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Asia markets mixed as investors weigh Yellen's remarks on banks; Japan core inflation slows - TL;DR CNBC

Asia markets mixed as investors weigh Yellen's remarks on banks; Japan core inflation slows

Publishing timestamp: 2023-03-24 02:17:54


Summary

Asia-Pacific markets were mixed as investors weighed remarks from U.S. Treasury Secretary Janet Yellen. Hang Seng index led losses in the region, while the tech-heavy Nasdaq Composite led gains in the US. Hong Kong Exchanges and Clearing announced eased listing rules for "specialist tech firms." TikTok's CEO failed to curb US concerns over the Chinese short-video app's links to China during a hearing in Congress. Australia-listed shares of payment firm Block plunged nearly 20% after Hindenburg Research announced that the payment company was its latest short position. Japan's factory activity for March has risen slightly, but still remained in contraction territory for the fifth straight month.


Sentiment: NEUTRAL

Tickers: .N225,  .SSEC,  NDAQ,  .HSI,  SBNY,  JPY=,  388-HK,  .AXJO,  .SPX,  ZIP-AU,  .DXY,  .KS11,  @LCO.1,  @CL.1,  .SZI,  AUD=,  .DJI, 

Keywords: dxy us dollar currency index,  australian dollar/us dollar fx spot rate,  shenzhen component index,  asia economy,  wti crude (mar'23),  japan,  markets,  business news,  s&p/asx 200,  signature bank,  united states,  ice brent crude (apr'23),  australia,  kospi index,  hang seng index,  breaking news: asia,  breaking news: markets,  nikkei 225 index,  usd/jpy,  janet yellen,  world markets,  shanghai, 

Source: https://www.cnbc.com/2023/03/24/asia-markets-fall-over-yellen-remarks-on-banks-japan-core-inflation-slows-.html


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