Asia markets mostly higher ahead of central bank decisions, U.S. and China inflation data this week
Publishing timestamp: 2024-04-08 03:50:24
Summary
Asia-Pacific markets are up ahead of central bank decisions and inflation numbers from the U.S. and China. Various central banks are expected to hold rates steady, with the Bank of Korea possibly close to lowering rates. Stock markets in Japan, South Korea, Australia, and India are performing well. China announces a "re-loan" program to support tech enterprises. Chinese real estate firm Shimao faces a liquidation lawsuit. European markets are up year-to-date but investors are questioning further upside. U.S. crude and Brent enter a bullish chart pattern. S&P 500 traded higher on Friday but most sectors are on track to end the week with losses. March nonfarm payrolls in the U.S. were stronger than expected.
Sentiment: NEUTRAL
Tickers: .DXY, JSWSTEEL-IN, .SPX, .STOXX, @SP.1, .NSEI, .AXJO, .N225, 813-HK, .HSI, .SZI, .KS11, @LCO.1, @CL.1, .DJI, JPY=, TATASTEEL-IN, AUD=, .IXIC, .SSEC,
Keywords: australia, s&p 500 index, wti crude (mar'23), business news, dxy us dollar currency index, breaking news: asia, nikkei 225 index, ice brent crude (apr'23), australian dollar/us dollar fx spot rate, nasdaq composite, economic events, s&p 500 fut (mar'23), markets, kospi index, breaking news: markets, dow jones industrial average, shanghai, s&p/asx 200, asia economy, world markets, hang seng index, usd/jpy, shenzhen component index, prices,
Source: https://www.cnbc.com/2024/04/08/asia-markets-live-updates.html