Hong Kong shares surge 2% to lead gains in Asia markets; China posts mixed economic data
Publishing timestamp: 2023-12-15 02:59:03
Summary
The article discusses the rally in Asia-Pacific markets, led by Hong Kong, following the U.S. Federal Reserve's decision to hold rates and lay out a roadmap for cuts in 2024 and beyond. It also mentions China's November economic data, which showed a strong industrial output expansion but underwhelming retail sales growth. The article discusses the potential for rate cuts by the Federal Reserve and the impact on Asian economies. It also mentions the performance of specific companies and indices, as well as other global economic factors such as the weakening dollar and oil prices.
Sentiment: MIXED
Tickers: AUD=, 960-HK, .AXJO, JPY=, .KS11, .SZI, NFLX, @CL.1, 9618-HK, AAPL, 6862-HK, MSFT, .IXIC, .DJI, .HSI, GOOGL, .SPX, .SSEC, .N225, .DXY, AMZN, META, @LCO.1,
Keywords: markets, world markets, breaking news: asia, breaking news: markets, business news, prices, ice brent crude (apr'23), shenzhen component index, asia economy, s&p/asx 200, australian dollar/us dollar fx spot rate, economic events, dxy us dollar currency index, hang seng index, nikkei 225 index, australia, wti crude (mar'23), usd/jpy, kospi index, shanghai,