Asia markets slide as CSI 300 hits fresh four year lows; Hong Kong stocks drop to over 1-year low
Publishing timestamp: 2023-12-05 02:54:34
Summary
The article discusses the decline in Asia-Pacific markets as investors assess economic data from the region. It mentions inflation rates in South Korea and Japan, as well as the release of purchasing managers' index data for China, Hong Kong, and India. It also mentions the performance of major indexes in the US and the rally of bitcoin and gold. The article concludes with discussions on sectors and stocks that fund managers are bullish on, as well as the decline in oil prices despite production cuts announced by OPEC and its allies.
Sentiment: MIXED
Tickers: TTD, .IXIC, GIS, PANW, .HSI, SJM, AMD, .DJI, AUD=, JPY=, .KS11, MRVL, NFLX, .SPX, ILMN, NVDA, .DXY, .SSEC, .SZI, MU, META, GOOGL, .AXJO, .N225, SIRI, INTC, @CL.1, .NDX, @LCO.1, ZM, IDXX, EL,
Keywords: shenzhen component index, asia economy, prices, s&p/asx 200, ice brent crude (apr'23), dxy us dollar currency index, s&p 500 index, australian dollar/us dollar fx spot rate, australia, world markets, economic events, wti crude (mar'23), breaking news: asia, nasdaq composite, shanghai, dow jones industrial average, business news, nikkei 225 index, markets, kospi index, hang seng index, breaking news: markets, usd/jpy,
Source: https://www.cnbc.com/2023/12/05/asia-markets.html