Asia markets mixed as investors await key U.S., China economic data
Publishing timestamp: 2024-02-29 02:23:36
Summary
Asia-Pacific stocks traded mixed as investors awaited U.S. inflation data. Hong Kong's Hang Seng index and China's CSI 300 closed higher. Walt Disney and Reliance are merging their Indian businesses. Malaysia's ringgit currency is expected to appreciate. India's economic growth is set to fall below 7%. Retail sales in Australia rebounded in January. Japan's manufacturing output declined in January. A fund manager that beat the S&P 500 for two years in a row named cheap stocks that could double. U.S. stocks ended Wednesday in the red. Bitcoin reached a fresh high of $64000 before turning lower.
Sentiment: MIXED
Tickers: JPY=, AUD=, .N225, LLY, .SSEC, @LCO.1, .DJI, .IXIC, DIS, RELIANCE-IN, .KS11, BTC.CM=, .SPX, .AXJO, .SZI, .HSI, MYR=, .DXY, @CL.1,
Keywords: nikkei 225 index, prices, reliance industries ltd, economic events, wti crude (mar'23), markets, asia economy, dxy us dollar currency index, australia, shanghai, world markets, s&p 500 index, breaking news: markets, s&p/asx 200, australian dollar/us dollar fx spot rate, usd/jpy, nasdaq composite, breaking news: asia, shenzhen component index, business news, hang seng index, walt disney co, dow jones industrial average, ice brent crude (apr'23), kospi index,
Source: https://www.cnbc.com/2024/02/29/asia-markets.html