Asian stocks waver on China deflation worries, mixed Japan earnings

Россия Новости Новости

Asian stocks waver on China deflation worries, mixed Japan earnings
Россия Последние новости,Россия Последние новости

Asian shares traded cautiously on Thursday as investors fretted about growing deflationary pressures in China and a mixed bag of Japanese earnings, while a standoff over the U.S. debt ceiling overshadowed a meeting of G7 finance leaders.

  • 📰 Reuters
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

The outlook for Europe looked somewhat more upbeat, however, with pan-region Euro Stoxx 50 futures rising 0.26%, German DAX futures up 0.2% and FTSE futures up 0.17%.In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan

was down 0.1%, reversing gains in the morning session, as fresh worries about weak demand in China weighed on sentiment. China's consumer prices rose at a slower pace and missed expectations in April, while factory gate deflation deepened, official data showed on Thursday, suggesting more stimulus may be needed to boost a patchy post-COVID economic recovery.The consumer price index in April rose 0.1% year-on-year, the lowest rate since February 2021, while the producer price index fell at the fastest clip since May 2020, declining 3.6% year-on-year.

"Looking ahead, in year-over-year terms, we expect headline CPI inflation to accelerate modestly on continued economic recovery and PPI deflation to persist in the coming months," Goldman Sachs analysts said in a note.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

Reuters /  🏆 2. in RU
 

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Asian Stock Market: Uncertainty persist as investors await US Inflation, oil corrects to near $73.00Asian Stock Market: Uncertainty persist as investors await US Inflation, oil corrects to near $73.00Asian Stock Market: Uncertainty persist as investors await US Inflation, oil corrects to near $73.00 – by Sagar_Dua24 Asia Nikkei BOJ Inflation Oil
Прочитайте больше »



Render Time: 2025-01-17 07:27:30