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=, .STOXX, 7211.T-JP, .SZI, @CL.1, .DJI, .KS11, @LCO.1, ARM, 7203.T-JP, .IXIC, .N225, NVDA, .AXJO, .SSEC, .DXY, AUD=, .HSI, .SPX,
Keywords: breaking news: asia, arm holdings plc, dxy us dollar currency index, markets, nasdaq composite, kospi index, wti crude (mar'23), usd/jpy, prices, dow jones industrial average, australian dollar/us dollar fx spot rate, nvidia corp, hang seng index, economic events, australia, asia economy, shenzhen component index, breaking news: markets, shanghai, s&p/asx 200, nikkei 225 index, world markets, ice brent crude (apr'23), business news, s&p 500 index,
Source: https://www.cnbc.com/2024/05/09/asia-markets.html