Asian shares rise as focus shifts to earnings from U.S. tech giants, dollar pressures yen to 34-year lows

Published: 23 April 2024 at 01:31

Asian shares gained momentum from Wall Street, with a focus on upcoming earnings reports from major U.S. tech companies. The Japanese yen hit fresh 34-year lows due to a strong dollar. Taiwanese and Hong Kong shares advanced, while Japanese shares edged up. Tech shares in the region performed well, except for Chinese stocks which fell. U.S. tech giants like Tesla, Meta Platforms, Alphabet, and Microsoft are set to announce their earnings this week. Market volatility is expected amidst uncertainties around the Fed's actions and geopolitical tensions in the Middle East.

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