HomeAbout

TL;DR CNBC


China market leads gains in Asia as it extends 8-month highs after holding key lending rates steady - TL;DR CNBC

China market leads gains in Asia as it extends 8-month highs after holding key lending rates steady

Publishing timestamp: 2024-05-20 03:50:29


Summary

Asia-Pacific markets mostly rose, China kept loan prime rates unchanged, Japan's Nikkei 225 climbed, Taiwan's new president sworn in, Thailand's GDP beat expectations, Chinese property developers' stocks fell, Dow Jones hit another record close, UBS expects rate cuts, Wells Fargo predicts near-term choppiness in the market.


Sentiment: MIXED

Tickers: JPY=960-HK3380-HK.DXY884-HK.SZI.N225.AXJO.TWIINVDA@LCO.1ARM.SPXAUD=@DJ.1.HSI@CL.12202-HK.IXIC.KS11.SSEC.DJI

Keywords: s&p 500 indexbusiness newswti crude (mar'23)kospi indextaiwan weighted indexbreaking news: marketsasia economynasdaq compositeshanghaiworld marketsmarketsaustralianikkei 225 indexnvidia corpdow jones fut (mar'23)breaking news: asiadow jones industrial averages&p/asx 200ice brent crude (apr'23)shenzhen component indexeconomic eventspricesarm holdings plcaustralian dollar/us dollar fx spot ratedxy us dollar currency indexusd/jpyhang seng index

Source: https://www.cnbc.com/2024/05/20/asia-markets.html


Developed by Leo Phan