Asia markets mixed as Japan reportedly announces nomination of Ueda as next central bank chief
Publishing timestamp: 2023-02-13 22:11:50
Summary
Asia-Pacific markets traded mixed on Tuesday as Japan reportedly announced its nomination of Kazuo Ueda as new Bank of Japan governor. Following the announcement, the Nikkei 225 and Topix rose, while the Japanese yen strengthened. In Australia, the S&P/ASX 200 rose as investors digested results of National Australia Bank's business confidence survey. On Wall Street, major indexes closed higher, regaining their footing after S&P 500 and Nasdaq Composite suffered their worst weekly declines in nearly two months. Morgan Stanley and Goldman Sachs have both issued "buy" calls on a Chinese tech giant, while Credit Suisse is forecasting overall fourth-quarter EPS estimates to have contracted by 2.2%. Federal Reserve Governor Michelle Bowman expects interest rates to continue to rise until the central bank makes more progress against inflation.
Sentiment: NEUTRAL
Tickers: .HSI, @LCO.1, .SSEC, AUD=, JP10Y-JP, .IXIC, .KS11, .DXY, @CL.1, JPY=, .SZI, .AXJO, .DJI, .SPX, .N225,
Keywords: asia economy, south korea, markets, breaking news: asia, dxy us dollar currency index, shenzhen component index, united states, nikkei 225 index, s&p/asx 200, kospi index, usd/jpy, shanghai, world markets, economic events, wti crude (mar'23), australia, business news, japan 10 year treasury, ice brent crude (apr'23), breaking news: markets, australian dollar/us dollar fx spot rate, hang seng index, jerome powell, japan,
Source: https://www.cnbc.com/2023/02/14/asia-markets-us-inflation-report.html