Asia-Pacific stocks set to fall ahead of China inflation data

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Asia-Pacific markets are set to fall ahead of China’s inflation and trade data for the month of September.

China is slated to release inflation numbers early Friday. Analysts polled by Reuters expect the country's consumer price index to climb 0.2% year-on-year, compared to 0.1% in the previous reading.Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyIn Japan, the Nikkei 225 is poised for decline, with futures contract in Chicago at 32,385 and its counterpart in Osaka at 32,370 lower than its last close at 32,494.66.

Over the medium, Senyek believes the lagged effect of the Fed's rate hikes since March 2022 will eventually"spark economic disappointments, rising recession concerns and a downward EPS revision cycle in the months ahead," and that declining interest rates will be insufficient to offset the downward bias.A Zomato delivery driver in New Delhi, India.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Asia-Pacific stocks set to fall ahead of China inflation dataAsia-Pacific markets are set to fall ahead of China’s inflation and trade data for the month of September.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Asia-Pacific stocks set to rise ahead of key U.S. inflation dataAsia-Pacific markets are set to rise as investors look ahead to key U.S. consumer inflation data.
Source: CNBC - 🏆 12. / 72 Read more »

Asia-Pacific stocks rise ahead of key U.S. inflation dataAsia-Pacific markets rise as investors look ahead to key U.S. consumer inflation data.
Source: CNBC - 🏆 12. / 72 Read more »