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Asian Stocks Kick Off Big BOJ, Fed Week With Gains
Asian shares tracked gains on Wall Street to rise on Monday, heading into a week of major central bank decisions and big tech earnings releases. Stocks rose in Australia, Japan, Hong Kong and South Korea. The upbeat tone came after US equities increased Friday amid bets that looming interest rate cuts will help fuel corporate earnings. US stock futures gained Monday. Monetary policy decisions in Japan, the US and the UK are in focus this week after global markets were ravaged last week by a rally in the yen on bets the Bank of Japan may hike its key rate. A raft of earnings including Apple Inc., Amazon.com Inc and ... (full story)