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

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

News Notícia

Brasil Últimas Notícias,Brasil Manchetes

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 2.26%, while the broad-based Topix was up 2.02%. Should the Nikkei manage to hold on to its gains, this would snap the index's eight-day losing streak.rose 0.

Friday's moves stem from a combination of oversold sentiment, a stronger-than-expected GDP report Thursday and the view that the Federal Reserve will begin cutting rates, said CFRA Research's Sam Stovall.Bill Ackman's IPO of Pershing Square closed-end fund is delayed, NYSE says

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 524. in BR

Brasil Últimas Notícias, Brasil Manchetes