Yen strengthens on reports of new Bank of Japan governor; Asia markets fall: Live updates
Publishing timestamp: 2023-02-10 10:12:11
Summary
Asia-Pacific markets traded mostly lower with exception of Japan as yen pushed higher against both euro and U.S. dollar. China's inflation data came in lower than expected. In corporate earnings, Taiwan Semiconductor Manufacturing Company (TSMC) will release its monthly sales report later in day. Overnight in U.S., stocks closed lower Thursday. Bank of America has a rare 216% upside price target on a global fintech company. China's consumer prices rose 2.1% in January compared to year ago. Australia's central bank hinted at further interest rates hikes. Japan's wholesale prices rose 9.5% in January from previous year. Shares tied to K-pop industry popped at open, following Hybe's announcement to acquire shares of SM Entertainment. Japanese government is looking to present nominations for next Bank of Japan's governor. Fourth-quarter results for both Wynn Resorts and MGM Resort International show that Las Vegas is heating up. First-time filings for unemployment benefits rose more than expected
Sentiment: MIXED
Tickers: .AXJO, .KS11, .SZI, WYNN, .IXIC, 4911.T-JP, UNDEFINED, .N225, 7267.T-JP, AUD=, JPY=, .HSI, .SPX, 2330-TW, .DJI, MGM, ADANITRANS-IN, 7733.T-JP, @LCO.1, .SSEC, .DXY, MSCI, ACC-IN, ADANIENT-IN, TM, @CL.1,
Keywords: dxy us dollar currency index, japan, honda motor co ltd, osaka, shanghai, shiseido co ltd, wti crude (mar'23), economic events, breaking news: asia, south korea, hang seng index, chicago, s&p/asx 200, breaking news: markets, ice brent crude (apr'23), taiwan semiconductor manufacturing co ltd, world markets, australia, usd/jpy, shenzhen component index, olympus corp, markets, business news, kospi index, nikkei 225 index, asia economy, china, australian dollar/us dollar fx spot rate,
Source: https://www.cnbc.com/2023/02/10/asia-pacific-chinas-inflation.html