Asia markets mixed as investors parse through Japanese auto earnings

Investors in the region will parse through earnings reports including those of Japanese giants Toyota and Mitsubishi, as well as Singapore's UOB.

The trading action could be a reminder that Chinese stock rallies have proved hard to sustain in the past. Other helpful signs for the market include credit spreads that have narrowed, the VIX Volatility Index returning"to its pre-correction levels," bank stock indexes at their highest since late March and consumer discretionary stocks doing better relative to consumer staples companies.Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, speaks during an interview with Reuters in New York City, New York, May 22, 2023.

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Asia markets set for mixed open as investors parse through Japanese auto earningsInvestors will be looking to earnings from Toyota and Mitsubishi, as well as Singapore’s UOB.
Source: NBCLA - 🏆 319. / 59 Read more »

Japanese yen strengthens after touching 160 to the dollar; Asia stocks rise as Fed meeting loomsThe Japanese yen touched 160 against the U.S. dollar, while investors awaited Japan’s industrial production and retail sales data from March later in the…
Source: NBCNewYork - 🏆 270. / 63 Read more »