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Asia markets mixed as investors digest Fed minutes; Bank of Korea holds rates - TL;DR CNBC

Asia markets mixed as investors digest Fed minutes; Bank of Korea holds rates

Publishing timestamp: 2023-02-22 21:11:34


Summary

Asia-Pacific markets were mixed on Thursday as investors digested minutes released by the U.S. Federal Reserve that showed members are still committed to fighting inflation with rate hikes. Qantas reported record profits for the period between June to December 2022, while South Korea's central bank kept its lending rate at 3.5%. BlackRock Investment Institute upgraded its view on Chinese stocks to overweight, while St. Louis Fed President James Bullard said he was confident that the central bank can reach its inflation goals this year.


Sentiment: MIXED

Tickers: .N225@LCO.1.DJICAPN-SGAUD=.SZI.SPX@CL.1.SSECJPY=.AXJO.HSINDAQ.KS11.DXYKRW=

Keywords: shenzhen component indexmarketsice brent crude (apr'23)kospi indexasia economys&p/asx 200singaporebusiness newsbreaking news: marketsdxy us dollar currency indexsouth koreabreaking news: asiaunited statesshanghaiusd/jpywti crude (mar'23)world marketsnikkei 225 indexaustralian dollar/us dollar fx spot ratehang seng index

Source: https://www.cnbc.com/2023/02/23/asia-pacific-markets-set-to-fall-as-investors-digest-fed-minutes.html


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