Asian stocks skittish amid mixed China cues; earnings, US CPI awaited

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Asian stocks skittish amid mixed China cues; earnings, US CPI awaited

Investing.com-- Most Asian stocks moved in a flat-to-low range on Monday, with Chinese markets markets logging sharp swings on mixed economic and policy cues, while investors turned cautious ahead of key U.S. inflation data this week.

But a rally in Chinese property stocks helped offset bigger losses, as Beijing signaled more support for the beleaguered sector. But a rally in property stocks helped limit losses in Chinese indexes, after several major Chinese cities relaxed restrictions on home buying over the past week.Regional markets were also bracing for earnings reports from several key companies this week.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

 

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