Asian Stock Market: Traces sluggish S&P 500 Futures to flash mixed signals, yields retreat

Asia-Pacific equities trade mixed amid lackluster markets ahead of China, US inflation.

While portraying the mood, MSCI’s index of Asia-Pacific shares outside Japan rises 0.24% as it grinds near the seven-month high. On the same line, Japan’sIt’s worth noting that the Chinese Securities Journal fuelled speculations that the People’s Bank of China will adhere to rate cuts in 2023, which in turn allowed shares in China and Hong Kong, as well as in Australia, to remain firmer.

It should be observed that the global central bank policymakers’ hesitance in providing any major monetary policy signal at the Riksbank event, which took place on Tuesday, joined mixed US data to underpin cautious optimism on a broader front. While portraying the same, US 10-year Treasury bond yields retreat to 3.58% after rising 10 basis points to 3.61% the previous day. On the same line, the upbeat Wall Street closing helps S&P 500 Futures to print mild gains around 3,945.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian Stock Market: China reopening, easy Fed bets underpin firmer sentiment amid Tokyo’s absenceAsian Stock Market: China reopening, easy Fed bets underpin firmer sentiment amid Tokyo’s absence – by anilpanchal7 Asia RiskAppetite China Fed Equities
Source: FXStreetNews - 🏆 14. / 72 Read more »

Nancy Pelosi's portfolio plunged 20% in 2022 stock market crash'Queen of Stonks' Nancy Pelosi's portfolio of stocks plunged 20% last year – meaning she even underperformed funds that track the struggling S&P 500 Is this true unusual_whales Ugly a f HouseOfCards
Source: BusinessInsider - 🏆 729. / 51 Read more »

5 things to know before the stock market opens MondayHere are the most important news items that investors need to start their trading day. With the Fed slowing rate hikes now Markets will rise and a return of inflation will cause them to raise more aggressively later this year. It’s death by a thousand cuts later. What a mess
Source: CNBC - 🏆 12. / 72 Read more »

Stock market outlook: First week of gains suggest more than 20% upsideGains in the first week of 2023 suggest stocks could see at least 20% upside through this year, Fundstrat says
Source: BusinessInsider - 🏆 729. / 51 Read more »