Asia market update: JP equities lead while KR majors’ Q4 prelim profits underperform; Tokyo CPI in-line while household spending falls further, JP bond yields soft; CN equities attempt to recover recent losses; US CPI in focus on Thurs night.
A look at the day ahead in European and global markets from
Wayne Cole. It s been a typically cautious start to the week in Asia,
made all the more muted by.
It's been a typically cautious start to the week in Asia, made all the more muted by a holiday in Japan, with Chinese stocks again dragging on regional markets. On the other hand, oil was easing again after Saudi Arabia slashed prices for Asia to 27-month lows, offsetting the risk of supply disruptions in the Red Sea. Inflation will be front and centre this week with CPIs out from the United States and China, as well as Tokyo - which is so large it counts as a proxy for all of Japan these days.