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Asia markets are mostly lower as investors assess comments from ECB officials, Aussie sales data - TL;DR CNBC

Asia markets are mostly lower as investors assess comments from ECB officials, Aussie sales data

Publishing timestamp: 2024-05-28 03:51:45


Summary

Asia-Pacific markets were mostly lower as investors assessed comments from ECB officials signaling rate cuts may be on horizon. U.S. markets are set to open after Memorial Day, with futures rising. Adani Group is looking to expand into India's e-commerce and payments space. Hybe is reportedly selling part of its stake in SM Entertainment. Super Micro Computer's shares have been volatile after being a hot AI play earlier this year. Citi names stocks to play the evolving semiconductor industry theme.


Sentiment: MIXED

Tickers: .DXY@CL.1.SZIADANIENT-INARMGOOGL@LCO.1AUD=JPY=SMCI.HSI.SPX.SSEC.AXJO.DJI.IXICNVDARELIANCE-IN.N225.KS11

Keywords: breaking news: asiawti crude (mar'23)pricesshanghaibusiness newseconomic eventss&p/asx 200s&p 500 indexshenzhen component indexusd/jpyhang seng indexice brent crude (apr'23)kospi indexnikkei 225 indexaustralian dollar/us dollar fx spot ratearm holdings plcaustralianasdaq compositebreaking news: marketsdow jones industrial averagenvidia corpmarketsworld marketsasia economydxy us dollar currency index

Source: https://www.cnbc.com/2024/05/28/asia-markets-mostly-poised-to-extend-gains-as-europe-signals-rate-cut-possibility-australia-retail-sales-on-deck.html


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