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Asia markets reverse earlier gains as traders assess key China data and look ahead to central bank decisions due this week - TL;DR CNBC

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.1960-HKAUD=.KS11ARM.HSI.SSECUNDEFINED.SPXJPY=@LCO.1123-HK.IXIC.DJI.AXJO688-HKAMZNNVDA.N225.DXY

Keywords: nasdaq compositeice brent crude (apr'23)kospi indexhang seng indexbreaking news: marketsshanghais&p 500 indexusd/jpyshenzhen component indexchinaeconomic eventss&p/asx 200dow jones industrial averagebusiness newsjapannvidia corpnikkei 225 indexwti crude (mar'23)breaking news: asiaarm holdings plcaustralian dollar/us dollar fx spot ratemarketsdxy us dollar currency indexworld marketspricesasia economyaustralia

Source: https://www.cnbc.com/2024/12/16/asia-markets-live-boj-decision-china-lpr.html


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