Asia markets mixed as investors assess Australia and Japan data; investors await U.S. inflation data
Publishing timestamp: 2024-04-09 03:42:40
Summary
Asia-Pacific markets were mixed as investors assessed consumer confidence data from Japan and awaited U.S. inflation numbers. Japan's consumer confidence rose, while Australia's business conditions and confidence remained below average. South Korea's Kospi fell, Hong Kong's Hang Seng index was up, and Australia's S&P/ASX 200 rebounded. South Korean hotel group Shilla Hotels CEO sold Samsung Electronics shares, Hyundai and Kia signed a deal with Indian battery company, and U.S. government plans to offer subsidies to Samsung Electronics. UBS predicts fast growth in the data center sector, Morningstar warns of overvalued chip stocks, and energy sector outperforms the broader market. Treasury Secretary Janet Yellen mentioned the possibility of tariffs on China's green energy exports.
Sentiment: MIXED
Tickers: .SSEC, FANG, @CL.1, MPC, COP, HYU-FF, .N225, PSX, .SZI, .DXY, .AXJO, .KS11, XOM, .DJI, JPY=, VLO, US10YTIP, .IXIC, @LCO.1, AUD=, .SPX, .HSI,
Keywords: dxy us dollar currency index, nikkei 225 index, s&p/asx 200, s&p 500 index, prices, australia, wti crude (mar'23), usd/jpy, breaking news: asia, hang seng index, world markets, kospi index, ice brent crude (apr'23), dow jones industrial average, shenzhen component index, markets, breaking news: markets, business news, economic events, u.s. 10 year tips, nasdaq composite, australian dollar/us dollar fx spot rate, asia economy, shanghai,
Source: https://www.cnbc.com/2024/04/09/asia-markets-us-treasury-yields.html