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Asian Stocks Reach Best In Over A Month

Video Credit: Wochit - Duration: 00:36s - Published < > Embed
Asian Stocks Reach Best In Over A Month

Asian Stocks Reach Best In Over A Month

TOKYO (Reuters) - Asian stocks inched up to five-week highs on Friday, after Chairman Jerome Powell reiterated the Federal Reserve will be patient about raising interest rates and news that trade talks between Washington and Beijing are moving to higher levels.

FILE PHOTO: Attendees take pictures of a stock quotation board after a ceremony marking the end of trading in 2018 at the Tokyo Stock Exchange (TSE) in Tokyo, Japan December 28, 2018.

REUTERS/Kim Kyung-Hoon As the Fedโ€™s dovish stance kept a lid on the dollar, Chinaโ€™s yuan rose to its highest levels in more than five months and was on course for its biggest weekly gains since the 2005 revaluation in onshore trade.

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