Asian Stock Market: US debt-ceiling optimism travels Asia, Japan CPI accelerates

rength in Asia. US equities recorded back-to-back bullish settlements as investors are confident that the US Treasury won't’ default either by a bipartisan between the White House and Republican leaders or the exercise of the 14At the press time, Japan’s Nikkei jumped 0.73%, SZSE Component gained 0.51%, Hang Seng plunged 1.21% and Nifty50 dropped 0.31%.

Japanese stocks have driven Asian markets higher as the Bank of Japan is anticipated to remain ultra-dovish despite an acceleration in inflationary figures. National headline Consumer Price Index jumped to 3.5% from the prior release of 3.2% while the street was anticipating a deceleration to 2.5%. Core CPI that doesn’t include food and energy prices accelerated to 4.1% vs. the consensus of 3.4% and the former release of 3.8%.

Chinese equities are expected to remain on tenterhooks ahead of the interest rate decision by the People’s Bank of China , which is scheduled for next week. The PBoC is expected to remain expansionary as the Chinese economy is on track to recovery after a long period of lockdown due to pandemic controls.

Meanwhile, China’s President Xi Jinping said on Friday, “The country will expand trade facilitation measures and strengthen bilateral investment treaties with Central Asian countries.” He further added Central Asia has the basis, conditions, and ability to become an important hub for Eurasian connectivity.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stock market news today: Debt ceiling showdown outweighs tech rallyUS stocks trade lower as debt ceiling showdown outweighs strength in mega-cap tech
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Stock market today: Global stocks trade mixed amid worries about China, US economiesGlobal shares were trading mixed Wednesday as Japan’s benchmark jumped on the news of solid economic growth data, while the rest of Asia was mired in uncertainty.
출처: wjxt4 - 🏆 246. / 63 더 많은 것을 읽으십시오 »

This casino stock can jump 30% as Macao market recovers despite macro headwinds, Barclays saysThis casino giant stock can continue to benefit from a recovery in Macao despite worries over a worsening macroeconomic environment, Barclays says.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

5 things to know before the stock market opens WednesdayHere are the most important news items that investors need to start their trading day.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Russia Steals Oil Market Share in Asia From Energy AlliesRussia is finding oil customers in Asia to replace sanctions-blocked European buyers — by clawing away at the market share of its energy allies.
출처: BloombergNRG - 🏆 232. / 63 더 많은 것을 읽으십시오 »