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China shares rise after trade data; Japan real wages drop for 24th straight month - TL;DR CNBC

China shares rise after trade data; Japan real wages drop for 24th straight month

Publishing timestamp: 2024-05-09 22:13:16


Summary

China stocks rose as imports surged past estimates, Asia-Pacific market was mixed. Real wages in Japan fell, while U.S. markets extended winning streak. Bank of Japan could raise interest rates faster than expected. Copper prices are on the rise. Mitsubishi Motors and Toyota forecast lower earnings. UBS warns of potential risks in the market. Oil prices recovered after U.S. crude inventories fell. Boston Fed President Collins says it may take longer to reach inflation target.


Sentiment: MIXED

Tickers: JPY=.STOXX7211.T-JP.SZI@CL.1.DJI.KS11@LCO.1ARM7203.T-JP.IXIC.N225NVDA.AXJO.SSEC.DXYAUD=.HSI.SPX

Keywords: breaking news: asiaarm holdings plcdxy us dollar currency indexmarketsnasdaq compositekospi indexwti crude (mar'23)usd/jpypricesdow jones industrial averageaustralian dollar/us dollar fx spot ratenvidia corphang seng indexeconomic eventsaustraliaasia economyshenzhen component indexbreaking news: marketsshanghais&p/asx 200nikkei 225 indexworld marketsice brent crude (apr'23)business newss&p 500 index

Source: https://www.cnbc.com/2024/05/09/asia-markets.html


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