Is asian market rising

19 August : Global markets and rebounding from huge losses caused by coronavirus pandemic. asian equities are mostly firm today after a strong wall street session in which s p 500 hit an all-time high both the s p 500 and nasdaq composite set records soon after opening bell in u.s following strong sales.

 growth reported by major u.s retailers including walmart calls and home depot the closely watched s p 500 topped an all-time peak reached in february this year the index has surged about 45 since then the market optimism was also buoyed by data showing an acceleration in u.s home buildings which were high in nearly four years last month signifying that the housing sector is emerging .

As one of the few areas of strength in an economy hit hard by the pandemic meanwhile australia's s p 200 rose just 0.1 percent in the early trade ,while south korea's cosp was up one percent japan's nikkai towed to five it slipped 0.2 percent nasdaq locked its 18th record closing high since.

 early june when it confirmed its recovery from the coronavare sl off yesterday's record was its 34th record close so far this year compared with 31 record closings highs in 2019 and 29 to 18. 

consumer discretionary rose the most among major s p sectors on strength in amazon while tech stocks provided another major support to the benchmark index u.s federal deserves intervention in financial markets to maintain liquidity in midst of coronavirus pandemic has weakened the dollar pushing risk assets to all-time highs,

 and reducing demand for safe havens minute strong fed's recent meeting are due today meanwhile may it may provide some insight into how central bank sees recovery fed has cut rates to near zero to bolster business through the pandemic dollar index meanwhile fell 0.551 percent with euro up 0.53 to 1192.

 japanese yen meanwhile strengthened 0.6 versus greenback 205 per dollar the benchmark 10-year treasury note it fell 1.8 basis points meanwhile gold is up more than one percent and it's back above two thousand dollar level reached.

 Early this month as dollar fell against a basket of major currencies worldwide for a fifth consecutive trading day so spot gold it was up 0.74 percent to 2000.19 an ounce u.s gold futures meanwhile settled up 0.7 percent.