Asia markets kickstart data-heavy week on a strong note with Aussie stocks hitting record highs

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Singapore will release its inflation figures for October on Monday. Economists expect headline inflation at 1.8%, down from 2% in the prior month.

Asia-Pacific markets rose Monday, with investors awaiting a slew of economic data this week including China industrial data and India's third-quarter GDP numbers.

On Friday, the automaker also recalled over 145,000 electric vehicles in the U.S. due to a loss of drive power.rose 7.5% year on year in October to 5.8 billion New Zealand dollars , up from a revised September figure of NZ$4.91 billion.Separately, imports to the country also rose 3% to NZ$7.3 billion, compared to the revised figure of NZ$7.06 billion in September.

CNBC Pro spoke to Ollie Clark, deputy head of research at WH Ireland, and Mark Preskett, senior portfolio manager at Morningstar Wealth, about how investors with roughly $500,000 could look to allocate their portfolio.Recent choppiness shouldn't make investors question whether the market has strength into the end of 2024, according to Robert Schein, chief investment officer of Blanke Schein Wealth Management.

 

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Asia markets kickstart data-heavy week on strong note, with Aussie stocks hitting record highsSingapore will release its inflation figures for October on Monday. Economists expect headline inflation at 1.8%, down from 2% in the prior month.
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Asia markets mostly rise while China stocks falter; investors assess Japan inflation, Singapore GDP dataSingapore third-quarter GDP expanded 5.4% from a year ago, outpacing the revised 3.0% in the prior quarter.
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