Asian Stock Market: Mostly downbeat on central bank moves, softer China data

during early Thursday. That said, the cautious mood ahead of important central bank announcements also weigh on the sentiment and the equities.

It should be noted that Japan’s trade deficit eased in November but fears of monetary policy tightening by the Bank of Japan seemed to have weighed on the markets in Tokyo. On a broader front, S&P 500 Futures remain directionless but the US 10-year Treasury bond yields probe a two-day downtrend near 3.50%. Further, the US two-year US bond yields also extend recovery from the monthly low while printing the first daily positive in three near 4.25%. consolidates recent losses around 103.90, up 0.30% intraday while bouncing off the six-month low amid a cautious mood.

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