Investors in Asia assessed Australia’s inflation numbers for April, with the weighted consumer price index rising above expectations at 3.6%.
Asia-Pacific markets traded mostly lower on Wednesday as investors assessed Australia's inflation numbers for April and awaited data from Japan.greater than the 3.4% gain forecast in a Reuters poll. The reading was also higher than the 3.5% reported for March.
Singtel pointed out that"there is no certainty that any transaction will arise from these discussions or that any definitive or binding agreement will be entered into pursuant to these discussions." Yields of 10-year JGBs have been on the uptrend ever since the BOJ dismantled its YCC policy in March, which had capped the upper limit of the bond yield at"around 1%."is dominating headlines once again after its earnings last week surpassed expectations on the back of the artificial intelligence boom.
They named a number of overweight-rated stocks to play their favorite AI themes, including four with over 50% upside potential.Nvidia "For a material move higher in the market by year end to be justified on the math, we think investors will need to start focusing on the outlook for 2025, where visibility still seems a bit limited," Calvasina added.Raging supercore inflation means investors can't rule out rate hikes this year, says chief economist
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Asia markets are mostly lower as investors assess comments from ECB officials, Aussie sales dataAustralia’s retail sales for April rose 0.1% month over month, while Japan’s services producer price index rose 2.8% year on year in April.
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Japan, Hong Kong stocks lead Asia markets lower; investors assess inflation dataJapan’s core inflation — which strips out fresh food and energy — eased to 2.2% from 2.6% in March, in line with expectations.
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Asia-Pacific markets trade mixed as investors parse slew of Japanese dataAsia-Pacific markets trade mixed Wednesday.
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Asia-Pacific markets mostly fall as investors assess key economic data from ChinaInvestors assessed a slew of data from China, including its urban unemployment rate, retail sales, and industrial production.
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Asia-Pacific markets mixed as investors assess key economic data from ChinaInvestors assessed a slew of data from China, including its urban unemployment rate, retail sales, and industrial production.
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Asia-Pacific markets mixed as investors await key economic data from ChinaInvestors will assess a slew of data from China, including its urban unemployment rate, retail sales, and industrial production
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