Category Archive

Charmaine Jacob@in/charmainemariajacob@charmainemjacob

Key Points

• Asia-Pacific markets were mixed, after a choppy session overnight in the U.S. as investors awaited key inflation data.
• U.S. consumer price index for July, a key indicator of the health of the U.S. economy, will be released Wednesday.
• Over in Asia, investors assessed Japan’s producer price index data and Singapore’s second-quarter GDP growth numbers.

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Dylan Butts@in/dylan-b-7a451a107

Key Points

• Asia-Pacific markets are mostly higher on Monday after a roller-coaster week that saw steep sell-offs followed by a sharp recovery, especially in Japan stocks.
• Traders will assess inflation and industrial output data from India due later in the day.

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Lee Ying Shan@in/ying-shan-lee@LeeYingshan

Key Points

• Investors are parsing China’s consumer price index and producer price index for July.
• Overnight in the U.S., the S&P 500 advanced 2.3%, closing at 5,319.31 and posting its best day since November 2022.

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Dylan Butts@in/dylan-b-7a451a107 & Lim Hui Jie

Key Points

• Asia-Pacific markets were mostly higher on Thursday, breaking with losses on Wall Street.
• Asian investors assessed trade data from Japan and awaited interest rate decision from the Reserve Bank of India.

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Dylan Butts@in/dylan-b-7a451a107 & Lim Hui Jie

Key Points

• Asia-Pacific markets were up on Wednesday following a rebound of major indexes on Wall Street that broke a three-day stretch of losses.
• Traders in Asia assessed July trade balance data out of China as customs data showed that imports in July grew faster-than-expected, while exports missed forecasts.

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Lim Hui Jie

Key Points

• Heavyweight trading houses such as Mitsubishi, Mitsui and Co, Sumitomo and Marubeni all plunged more than 10%.
• The yen also strengthened to its highest level against the dollar since January, and was last trading at 143.40.

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Lim Hui Jie

Key Points

• Asian markets fall after Wall Street sell-off, with Japan’s Nikkei 225 leading losses.
• Some heavyweight stocks that fell include Softbank Group, which tumbled over 5%, while trading houses Mitsui and Marubeni saw losses of over 8% and 6%, respectively.

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Lim Hui Jie

Key Points

• Asian markets assess business activity readings from across the region, including the Caixin purchasing managers index from China.
• Investors will also be assessing the impact of comments from Fed Chair Jerome Powell, who said that a rate cut in September is “on the table,” provided the inflation data continues to be encouraging.

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Lim Hui Jie

Key Points

• Japan’s Nikkei 225 rose as the country’s central bank raised benchmark interest rates to around 0.25%.
• This marks the first time since December 2008 that Japan’s benchmark interest rate stands higher than 0.1%.

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Lim Hui Jie

Key Points

• The Bank of Japan’s two-day monetary policy meeting kicks off Tuesday as traders for details on benchmark interest rates and the bond buying program.
• Other economic data out from Japan on Tuesday include its unemployment rate for July.

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