Chinese stocks up 2% after central bank leaves rates unchanged; Asia markets rise
Publishing timestamp: 2023-02-20 02:36:06
Summary
Asia-Pacific markets were mostly higher on Monday, with the CSI 300 and Hang Seng index leading gains in the region. People's Bank of China left its 1-year and 5-year prime loan rates unchanged, while Malaysia recorded a trade surplus for its 33rd straight month in January. Defense stocks in Japan and South Korea are trading mixed after North Korea launched two short-range ballistic missiles off its east coast. The US Federal Open Market Committee will release minutes for its latest meeting later in the week, while China will release its 1-year and 5-year loan prime rates for February. Goldman Sachs has identified stocks to play the clean hydrogen "revolution" and Federal Reserve Governor Michelle Bowman said there's still much work to be done before policymakers can feel they have inflation under control.
Sentiment: NEUTRAL
Tickers: .KS11, .IXIC, 4274.T-JP, US10Y, @CL.1, AUD=, .SPX, .N225, 7011.T-JP, .HSI, .AXJO, @TU.1, 7012.T-JP, JPY=, .DJI, @LCO.1, DIDIY, MYR=, .SZI, .DXY, .NZ50, .SSEC,
Keywords: nikkei 225 index, shenzhen component index, hang seng index, markets, ice brent crude (apr'23), shenzhen, world markets, australia, business news, economic events, s&p/asx 200, japan, u.s. 10 year treasury, asia economy, united states, breaking news: markets, dxy us dollar currency index, australian dollar/us dollar fx spot rate, south korea, shanghai, 2-yr notes (mar'23), wti crude (mar'23), breaking news: asia, kospi index, usd/jpy,
Source: https://www.cnbc.com/2023/02/20/asia-markets.html