Asia markets reverse earlier gains as traders assess key China data and look ahead to central bank decisions due this week
Publishing timestamp: 2024-12-16 02:30:19
Summary
Asia-Pacific markets were mostly down on Monday as investors awaited central bank decisions from Bank of Japan and People's Bank of China. Bitcoin hit new highs, while China's retail sales and real estate investment data showed mixed results. South Korean markets reacted to the impeachment of President Yoon Suk Yeol. Morgan Stanley identified companies set to benefit from Amazon's new AI chip, and Wall Street is optimistic but anticipates a turbulent market in 2025.
Sentiment: NEUTRAL
Tickers: .SZI, @CL.1, 960-HK, AUD=, .KS11, ARM, .HSI, .SSEC, UNDEFINED, .SPX, JPY=, @LCO.1, 123-HK, .IXIC, .DJI, .AXJO, 688-HK, AMZN, NVDA, .N225, .DXY,
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Source: https://www.cnbc.com/2024/12/16/asia-markets-live-boj-decision-china-lpr.html