hopes Boost Asian Stocks

China's Communist Party issued stern warnings against short sellers and speculators in a show of support for the stock market

Jan 25, 2016 at 8:27 AM
facebook twitter linkedin


Stocks in Asia maintained their positive momentum from last Friday, amid rising expectations of additional stimulus measures -- perhaps as early as this Friday, when the Bank of Japan is set to issue a decision on monetary policy -- and an overnight bounce in crude futures. Specifically, Tokyo's Nikkei muscled 0.9% higher, boosted by huge gains at Japan Tobacco. South Korea's Kospi and Hong Kong's Hang Seng added 0.7% and 1.4%, respectively. Rounding things out, China's Shanghai Composite popped 0.8%, as a pair of government-controlled publications warned speculators and short sellers that they will "suffer huge losses" and "possibly severe legal consequences."

European markets are mixed at midday following a reversal in oil prices. Germany's DAX was last seen up 0.01%, boosted by an upwardly revised profit forecast for tech titan Wincor Nixdorf. Elsewhere, London's FTSE 100 is 0.07% higher and the French CAC 40 is off 0.06%.


160125overseas

Sign up now for Schaeffer's Market Recap to get all the day's big stock movers, must-know technical  levels, and top economic stories straight to your inbox.

 

Stop leaving money on the table with the same old broken options trading approach...

There is no options strategy that more perfectly capitalizes during earnings season better than this simple call and put buying strategy. Perfect for aggressive traders looking to recover their suffering portfolios so far in 2022. With the simplest possible options strategy, Schaeffer's team with 100+ years of options trading excellence, target 200% gains on every single trade. So many trades are being beaten down by the market, but don't be one of them! Don't waste another second... join us right now before the next trade is released! 

 
Schaeffer's Daily Bulletin Offer
 


 


 
Special Offers from Schaeffer's Trading Partners