News Formal

Japan stocks jump 2.5% to lead gains in Asia as traders assess U.S. inflation data, await BOJ meeting

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 59%

News Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The Bank of Japan will start its monetary policy meeting Tuesday, while inflation data will come out from South Korea and Australia.

The week ahead will see a slew of economic data from major Asian economies, including Japan, China and South Korea.

The Bank of Japan is expected to raise rates at its July 30 meeting, according to a Reuters poll of economists. Other key data due from the region includes China's July PMI, while Australia will release its latest set of inflation numbers before the central bank's Aug. 6 monetary policy meeting.leading gains in the region after a key U.S. inflation report late last Friday raised hopes for an interest rate cut.The Nikkei rose 2.74%, while the broad-based Topix was up 2.5%. Should the Nikkei manage to hold on to its gains, this would snap the index's eight-day losing streak.rose 0.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 319. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asia-Pacific markets mostly lower as Japan stocks pare gains after hitting fresh all-time highsThe Nikkei 225 could continue hitting all time highs, based off futures data.
La source: nbcsandiego - 🏆 524. / 51 Lire la suite »