Asian Stock Market: China reopening, easy Fed bets underpin firmer sentiment amid Tokyo’s absence

rs. Even so, an absence of traders from Tokyo and a light calendar, as well as a cautious mood ahead of this week’s key inflation data, restrict the volatility during early Monday.

China’s reopening of the international borders after a three-year blockage bolstered optimism in Asia. Also favoring the Looking forward, a light calendar may allow the equity bulls to keep the reins but this week’s inflation data from the US, China and Japan are crucial for near-term direction.

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China's big consumer market isn't rebounding to pre-pandemic levels just yetFor the year ahead, Bain Partner Derek Deng said China's consumer spending likely wouldn't even return to 2021 levels due to macroeconomic developments.
Fuente: CNBC - 🏆 12. / 72 Leer más »