Asia markets rebound from Friday's sell-off; China leaves benchmark loan prime rates unchanged
Publishing timestamp: 2024-04-22 03:52:54
Summary
Asia-Pacific markets rebounded after Friday's sell-off due to fresh data points from China, Japan, and South Korea. Chinese EV makers cut prices, U.S. dollar expected to remain strong, Tesla slashed prices globally, Canadian gold explorer's shares could double, and global stock markets under pressure from geopolitical tensions and inflation. Big Tech stocks have been resilient in the market downturn.
Sentiment: MIXED
Tickers: JPY=, .DXY, XAU=, .KS11, .HSI, .SSEC, .DJI, .AXJO, NVDA, SMCI, .SPX, AXP, 2015-HK, AUD=, MU, BTC.CM=, .N225, @CL.1, .SZI, @LCO.1, TSLA, .IXIC, JBL,
Keywords: australian dollar/us dollar fx spot rate, breaking news: asia, prices, breaking news: markets, wti crude (mar'23), shenzhen component index, asia economy, business news, economic events, s&p/asx 200, markets, kospi index, shanghai, world markets, nikkei 225 index, hang seng index, australia, dxy us dollar currency index, ice brent crude (apr'23), usd/jpy,