Asian Stock Market: Trades mixed ahead of the BoJ, Fed meetings next week

The Bank of Japan's is expected to maintain a dovish policy stance in its next meeting.Asian stock markets trade mixed on Friday. The KOSPI Index posted a modest loss of 0.05%, while the NIFTY 50 fell 0.77%.

Additionally, Japan’s surprise Trade Surplus for the first time since July 2021. The Finance Ministry said on Thursday that the Japanese trade surplus came to ¥43 billion. Market consensus hada ¥46.7 billion deficit. The value of exports rose 1.5%, led by shipments of automobiles and construction equipment. Imports fell 12.9% due to substantial declines in the value of fuel shipments into Japan.

Chinese President Xi Jinping have a meeting with Henry Kissinger in China's capital on Thursday, amid efforts by Beijing and Washington to mend frayed ties. Market players will keep an eye on the development between the world’s two largest economies. In the absence of any top-tier data releases on Friday. Market participants await announcements from next week's Federal Open Market Committee's monetary policy meeting. Market participants will focus on the Bank of Japan interest rate decision, European Central Bank's decision, and the Federal Reserve's decision next week. Also, the headlines surrounding Sino-US relations will be in focus.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Asian Stock Market: Trades mixed as investors digest the dataAsian stock markets trades mixed on Wednesday as investors digest better-than-expected results from Wall Street. The risk appetite improves on the outp
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »

Asian Stock Market: Japan’s Surprise Trade Surplus; PBoC holds rate unchangedAsian stock markets trade mixed on Thursday as investors digest the economic data in the region. The KOSPI Index posted a modest loss of 0.20%, while
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »

Stock market outlook: Deflation to hit earnings, stock pricesDisinflation will shift to deflation, hitting earnings and sending stocks lower, Morgan Stanley CIO says
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Stock Market News: US stocks edge higher ahead of tech earningsUS stocks edge higher as traders hope to keep win streak alive ahead of Big Tech earnings
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »