Moscow. October 16. Stock indices in the Asia-Pacific region (APR) are growing during trading on Friday following a rally on easing expectations for Federal reserve rate, which increased the capitalization of the world market at us $4.1 trillion in October.
Investors rejoice in each new signal that the U.S. Central Bank may delay tightening of loan costs for the next year, reports Bloomberg
The composite stock index MSCI Asia Pacific has risen on 16 October by 0.4%, it has been growing for the third week in a row, which was not observed since April, adding to last Friday’s 0.9%. Investments in the shares of China, Thailand and New Zealand now produce the best yield in the world.
The Japanese Nikkei 225 increased by 1%, the Australian S&P/ASX 200 is 0.7%.
China’s Shanghai Composite rose 0.7% on Friday and gained about 5% since the beginning of the week. Hong Kong’s Hang Seng was up 0.6%.
“The fed is likely not to change rates, and this will help to support the stock markets,” said Patersons Securities analyst Tony Farnham.
As it became known on Thursday, annual inflation in the U.S. in September was zero instead of an anticipated reduction, while prices excluding food and energy rose 1.9% versus the expected 1.8 percent.
The probability of increasing the cost of lending in the U.S. before the end of the current year, by estimations of traders, is less than 30% against 70% at the beginning of August.
Now the attention of market participants switched to data on the growth of China’s GDP for the third quarter, which will be released next Monday.