Australia markets rebound as Hong Kong cancels morning session; China falls after Golden Week
Publishing timestamp: 2023-10-09 03:45:47
Summary
The article discusses the mixed performance of Asia-Pacific markets at the start of the week, with Chinese markets returning from a week-long holiday. It mentions upcoming inflation readings and trade data from China and India, as well as a monetary policy decision from Singapore's central bank. The article also discusses the performance of various markets, including Australia, Hong Kong, and mainland China. It mentions the positive reaction to stronger-than-expected U.S. jobs data and the views of Goldman Sachs' Asia-Pacific chief strategist on the fourth quarter for equities. The article also mentions the Israel-Hamas conflict and its impact on oil prices. It concludes with discussions on long-term investment decisions, the valuation of the Chinese market, and the performance of the utilities sector.
Sentiment: MIXED
Tickers: AES, @LCO.1, 6862-HK, .AXJO, .SPX, NEE, .IXIC, .KS11, .SZI, .SSEC, .DXY, XLU, @CL.1, .N225, .DJI, JPY=, US10Y, .HSI, ES, AUD=,
Keywords: australia, breaking news: asia, world markets, markets, usd/jpy, s&p/asx 200, wti crude (mar'23), kospi index, dxy us dollar currency index, prices, hang seng index, nikkei 225 index, ice brent crude (apr'23), breaking news: markets, shenzhen component index, business news, economic events, asia economy, shanghai, australian dollar/us dollar fx spot rate,
Source: https://www.cnbc.com/2023/10/09/asia-stock-markets-today-live-updates.html